Food Franchise opportunities to start in Gloucester
Investing in a franchise in Gloucester
The franchising options in Gloucester, located in the South West, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to find out which brands you could work with in Gloucester. Why not have a browse through our range of franchising options? There are opportunities to suit various needs and career goals.
The Gloucester region has 129,000 residents. The region has a 4.5% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's labour force consists of 70,900 people or 87.3% of the total population. Residents of Gloucester have an annual average salary of £26,300. In comparison, the average gross income in the United Kingdom is close to £31,000.
Why open a franchise 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. There are currently five Tea franchises, eight Ice Cream franchises, 11 Sweets franchises, three Smoothie franchises and five Juice franchises recruiting franchisees. Have a look to see whether any fit your career goals and aspirations. If you are thinking about starting a business in Hospitality and Food Services, Gloucester could be a good place to do it. Indeed, 4,000 people have already made the decision to work in this industry in the Gloucester area.
Three franchises that could interest you
If you are interested in running a business in the Food sector, read about Heavenly Desserts. There are 21 locations open so far, and the network is expanding. Starting a Heavenly Desserts business requires a substantial initial investment of £190,000. If you plan on getting a loan to cover the startup costs, Heavenly Desserts asks for a personal investment of at least £110,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. If you can't cover the startup costs on your own, you may be eligible for financial assistance.
Another possibility to consider is Wafflemeister. This brand is expanding, counting 24 outlets across the country. 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 opportunity is less suitable for first-time franchisees. Financial aid can be given in some circumstances.
Lastly, Baguette Express could be another good option for you to invest in. First established in 1999, Baguette Express has proved itself to be a successful business and leader in the sector in its 21 years since opening. By joining its current 38 franchisees, you would become a part of a growing brand network. This business opportunity requires an initial investment of £60,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Baguette Express requires a minimum personal investment of £30,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See eligibility details on our website.
The Food sector currently has 136 new business investment opportunities. On Point Franchise, there is plenty of choice in other sectors too. We have 236 franchising opportunities in total to choose from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.