Food Franchise opportunities to start in Reading
Investing in a franchise in Reading
You could start your own business by becoming a franchisee in Reading. There are a number of opportunities to choose from in Reading, located in the South East of England. Take a look at our selection of brands and start running your own business with a team behind you. Browsing our range of companies and sectors will allow you to pinpoint the type of business that is right for you.
Recent figures show that 163,000 people live in Reading. Residents aged 20 to 39 years old have the highest concentration in the population. Unemployment affects 4% of the UK population. With a rate of 3%, unemployment in this area is lower than the national average. The labour force amounts to 90,700 people, representing 81.7% of the population. The average gross income in the UK is close to £31,000. Residents of Reading earn £32,730 a year on average.
Why choose to open a franchise in the Food sector?
If you wish to open a business in the Food industry, have a look at our 136 franchises currently recruiting franchisees in the field. This sector offers a variety of interesting options, including three Smoothie franchises, five Tea franchises, seven Vegan franchises, eight Ice Cream franchises and three Catering franchises. See if any catch your eye. In Reading, there are currently 6,000 people employed in the Hospitality and Food Services industry, so you would become a part of an established business network.
Take a look at three franchise business examples
Snack Aid is an interesting franchise that has been operating in the Food industry since 2013. Starting a Snack Aid franchise will require you to invest a minimum of £4,259. At least £2,555 of this should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. An investment in this franchise entitles you to financial aid, if eligible.
If the Food industry appeals to you, Baguette Express is another option you could consider. In business since 1999, Baguette Express has gained valuable experience in the sector in its 21 years since first opening. By joining its 38 franchises already in operation, you could contribute to this brand's expansion. Opening a Baguette Express business requires an initial investment of £60,000. At least £30,000 should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. If eligible, you might be entitled to financial assistance. See our website for details.
Finally, another option worth considering is LighterLife. First launched in 1992, LighterLife now has over 28 years of experience under its belt. By joining its network of 50 franchisees, you could play a part in this brand's success. Initially, you would need to invest £1,000 to get your own LighterLife business up and running. Given these low startup costs, this option could be suitable for first-time franchisees.
If you are interested in the Food industry and want to discover more franchising options, check out the 136 brands available in this sector. Point Franchise has almost 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.