Food Franchise opportunities to start in St Helens
Opening a franchise business in St Helens
Have you ever considered opening a franchise in St Helens? This could be your opportunity to manage your own business while receiving comprehensive training and marketing support, since many brands in the Isle of Wight area are currently recruiting franchisees. There are a number of new business investment options available based on your budget and career objectives. Have a browse to find the brand that appeals to you most.
The Isle of Wight area has 142,000 residents. The 60+ age range makes up the majority of the population. The community has a 3.6% unemployment rate, which is lower than the national average of 4%. Overall, the region's economically active population consists of 58,600 people or 76.6% of the total population. The annual salary in the UK is close to £31,000 on average. The people of Isle of Wight earn an average annual salary of £24,262, lower than the country's average.
The Food sector: An interesting opportunity for franchisees
The Food sector currently offers 136 franchise opportunities. If this sector appeals to you, check out our options. In fact, you can choose from three Smoothie franchises, eight Ice Cream franchises, five Juice franchises, 14 Drinks franchises and five Chocolate franchises today. Interesting fact: companies in Hospitality and Food Services employ 7,000 people in the Isle of Wight area. This could be your opportunity to start a successful business of your own!
Three brands worth your attention
First established in 1999, Baguette Express is a competitive brand operating in the Food industry. The company now has 21 years of experience, making it a leader in the sector. This brand is growing, counting 38 locations across the country. You will need an initial investment of £60,000 to start your own Baguette Express business. Your personal investment should account for at least £30,000 of the total amount. You may want to consider getting a loan to open a business in this sector. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. By investing in this established brand, you could qualify for financial assistance.
If the Food sector appeals to you, Dunkin' Donuts is another option you could have a look at. In business since 1970, Dunkin' Donuts is a recognized leader in the field, with 50 years of experience under its belt with a wide network of 11,000 outlets, the brand knows how to support its franchisees. In order to open a Dunkin' Donuts business, a substantial initial investment of £3,000,000 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. Dunkin' Donuts asks for a personal investment of at least £1,200,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. Financial support is available for eligible franchisees.
Lastly, another option to consider is Crêpeaffaire. There are 24 locations open so far, and the network is expanding. This business opportunity requires a significant initial investment of £200,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Crêpeaffaire requires a minimum personal investment of £130,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid. See our website for details.
The Food industry offers 136 franchising opportunities. On Point Franchise, there is plenty of choice in other sectors as well. We have close to 250 franchising opportunities in total to choose from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.