Food Franchise opportunities to start in Hemel Hempstead
Hemel Hempstead is waiting for you to open a franchise business
The franchising options in Hemel Hempstead, located in the East of England, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to discover which brands you could work with in Dacorum. Starting a business should be exciting! Have a look at our range of franchising opportunities, focusing on the sectors that you feel most passionate about.
There are 154,000 people in the Dacorum area. The most prevalent age group in the population is 40 to 59 years old. The 2.9% unemployment rate among 78,200 economically active people in the region is significantly lower than the national average. The gross annual salary in Dacorum amounts to £32,443, which is slightly higher than the national average of close to £31,000.
Running a franchise in the Food sector
Across the UK, you will find 136 franchises operating in the Food sector. There are three Smoothie franchises, five Juice franchises, 15 Dessert franchises, seven Vegan franchises and six Milkshake franchises offering franchising opportunities. You'll find options to suit all kinds of career goals and aspirations. Opening a business is not a simple feat, but becoming a franchisee makes managing your own business much more feasible. The Dacorum region offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 4,000 people. So, what is stopping you from starting your own business in Dacorum today?
Check out three available franchise opportunities
Baguette Express is an interesting business operating in the Food sector. In business since 1999, the brand has acquired valuable experience and expertise over the past 21 years. You will need to invest £60,000 to open your own Baguette Express business. At least £30,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. You could also receive financial assistance, if eligible.
Another option to consider is Creams Cafe, a brand that has been in business since 2010. By joining its network of 55 franchisees, you could play a part in this brand's success. Financial aid can be given in some circumstances.
Lastly, Dunkin' Donuts could be another good option for you to invest in. Initially established in 1970, Dunkin' Donuts, now a leader in the sector, has gained 50 years of experience since first opening. It is now firmly rooted in the market, counting 11,000 franchise outlets. Opening a Dunkin' Donuts business requires a substantial initial investment of £3,000,000. If you plan on getting a loan to cover the startup costs, Dunkin' Donuts asks for a personal investment of at least £1,200,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. When investing in this franchise, you could qualify for financial aid. See our website for details.
The Food industry offers many interesting investment opportunities, including our 136 franchise options. Point Franchise has 236 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 machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.