Food Franchise opportunities to start in Great Yarmouth
Great Yarmouth and its prospects for new Businesses
Have you ever considered opening a franchise in Great Yarmouth? This could be your opportunity to manage your own business while benefiting from comprehensive training and marketing support, since many brands in the Great Yarmouth area are currently recruiting franchisees. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and business objectives.
The population of Great Yarmouth is 99,000. Residents aged over 60 years old make up the prevalent age group in the population. The community has 44,700 economically active people, representing 75.3% of the population, with an unemployment rate of 3.8%. This rate is in line with the country's 4% national average. For the Great Yarmouth area, the average income is £23,743, which is lower than the UK average salary of £30,629.
The Food sector: An interesting opportunity for franchisees
Across the United Kingdom, you will find 136 franchises operating in the Food sector. Have a look through our three Weight Loss franchises, 23 Food and Beverage franchises, three Catering franchises, eight Ice Cream franchises and five Juice franchises to find out if any suit your career goals and aspirations. If you're interested in the Hospitality and Food Services industry, you're not alone. In Great Yarmouth, 6,000 people currently work in the sector.
Three franchise business examples worth looking at
Wiltshire Farm Foods could be a great option for you if you're planning to invest in the Food industry. By joining its current 80 franchisees, you would become a part of a growing brand network. If eligible, you might be entitled to financial assistance.
Wafflemeister is another interesting brand operating in the Food sector. You will need to invest £150,000 to start your own Wafflemeister business. At least £100,000 of this substantial amount should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Lastly, take a look at CAVAVIN, another competitive Food franchise. The brand has a well-established network and good exposure, running in 160 franchise outlets. Opening a CAVAVIN business requires a significant initial investment of £100,000. At least £40,000 should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business.
If you are interested in the Food industry and would like to know more about its available franchising opportunities, look into the 136 companies currently recruiting franchisees in the sector. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across a variety of sectors. Enjoy exploring your options.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.