Food Franchise opportunities to start in Banbury
Banbury could be home to your new business
Banbury, located in the South East of England, offers a variety of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Cherwell area. To begin, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
The population of Cherwell is 149,000. Residents aged 40 to 59 years old are the most represented within the population. Cherwell has an average annual salary of £32,464. This salary is slightly higher than the rest of the UK, which has an average income of close to £31,000.
Business opportunities in the Food industry
If you want to run your own business in the Food industry, the good news is that there are 136 franchises currently recruiting new franchisees across the country. You will find 15 Dessert franchises, three Wine franchises, five Juice franchises, six Milkshake franchises and three Natural Food franchises offering the opportunity to invest. Check out our available brands to find a potential match. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Cherwell area, 6,000 people are employed by Hospitality and Food Services companies.
Want to know more? Read about these three brands
If you're planning to invest in the Food sector, have a look at Snack Aid, a brand that launched in 2013. A total of £4,259, an affordable initial investment, is required to open a Snack Aid franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £2,555 of the total investment should come from your personal funds. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. When investing in this franchise, you can benefit from the assistance and support of an established brand
Take a look at Wafflemeister. By joining its network of 24 franchisees, you could contribute to this brand's success. A substantial initial investment of £150,000 will enable you to start your own Wafflemeister business. In most cases, your personal investment should represent 30 to 50% of the total amount. Wafflemeister requires you to personally invest at least £100,000. You could potentially apply for a loan to cover the remaining costs. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. Wafflemeister also provides training and assistance to help you run your business successfully.
Finally, Heavenly Desserts is another successful brand operating in the Food industry. By joining its current 21 franchisees, you would be joining a growing brand network. 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. Due to the higher startup costs, this option is not recommended for first-time franchisees. By investing in this established brand, you can benefit from access to expert training and support and could even qualify for financial aid. See our website for more information.
There are currently 136 available franchise options in the Food sector. Have a look at these businesses to find out if there's a good fit for you. If this sector doesn't suit your needs, don't worry. Point Franchise offers 238 franchise options across a range of sectors to help you find your perfect business opportunity.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.