Food Franchise opportunities to start in Barnstaple
Why should you invest in Barnstaple?
The North Devon area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Barnstaple. There are a variety of franchising opportunities available based on your budget and career objectives. Have a browse to find the brand that appeals to you most.
The population of North Devon is 96,000. When broken down by age range, 60+ year olds represent the largest portion of the population. The average gross salary in the United Kingdom is just over £30,500. Residents of North Devon earn £22,123 a year on average.
Why the Food sector might be a good option for you
There are 136 brands offering franchise options in the Food industry. There are currently three Wine franchises, six Milkshake franchises, six Bakery franchises, three Catering franchises and five Juice franchises recruiting franchisees. Have a look to see whether any fit your career goals and aspirations. Opening a business is not a simple feat, but becoming a franchisee makes managing your own business much more feasible. The North Devon area offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 6,000 people. So, what is stopping you from starting your own business in North Devon today?
Three franchise business examples worth looking at
If you're interested in the Food sector, take a look at Heavenly Desserts. By joining its current 21 franchisees, you would be joining a growing brand network. To start your business, you will need an initial investment of £190,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Heavenly Desserts, the minimum personal investment is £110,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. The training and assistance provided by Heavenly Desserts give you the tools to run your own business efficiently. Financial aid can also be given in some circumstances.
If the Food industry appeals to you, Veeno is another option you could consider. By joining its eight franchises already in operation, you could contribute to this brand's expansion. Opening a Veeno business requires an initial investment of £80,000. If you intend to get a loan to cover the startup costs, Veeno asks for a personal investment of at least £35,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. A large premises will also be required to operate this business. Veeno also offers training and assistance to help you run your business successfully.
Lastly, another brand worth considering is Cinnabon. First launched in 2004, Cinnabon has developed a comprehensive support package, based on 16 years of experience in the business. A network of 1,300 franchisees promotes the brand's exposure. Cinnabon could be a good option for you, as the company provides comprehensive training and support.
We offer a total of 136 businesses in the Food industry. If you're interested, see if the right investment opportunity for you is among them. Point Franchise offers a total of close to 250 franchising opportunities across many different sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.