Food Franchise opportunities to start in Newbury
Investing in a franchise in Newbury
Discover the business opportunities waiting for you in Newbury, situated in the South East of England. On this page you'll find a range of brands that could make you a franchisee in the West Berkshire area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. We offer a number of franchises to suit a variety of budgets and career goals. Take a look at our selection of businesses and sectors to see what might suit you.
Approximately 159,000 people currently live in West Berkshire. The majority of residents are aged 40 to 59 years old. The 2.7% unemployment rate among 83,100 economically active people in the region is significantly lower than the national average. The annual salary in the United Kingdom is close to £31,000 on average. The people of West Berkshire earn an average annual salary of £38,416, significantly higher than the national average.
Could the Food sector be the right choice for you?
There are 136 UK-based franchises available in the Food sector. Available franchises include six Bakery franchises, three Wine franchises, three Donut franchises, three Smoothie franchises and 14 Drinks franchise. The right business to suit your career objectives and aspirations might just be among them. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the West Berkshire area, 6,000 people are employed by Hospitality and Food Services companies.
Have a look at three franchise business examples
If you would like to invest in the Food industry, Crêpeaffaire could be a good option. This brand is developing, counting 24 location in the UK. In order to open a Crêpeaffaire business, a substantial initial investment of £200,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Crêpeaffaire asks for a personal investment of at least £130,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Have a look at Creams Cafe, another attractive Food franchise that launched in 2010. By joining its network of 55 franchisee, you could play a part in this brand's success. You will need to invest in a large premises to operate this business. By investing in this established brand, you could qualify for financial assistance. See our website for more information.
Lastly, LighterLife, open since 1992, is another interesting option. By joining its current 50 franchisee, you would become a part of a growing brand network. The brand is now mature and a leader within the sector, having grown its franchise network for 28 years. Initially, you would need to invest £1,000 to get your own LighterLife business up and running. 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.
Eager to read more about business opportunities in the Food sector? Check out our 136 available options. If you're still torn between different sectors, no problem! Point Franchise offers 236 franchising opportunities across many different sectors. Enjoy exploring your options.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.