Food Franchise opportunities to start in Paignton
Paignton: A great location to start a business
Would you like to open a business in Paignton, located in the South West? Would you like to work for yourself but not on your own? If so, take a look at our franchising options. On this page, you'll find various brands offering the training and support you need to run your own business in the Torbay area. We offer a number of franchises to suit various budgets and career objectives. Take a look at our range of businesses and sectors to see what might suit you.
There are 136,000 people living in the Torbay region. The most represented age group is 60+ years of age. The 4.1% unemployment rate among 59,400 economically active people in the area is in line with the national average. The United Kingdom's annual average income is close to £31,000. Salaries in Torbay are lower in comparison, averaging £23,343 a year.
Running a Food franchise business
If you're interested in becoming a franchisee in the Food sector, check out our 136 franchise opportunities currently available in the field. With three Donut franchises, three Weight Loss franchises, three Wine franchises, six Milkshake franchises and 14 Drinks franchises, this sector has great potential for exciting business plans. See if there's a brand to suit your goals and interests. In Torbay, there are currently 8,000 people working in the Hospitality and Food Services industry, so you would be joining an established business network.
Want to know more? Read about these three brands
Snack Aid is an interesting franchise that has been operating in the Food industry since 2013. A total of £4,259, a reasonable initial investment, is required to start a Snack Aid franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £2,555 of the total investment should come from your personal funds. 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.
Another interesting franchising opportunity is Bagel Corner. By joining its network of 30 franchisees, you could contribute to this brand's success. A small premises will be required to operate this business.
The Food industry has many brands worth considering. As a final example, have a look at Baguette Express. In business since 1999, Baguette Express has proved itself to be a successful business and leader in the field in its 21 years since opening. There are 38 outlets open so far, and the network is expanding. Opening a Baguette Express business requires an initial investment of £60,000. If you plan on getting a loan to cover the startup costs, Baguette Express asks for a personal investment of at least £30,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. You may be eligible for financial aid. Visit our website for more information.
If working in the Food industry appeals to you, have a look at our 136 available franchising options in the sector. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.