Food Franchise opportunities to start in Royal Tunbridge Wells
Is Royal Tunbridge Wells a good place to become a franchisee?
You could start your own business by becoming a franchisee in Royal Tunbridge Wells. There are a number of possibilities to choose from in Tunbridge Wells, located in South East England. Check out our range of brands and start running your own business with a team behind you. There are a variety of new business investment options available based on your budget and career objectives. Have a look to find the brand that appeals to you most.
Tunbridge Wells has an estimated population of 118,000 residents. The majority of the population sits within the 40-59 age range. Unemployment affects 4% of the UK population. With a rate of 2.7%, unemployment in this area is significantly lower than the national average. The economically active population amounts to 58,100 people, making up 83.4% of the population. With an average gross annual income of £39,104, salaries in Tunbridge Wells are significantly higher than the average salary of just over £30,500 across the UK.
Running a Food franchise business
Are you interested in the Food industry? If so, there are 136 available brands to choose from across the country. Take a look at our three Smoothie franchises, 14 Drinks franchises, nine Healthy Food franchises, 11 Sweets franchises and eight Ice Cream franchises. Could one of these businesses help you reach your career goals and aspirations? In Tunbridge Wells, there are currently 4,000 people employed in the Hospitality and Food Services industry, so you would become a part of an established business network.
Take a look at three franchise business examples
If you plan to invest in a Food business, you could consider Cinnabon. First established in 2004, Cinnabon has gained valuable experience in the sector in its 16 years since first opening. With a significant network of 1,300 outlets, the brand knows how to support its franchisees.
You could also have a look at Snack Aid, which has been in business since 2013. You will need to invest £4,259 to begin operating your own Snack Aid business, which is a reasonable initial investment. Your personal investment should account for at least £2,555 of the total amount. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If eligible, you might be entitled to financial assistance.
Finally, Baguette Express, open since 1999, is another interesting option. By joining its current 38 franchisees, you would be joining a growing brand network. The company now has 21 years of experience, making it a leader in the field. You will need an initial investment of £60,000 to open 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 start a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See our website for details.
If you would like to know more about franchise opportunities in the Food industry, have a browse through our 136 available options. You will find a total of close to 250 franchise opportunities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.