Food Franchise opportunities to start in Herne Bay
Starting a new business in Herne Bay
You could open your own business by becoming a franchisee in Herne Bay. Canterbury, located in South East England, offers a variety of new business investment opportunities. On this page, you'll find a range of companies looking for franchisees. With your interests and business objectives in mind, have a look at our selection of franchising options.
According to recent census data, there are 165,000 people in Canterbury. The majority of the population falls within the 20-39 age category. The local unemployment rate of 2.4% is very low compared to the UK average of 4%. The local labour force consists of 73,500 people, representing 71.0% of the population. Across the UK, the annual gross salary is £30,629 on average. In the region of Canterbury, it averages £31,483.
The Food industry could be the right choice for you
There are 136 UK-based franchises available in the Food sector. Available franchises include six Bakery franchises, three Catering franchises, five Juice franchises, six Milkshake franchises and 11 Sweets franchises. The perfect business to suit your career goals and aspirations might just be among them. Hospitality and Food Services is a well-established industry, providing employment for 6,000 people in Canterbury alone.
Check out these three business examples
Baguette Express could be a great choice for you if you're planning to invest in the Food sector. Open since 1999, the brand has gained valuable experience and expertise over the past 21 years. This brand is expanding, counting 38 outlets in the United Kingdom. This business requires an initial investment of £60,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Baguette Express business is £30,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
Shakeaway is another interesting investment opportunity if you plan to invest in the Food sector. By joining its 40 franchises already in operation, you could contribute to this brand's expansion. You will need to invest £100,000 to start your own Shakeaway business. At least £40,000 of this significant amount should come from your own personal investment. It is thus less appropriate for new investors. A large premises will also be required to operate this business. If you can't cover the startup costs on your own, you may be eligible for financial assistance. Visit our website for details.
Finally, another option to consider is Baskin Robbins, a brand that has been operating since 1945. The company has built strong customer loyalty over the past 75 years. The brand has a strong network and good visibility, operating in 150 franchise locations. Opening a Baskin Robbins business requires an initial investment of £500,000. Due to the higher startup costs, this option is not advisable for first-time franchisees.
There are currently 136 available franchising opportunities in the Food sector. Take a look at these brands to see if there's a good fit for you. You will find a total of almost 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.