Food Franchise opportunities to start in Stockport
Stockport: A great location to start a business
Many brands are currently recruiting franchisees in Stockport, located in the North West of England. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Stockport area. With your interests and career objectives in mind, have a look at our range of new business investment options.
Recent figures show that Stockport has a population of 292,000 people. The 40-59 age group makes up the majority of the population. Unemployment in the area (4.8%) is high compared to the United Kingdom as a whole (4%). The labour force represents 80.6% of the local population, or 141,600 people. The average annual salary across the United Kingdom is just over £30,500. With a gross income averaging £31,553, residents of Stockport have a slightly higher salary than the national average.
The Food industry and its business opportunities
There are 136 brands offering franchise options in the Food industry. Among the business opportunities in this sector, you will find three Catering franchises, nine Healthy Food franchises, four Waffle franchises, three Weight Loss franchises and five Tea franchises. The perfect business to suit your career goals and aspirations might just be among them. In the Stockport area, the Hospitality and Food Services industry provides employment for 7,000 people.
Three franchise businesses worth reading about
If you would like to invest in a Food business, you could consider Bagel Corner. This brand is growing, counting 30 locations in the UK. A small premises will be required to operate this business.
You could also have a look at Wafflemeister. There are 24 outlets open so far, and the network is expanding. A total of £150,000, a significant initial investment, is required to start a Wafflemeister franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £100,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
Lastly, another interesting franchise option is Snack Aid, which was first established in 2013. To open your own Snack Aid franchise, you will need to invest £4,259, of which at least £2,555 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. These low startup costs make it a good option to pursue for first-time franchisees. You could also receive financial aid, if eligible. See our website for more information.
Opening a franchise in the Food industry has great potential. If you're interested, check out our 136 available options. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.