Food Franchise opportunities to start in Lichfield
Investing in a franchise in Lichfield
If you want to open a business in Lichfield, working for yourself but not on your own, then check out our franchising opportunities in the West Midlands. On this page, you will find a range of brands to choose from for becoming a franchisee in the Lichfield area and across the UK. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and business objectives.
The population of Lichfield is 104,000. When broken down by age group, the majority of the population falls within the 60+ category. For the Lichfield area, the average salary is £33,360, which is higher than the UK average income of just over £30,500.
Investment options in the Food sector
If you want to manage your own business in the Food industry, the good news is that there are 136 franchises currently recruiting new franchisees across the country. Could your ideal business be among our five Juice franchises, six Bakery franchises, nine Healthy Food franchises, four Waffle franchises and three Natural Food franchises? Have a look to find out. It may interest you to know that companies in the Lichfield area currently employ 3,000 people in the Hospitality and Food Services industry.
Three franchise business examples
If you would like to invest in a Food business, you could consider Wafflemeister. This brand is expanding, counting 24 outlets in the United Kingdom. You will need an initial investment of £150,000 to start your own Wafflemeister business. Your personal investment should account for at least £100,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. If eligible, you might be able to benefit from financial assistance.
Snack Aid is another successful brand that has been operating in the Food sector since 2013. Opening a Snack Aid business requires an affordable initial investment of £4,259. If you intend to get a loan to cover the startup costs, Snack Aid asks for a personal investment of at least £2,555. For most franchises, this amount represents 30 to 50% of the total investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for more information.
Finally, another possibility to consider is Baskin Robbins. The brand has been operating since 1945. Baskin Robbins now has 75 years of experience in the field, making it a strong leader. By joining its network of 150 franchisees, you would become a part of a well-established business community. Initially, you would need to invest £500,000 to get your own Baskin Robbins business up and running. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
If you want to work in the Food sector, the perfect investment opportunity could be waiting for you among our 136 available franchises in the sector. Plus, with 236 alternative franchising options available across various sectors, Point Franchise offers plenty of choice to find the right brand for you.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.