Food Franchise opportunities to start in Redditch
Is Redditch a good place to be a franchisee?
If you want to start your own business, you may find that Redditch has a lot to offer. Several brands are currently looking for franchisees in the Redditch area. Read on to see if running a franchise could be a good option for you! By exploring the sectors that appeal to you the most, you will find the franchises that best suit your interests and business goals.
According to recent census data, 85,000 people live in Redditch. Residents aged 40 to 59 years old have the highest concentration within the population. The 3.1% unemployment rate among 43,200 economically active people in the community is lower than the national average. Salaries in Redditch average £23,405 a year, while in the UK the average salary is close to £31,000.
Why the Food industry appeals to franchisees
There are 136 brands offering franchise options in the Food sector. This sector offers a variety of interesting options, including 11 Sweets franchises, 15 Dessert franchises, six Bakery franchises, three Donut franchises and five Juice franchises. See if any catch your eye.
Take a look at three franchise business examples
Bagel Corner could be a great choice for you if you're interested in the Food sector. By joining its network of 30 franchisees, you could contribute to this brand's success.
Cinnabon is another interesting brand operating in the Food sector. The first franchise launched in 2004. Cinnabon has acquired valuable experience in the sector in its 16 years since first opening.
Finally, another opportunity worth considering is CAVAVIN. By joining its network of 160 franchisees, you would become a part of a well-established business community. Starting a CAVAVIN business requires a significant initial investment of £100,000. If you plan on getting a loan to cover the startup costs, CAVAVIN asks for a personal investment of at least £40,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business.
If you would like to take a look at more new business investment options in the Food sector, we currently have 136 available opportunities. If you're curious about investment options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.