Food Franchise opportunities to start in Salford
What to consider when starting a business in Salford
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our selection of brands in Salford, located in the Central Bedfordshire area in the East of England, where many companies are currently recruiting. Exploring our range of brands and sectors will allow you to pinpoint the type of business that is right for you.
An estimated 284,000 people currently live in Central Bedfordshire. Residents aged 40 to 59 years old have the highest concentration within the population. The local unemployment rate of 1.1% among 146,700 economically active people, or 81.8% of the population, is significantly lower than the average in the United Kingdom. For the Central Bedfordshire area, the average income is £33,508, which is higher than the national average salary of £30,629.
Why Food businesses appeal to franchisees
The Food industry currently offers 136 franchise opportunities. If this sector appeals to you, have a look at our options. Take a look at our five Juice franchises, 15 Dessert franchises, three Smoothie franchises, six Milkshake franchises and eight Ice Cream franchises. Could one of these brands help you reach your career goals and aspirations? If you would like to work in the Hospitality and Food Services industry, you may be interested to know that, in the Central Bedfordshire area, 9,000 people currently work in the industry.
Three franchise businesses worth reading about
If you're interested in the Food industry, have a look at Snack Aid, a brand that launched in 2013. Opening a Snack Aid business requires a reasonable initial investment of £4,259. At least £2,555 should come from your own personal investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you can't cover the startup costs on your own, you could see if you qualify for financial aid.
Wafflemeister is another successful brand operating in the Food sector. By joining its current 24 franchisees, you would become a part of a growing brand network. In order to open a Wafflemeister business, a significant initial investment of £150,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Wafflemeister asks for a personal investment of at least £100,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. Also, if you can't afford the startup costs alone, you may be entitled to financial assistance.
Dunkin' Donuts is a third interesting franchise option in the Food sector. First established in 1970, Dunkin' Donuts now offers its expertise to a loyal customer base, built up over 50 years. It is now firmly rooted in the market, counting 11,000 franchise locations. You will need an initial investment of £3,000,000 to start your own Dunkin' Donuts business. Your personal investment should account for at least £1,200,000 of the total amount. You may want to consider getting a loan to start 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. Also, if you can't afford the startup costs on your own, you may qualify for financial support. Visit our website for more information.
The Food industry has many successful franchise businesses. We currently have 136 opportunities available in this sector. 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 various sectors on Point Franchise.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.