Food Franchise opportunities to start in Sutton Coldfield
Starting a new business in Sutton Coldfield
If you want to open a business in Sutton Coldfield, working for yourself but not on your own, then check out our franchising opportunities in the West Midlands. On this page, you will find a range of brands to choose from for becoming a franchisee in the Birmingham area and across the UK. Starting a business should be exciting! Explore our selection of franchising options, starting with the sectors that you feel most passionate about.
There are an estimated 1,141,000 people in the Birmingham area. The most prevalent age group in the population falls within the 20-39 age bracket. Unemployment affects 4% of the UK population. With a rate of 8.8%, unemployment in this area is slightly higher than the national average. The labour force amounts to 522,400 people, representing 71.6% of the population. The average annual salary across the United Kingdom is £30,629. With a gross income averaging £26,786, residents of Birmingham have a slightly lower salary than the national average.
Why the Food sector appeals to franchisees
There are currently 136 opportunities to invest in the Food industry. If you would like to operate a business in this field, keep reading. With three Donut franchises, three Catering franchises, four Waffle franchises, three Weight Loss franchises and 23 Food and Beverage franchises, this sector has great potential for exciting investment opportunities. See if there's a brand to suit your goals and interests. If you are considering joining the Hospitality and Food Services industry, it may interest you to know that 27,000 people have already made the decision to work in this industry in the Birmingham area.
Take a look at three franchise business examples
Crêpeaffaire is an interesting business operating in the Food industry. Starting a Crêpeaffaire business requires a significant initial investment of £200,000. If you plan on getting a loan to cover the startup costs, Crêpeaffaire asks for a personal investment of at least £130,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
You could also have a look at Baguette Express, which has been running since 1999. Baguette Express has acquired valuable experience in the field in its 21 years since first opening. The brand is growing, with 38 locations already in operation, and a desire to expand further. 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 usually need to cover 30 to 50% of the total investment. Baguette Express requires a minimum personal investment of £30,000. It is thus less appropriate for new investors. You could also receive financial aid, if eligible. Visit our website for details.
Finally, another option to consider is LighterLife, a brand that has been operating since 1992. LighterLife now has over 28 years of experience under its belt. This brand is expanding, counting 50 outlets in the United Kingdom. Initially, you would need to invest £1,000 to get your own LighterLife business up and running. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
The Food industry currently has 136 new business investment opportunities. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across many different sectors. Enjoy exploring your options.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.