Food Franchise opportunities to start in Loughborough

Starting a franchise business in Loughborough

Would you like to open a business in Loughborough, located in the East Midlands? Would you like to work for yourself but not on your own? If so, take a look at our franchising opportunities. On this page, you'll find various brands offering the training and support you need to run your own business in the Charnwood area. Browsing our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.

According to recent census data, there are 183,000 people in Charnwood. The age group with the highest concentration is 20-39. The economically active population in Charnwood amounts to 96,200 people, with an unemployment rate of 3.1%. This rate is lower than the national average. The United Kingdom's annual average salary is £30,629. Salaries in Charnwood are slightly lower in comparison, averaging £28,053 a year.

Why Food businesses appeal to franchisees

There are currently 136 opportunities to invest in the Food sector. If you would like to run a business in this field, keep reading. Have a look through our five Juice franchises, four Waffle franchises, 15 Dessert franchises, six Bakery franchises and six Milkshake franchises to find out if any suit your career goals and aspirations. If you want to work in the Hospitality and Food Services industry, it may interest you to know that, in the Charnwood area, 4,500 people currently work in the industry.

Three franchises that could interest you

If you are interested in opening a business in the Food industry, read about Shakeaway. By joining its network of 40 franchisees, you could contribute to this brand's success. This business opportunity requires a significant initial investment of £100,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Shakeaway requires a minimum personal investment of £40,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you could see if you qualify for financial aid.

Snack Aid is another successful business that has been operating in the Food sector since 2013. You will need an initial investment of £4,259 to start your own Snack Aid business. Your personal investment should account for at least £2,555 of the total amount. You may want to think about getting a loan to open a business in this sector. These relatively low startup costs make it a good option to pursue for first-time franchisees. If you can't cover the startup costs on your own, you may be eligible for financial assistance.

Finally, another possibility to consider is CAVAVIN. The brand's network is made up of 160 franchisees, which enhance its visibility. You will need to invest £100,000 to start your own CAVAVIN business. At least £40,000 of this significant amount should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. When investing in this franchise, you could qualify for financial aid. See eligibility details on our website.

If you are interested in the Food sector and would like to know more about its available franchising options, check out the 136 companies currently recruiting franchisees in the sector. If you are still not sure which sector best suits your needs, have a look through our range of close to 250 franchising opportunities across a variety of sectors on Point Franchise.

Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.