Food and Beverage Franchise opportunities to start in Horndean
Horndean and its prospects for new Businesses
If you'd like to open your own business but don't know where to start, a franchise might just be the solution. Horndean, situated in Scotland, could be a good place to start as there are many brands currently recruiting franchisees in the Scottish Borders area. We offer franchise investment options in many different sectors. Why not look into the sector that appeals to you the most?
There are an estimated 115,000 people living in the Scottish Borders area. Residents aged over 60 years old make up the prevalent age group in the population. The area has 53,300 economically active people, representing 78.8% of the population, with an unemployment rate of 3.2%. This rate is lower than the country's 4% national average. Across the United Kingdom, the average gross salary is close to £31,000. In the Scottish Borders area, it is £26,777.
The Food and Beverage sector: An interesting opportunity for franchisees
Are you interested in the Food and Beverage sector? You're likely to find a franchise worth considering among 23 brands across the United Kingdom. You will find many business opportunities in the Food industry, including those in the Food and Beverage sector. Other possibilities include three Wine franchises, five Tea franchises, eight Ice Cream franchises, three Weight Loss franchises and nine Healthy Food franchises. There might be one worth considering among them. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Scottish Borders area, 3,000 people are employed by Hospitality and Food Services companies.
Three franchise businesses worth reading about
If you plan to invest in a Food and Beverage business, you could consider Crêpeaffaire. This brand is growing, counting 24 locations in the United Kingdom. You will need to invest £200,000 to start your own Crêpeaffaire business. At least £130,000 of this substantial amount should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you could find out if you qualify for financial aid.
Heavenly Desserts could be another good option for you to invest in. By joining its 21 franchises already in operation, you could contribute to this company's expansion. In order to open a Heavenly Desserts business, a significant initial investment of £190,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Heavenly Desserts requires a personal investment of at least £110,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
As a final Food and Beverage franchise option, have a look at Wafflemeister. There are 24 outlets open so far, and the network is expanding. A total of £150,000, a significant initial investment, is required to start a Wafflemeister franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £100,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. You could also receive financial assistance, if eligible. Visit our website for more information.
The Food and Beverage sector has many successful franchise businesses. We currently have 23 opportunities available in this sector. At Point Franchise, we are proud to offer close to 250 franchise options across various sectors, helping you find the perfect investment opportunities for you.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.