Food Franchise opportunities to start in Farnham
Starting a new business in Farnham
Many brands are currently recruiting franchisees in Farnham, located in South West England. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing assistance. Keep reading to explore the options in the North Dorset area. Browse our extensive possibilities in order to find the right brand for you, and you'll be one step closer to opening your own business.
There are 376,000 people living in the North Dorset region. When broken down by age group, 60+ year olds represent the largest portion of the population. The community has 157,200 economically active people, representing 77.8% of the population, with an unemployment rate of 2.6%. This rate is significantly lower than the country's 4% national average. The United Kingdom's annual average income is just over £30,500. Salaries in North Dorset are slightly lower in comparison, averaging £27,043 a year.
Why start a franchise in the Food sector?
The Food industry currently offers 136 franchise opportunities. If this sector appeals to you, take a look at our options. You can choose an investment opportunity from three Catering franchises, eight Ice Cream franchises, 23 Food and Beverage franchises, five Juice franchises and three Smoothie franchises. Let our selection of brands be your guide to starting your next exciting business opportunity.
Have a look at three franchise business examples
If working in the Food sector appeals to you, check out Dunkin' Donuts. Initially established in 1970, Dunkin' Donuts, now a leader in the sector, has gained 50 years of experience since first opening. It is now firmly rooted in the market, counting 11,000 franchise outlets. Opening a Dunkin' Donuts franchise will require you to invest a minimum of £3,000,000. At least £1,200,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. When investing in this franchise, you could qualify for financial aid.
The Food industry has many brands worth considering. Have a look at Wafflemeister. The brand is expanding, with 24 locations already in operation, and a desire to expand further. You will need an initial investment of £150,000 to open your own Wafflemeister business. Your personal investment should account for at least £100,000 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. A small premises will also be required to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Finally, if the Food industry appeals to you, Heavenly Desserts is another option you could consider. By joining its current 21 franchisees, you would be joining a growing brand network. A substantial initial investment of £190,000 will enable you to open your own Heavenly Desserts business. In most cases, your personal investment should represent 30 to 50% of the total amount. Heavenly Desserts requires you to personally invest at least £110,000. You could potentially get a loan to cover the remaining costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You may be eligible for financial aid. Visit our website for more information.
We offer a total of 136 businesses in the Food industry. If you're interested, see if the right franchising opportunity for you is among them. With almost 250 new business investment opportunities to choose from across various sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.