Food Franchise opportunities to start in Northfleet
Northfleet and its prospects for new Businesses
Discover the franchise options waiting for you in Northfleet, situated in the East Midlands. On this page you'll find a selection of brands recruiting franchisees in the Northampton area. Franchising is an opportunity to operate your own business, complete with training and marketing assistance. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and career goals.
Recent figures show that Northampton has a population of 225,000 people. Residents aged 20 to 39 years old are the most represented in the population. The region has a labour force of 120,300 people, or 83.0% of the total population. The unemployment rate (5.1%) is high compared to the rest of the United Kingdom. Across the UK, the average gross income is close to £31,000. In the Northampton area, it amounts to £29,501.
Why open a franchise in the Food sector?
The Food industry currently offers 136 franchise opportunities. If this sector appeals to you, have a look at our options. In fact, you can pick from six Bakery franchises, five Chocolate franchises, three Catering franchises, six Milkshake franchises and three Weight Loss franchises today. If you would like to work in the Hospitality and Food Services industry, it may interest you to know that, in the Northampton area, 7,000 people currently work in the industry.
Three brands worth your attention
If you're planning to invest in the Food sector, take a look at Veeno. By joining its eight franchises already in operation, you could contribute to this company's expansion. In order to start a Veeno business, an initial investment of £80,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Veeno requires a personal investment of at least £35,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. This investment entitles you to training, assistance and support from Veeno. You could also receive financial aid, if eligible.
Another option worth considering is Dunkin' Donuts, a company that launched in 1970. Dunkin' Donuts now offers its expertise to a loyal customer base, built up over 50 years. The brand has expanded over time and now runs in 11,000 different locations. A significant initial investment of £3,000,000 will enable you to open your own Dunkin' Donuts business. In most cases, your personal investment should represent 30 to 50% of the total amount. Dunkin' Donuts requires you to personally invest at least £1,200,000. You could potentially apply for a loan to cover the remaining costs. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Training and assistance provided by Dunkin' Donuts will help you steer your business in the right direction.
Lastly, Wafflemeister is another competitive 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 significant amount should come from your own personal investment. It is thus less appropriate for new investors. You will also need to invest in a small premises to operate this business. By investing in this established brand, you can gain access to expert training and support and could even qualify for financial aid. Visit our website for more information.
If working in the Food industry appeals to you, check out our 136 available investment opportunities in the sector. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across many different sectors. Enjoy exploring your options.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.