Food Franchise opportunities to start in West Bromwich
What to consider when starting a business in West Bromwich
Are you thinking about opening a franchise? West Bromwich, in the West Midlands, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while managing your own business. Take a look at the brands currently recruiting in Sandwell. By browsing the sectors that appeal to you the most, you will find the franchises that best suit your interests and career objectives.
Sandwell has a population of approximately 327,000 people. The 20-39 age group is the most represented within the population. The 5.3% unemployment rate among the 153,400 economically active people in the area is slightly higher than the UK average. Residents in the area earn £23,823 per year on average. This income is lower than the national average gross salary, which reaches just over £30,500.
Why the Food sector might be a good option for you
In the UK, you will find 136 franchises recruiting in the Food sector. In fact, you can pick from 14 Drinks franchise, three Smoothie franchises, six Milkshake franchises, eight Ice Cream franchises and five Tea franchises today. If you would like to operate a business in the Hospitality and Food Services industry, it could be useful to know that companies in the field currently employ 5,000 people in the Sandwell area.
Want to know more? Read about these three brands
Bagel Corner could be a great choice for you if you're interested in the Food sector. There are 30 outlet open so far, and the network is expanding. A small premises will be required to operate this business.
Baguette Express is another successful brand that has been operating in the Food industry since 1999. Baguette Express has proved itself to be a successful business and leader in the sector in its 21 years since opening. The brand is developing, with 38 location already in operation, and a desire to expand further. Starting a Baguette Express franchise will require you to invest a minimum of £60,000. At least £30,000 of this should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
As a final example, have a look at CAVAVIN. The brand's network is significant, counting 160 outlets in the United Kingdom. You will need to invest £100,000 to begin running your own CAVAVIN business, which is a significant initial investment. Your personal investment should account for at least £40,000 of the total amount. 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. By investing in this established brand, you could qualify for financial aid. Visit our website for details.
Opening a franchise in the Food sector has great potential. If you're interested, explore our 136 available options. If you are still not sure which sector best suits your needs, have a look through our range of 236 new business investment opportunities across a variety of sectors on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.