Food Franchise opportunities to start in Tamworth
Tamworth: A great location to start a business
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Tamworth, situated in the West Midlands, could be a good place to start as there are many businesses currently recruiting franchisees in the Tamworth area. Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
The Tamworth area has a population of 77,000 people. The majority of residents are aged 40 to 59 years old. The 5.3% unemployment rate among 40,600 economically active people in the region is slightly higher than the national average. The UK's annual average salary is £30,629. Salaries in Tamworth are slightly lower in comparison, averaging £26,343 a year.
Why the Food sector appeals to franchisees
If you would like to operate a Food franchise, you are likely to find one that interests you among 136 available across the United Kingdom. There are three Weight Loss franchises, three Wine franchises, seven Vegan franchises, five Chocolate franchises and 23 Food and Beverage franchises offering the opportunity to invest. Have a look at our available brands to find a potential match.
Three franchise business examples
Wafflemeister could be a great choice for you if you're interested in the Food sector. This brand is growing, counting 24 outlets across the UK. This business opportunity requires a substantial initial investment of £150,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Wafflemeister requires a minimum personal investment of £100,000. The higher startup costs make this 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. Eligible candidates may apply for financial aid. See our website for details.
The Food sector has many brands worth considering. Take a look at Baskin Robbins. In business since 1945, Baskin Robbins is a recognized leader in the field, with 75 years of experience under its belt the brand's network is made up of 150 franchisees, which increase its exposure. An initial investment of £500,000 will allow you to open your own Baskin Robbins business. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Finally, Bagel Corner is another interesting option. By joining its network of 30 franchisees, you could play a part in this brand's success. You will need to invest in a small premises to operate this business.
The Food sector offers many interesting franchising opportunities, including our 136 franchise options. Point Franchise currently has a total of almost 250 brands recruiting franchisees across a range of sectors. Have a look to see which other sectors you might want to invest in.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.