Food Franchise opportunities to start in Rugby

Investing in a franchise in Rugby

If you want to open your own business, you may find that Rugby has a lot to offer. Many brands are currently looking for franchisees in the Rugby area. Keep reading to find out if running a franchise could be a good option for you! To begin, look for the line of work that interests you the most. This is a quick way to find the franchise best suited to you.

There are 107,000 people living in the Rugby area. When broken down by age group, 40-59 year olds represent the largest portion of the population. Unemployment in the area (3.9%) is comparable to the UK as a whole (4%). The labour force represents 86.7% of the local population, or 57,200 people. The gross annual salary in Rugby amounts to £30,280, which is in line with the national average of close to £31,000.

Investment opportunities in the Food sector

Are you interested in the Food industry? You're likely to come across a franchise worth considering among 136 brands in the United Kingdom. Among the business opportunities in this field, you will find six Milkshake franchises, four Waffle franchises, nine Healthy Food franchises, 15 Dessert franchises and five Juice franchises. There might be one worth considering among them. If you're interested in the Hospitality and Food Services industry, you're not alone. In Rugby, 3,500 people currently work in the industry.

Here are three examples of franchise businesses

The Food sector has many franchise options available, such as Cinnabon, which opened in 2004. Cinnabon has acquired valuable experience in the sector in its 16 years since first opening. It is now firmly rooted in the market, counting 1,300 franchise locations.

Another option to consider is Baguette Express, a brand that was first established in 1999. The brand has gained valuable experience and expertise over the past 21 years. This brand is expanding, counting 38 outlets across the UK. You will need an initial investment of £60,000 to open your own Baguette Express business. Your personal investment should account for at least £30,000 of the total amount. You may want to consider getting a loan to open a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you can't afford the startup costs on your own, you may be eligible for financial assistance.

As a final example, have a look at CAVAVIN. By joining its network of 160 franchisees, you would become a part of a strong business community. This business opportunity requires a substantial initial investment of £100,000. 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. CAVAVIN asks for a minimum personal investment of £40,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Financial aid can be given in some circumstances. See our website for more information.

The Food sector has many successful franchise businesses. We currently have 136 options available in this sector. At Point Franchise, we have 236 new business investment opportunities available, giving you plenty to choose from in other sectors too.

This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.