Food Franchise opportunities to start in Grantham
What can Grantham offer to new businesses?
You could start your own business by becoming a franchisee in Grantham. There are a number of opportunities to choose from in South Kesteven, located in the East Midlands. Take a look at our selection of brands and start managing your own business with a team behind you. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career objectives.
South Kesteven has a population of approximately 142,000 people. Residents aged over 60 years old are the most represented in the population. The 2.1% unemployment rate among the 67,600 economically active people in the area is significantly lower than the UK average. The average gross income in the United Kingdom is just over £30,500. Residents of South Kesteven earn £28,063 a year on average.
The Food sector and its franchising options
Across the United Kingdom, there are currently 136 opportunities to run your own franchise in the Food sector. This sector offers a number of interesting options, including 15 Dessert franchises, six Bakery franchises, five Chocolate franchises, five Juice franchises and eight Ice Cream franchises. See if any catch your eye. If you are thinking about opening a business in Hospitality and Food Services, South Kesteven could be a good place to do it. Indeed, 4,500 people have already made the decision to work in this field in the South Kesteven area.
Three brands worth your attention
If working in the Food industry appeals to you, check out Shakeaway. The brand is growing, with 40 outlets currently in operation, and a desire to expand further. 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 usually need to cover 30 to 50% of the total investment. Shakeaway asks for a minimum personal investment of £40,000. It is thus less appropriate for new investors. A large premises will also be required to operate this business. Eligible candidates may apply for financial assistance.
Another interesting franchise option is Crêpeaffaire. This brand is developing, counting 24 locations across the United Kingdom. To start your own Crêpeaffaire franchise, you will need to invest £200,000, of which at least £130,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. 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 make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
Lastly, have a look at Snack Aid, another competitive Food franchise that launched in 2013. Opening a Snack Aid business requires an affordable initial investment of £4,259. At least £2,555 should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. By investing in this established brand, you could qualify for financial aid. See eligibility details on our website.
The Food sector offers many interesting investment opportunities, including our 136 franchise options. Plus, with close to 250 alternative franchising options available across various sectors, Point Franchise offers plenty of choice to find the brand that best meets your needs.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.