Food Franchise opportunities to start in Stourbridge
Is Stourbridge a good place to be a franchisee?
Many brands are currently recruiting franchisees in Stourbridge, located in the West Midlands. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Dudley area. Why not have a browse through our selection of franchising options? There are opportunities to suit various needs and career objectives.
According to recent census data, 321,000 people live in Dudley. When broken down by age group, the 40-59 age range is the most prevalent in the population. Unemployment affects 4% of the UK population. With a rate of 4.7%, unemployment in this area is slightly higher than the national average. The labour force amounts to 145,500 people, making up 76.2% of the population. The region's average gross annual income of £28,043 is slightly lower than the average income of £30,629 across the UK.
Could the Food industry be the right choice for you?
Are you interested in the Food sector? You're likely to come across a franchise worth considering among 136 brands across the United Kingdom. Available franchises include five Juice franchises, 14 Drinks franchises, 11 Sweets franchises, nine Healthy Food franchises and five Chocolate franchises. The right business to suit your career goals and aspirations might just be among them. If you are thinking about opening a business in Hospitality and Food Services, Dudley could be a good place to do it. Indeed, 5,000 people have already made the decision to work in this sector in the Dudley area.
Eager to know more? Here are three franchise business examples
There are many interesting franchising possibilities in the Food sector. Take Shakeaway for example. This brand is growing, counting 40 locations in the United Kingdom. In order to start a Shakeaway business, a substantial initial investment of £100,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Shakeaway asks for a personal investment of at least £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. Financial assistance is available for eligible franchisees.
If the Food sector appeals to you, Crêpeaffaire is another option you could consider. By joining its 24 franchises already in operation, you could contribute to this company's expansion. Starting a Crêpeaffaire business requires a significant initial investment of £200,000. At least £130,000 should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Finally, you could also have a look at Heavenly Desserts. The brand is developing, with 21 outlets currently in operation, and a desire to expand further. Opening a Heavenly Desserts business requires a substantial initial investment of £190,000. If you intend to get 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. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. When investing in this franchise, you could qualify for financial aid. Visit our website for more information.
There are 136 franchises waiting to be discovered in the Food industry. Plus, with 236 alternative franchising options available across various sectors, Point Franchise offers plenty of choice to find the brand that best meets your needs.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.