Food Franchise opportunities to start in Bradford
Investing in a franchise in Bradford
If you want to open your own business, you may find that Bradford has a lot to offer. Many brands are currently recruiting franchisees in the Cornwall area. Read on to see if running a franchise could be a good option for you! Why not have a browse through our selection of new business investment options? There are opportunities to suit various needs and career goals.
Recent figures show that 566,000 people live in Cornwall. The most represented age range is 60+ years old. Unemployment in the area (3.3%) is below par compared to the United Kingdom as a whole (4%). The labour force represents 80.0% of the local population, or 261,600 people. The United Kingdom's annual average salary is just over £30,500. Salaries in Cornwall are lower in comparison, averaging £23,266 a year.
Why start a business in the Food industry?
There are 136 franchises in the Food sector to choose from. There are currently three Donut franchises, three Natural Food franchises, six Milkshake franchises, six Bakery franchises and three Weight Loss franchises recruiting franchisees. Have a look to find out whether any fit your career goals and aspirations. Hospitality and Food Services is a well-established industry, providing employment for 34,000 people in Cornwall alone.
Take a look at three franchise business examples
If you plan to invest in a Food business, you could consider Wafflemeister. By joining its 24 franchises already in operation, you could contribute to this company's expansion. Opening a Wafflemeister franchise will require you to invest a minimum of £150,000. At least £100,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. A small premises will also be required to operate this business. If eligible, you might be able to benefit from financial aid.
Wiltshire Farm Foods is an interesting franchise option in the Food industry. By joining its current 80 franchisees, you would become a part of a growing brand network. An investment in this franchise entitles you to financial assistance, if eligible.
Finally, if the Food industry appeals to you, Crêpeaffaire is another option you could consider. This brand is expanding, counting 24 locations across the country. This business requires a substantial initial investment of £200,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Crêpeaffaire business is £130,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Financial aid can be given in some circumstances. Visit our website for details.
Many businesses are already operating in the Food sector. We currently have 136 franchise opportunities available in the sector. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a variety of sectors to help you find your perfect investment opportunity.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.