Food and Beverage Franchise opportunities to start in Durham
Starting a franchise business in Durham
Durham, located in the North East of England, offers a number of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising opportunities here. You might just find the right brand for starting your own business in the County Durham area. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career goals.
According to recent census data, 527,000 people live in County Durham. Residents aged over 60 years old make up the prevalent age group in the population. County Durham has an unemployment rate of 5.7% within its labour force of 244,900 people. This rate is high compared to the national average. Residents of County Durham have an annual average income of £27,594. In comparison, the average gross salary in the UK is close to £31,000.
What the Food and Beverage sector could offer you
There are 23 franchises in the Food and Beverage sector to choose from. There are also four Waffle franchises, five Juice franchises, 14 Drinks franchises, 11 Sweets franchises and three Catering franchises recruiting franchisees in the Food industry, alongside the Food and Beverage options. Have a look to see whether any fit your career goals and aspirations.
Three franchise business examples
If you are interested in opening a business in the Food and Beverage sector, read about Wafflemeister. By joining its 24 franchises already in operation, you could contribute to this brand's expansion. Starting a Wafflemeister business requires a significant initial investment of £150,000. If you plan on getting a loan to cover the startup costs, Wafflemeister asks for a personal investment of at least £100,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. You will also need to invest in a small premises to operate this business. Also, if you can't cover the startup costs alone, you may be able to benefit from financial assistance.
Bagel Corner is an interesting franchise option in the Food and Beverage sector. By joining its network of 30 franchisees, you could play a part in this brand's success. A small premises will be required to operate this business.
Lastly, Crêpeaffaire is another interesting option. The brand is growing, with 24 outlets currently in operation, and a desire to expand further. You will need an initial investment of £200,000 to start your own Crêpeaffaire business. Your personal investment should account for at least £130,000 of the total amount. You may want to think about getting a loan to open a business in this sector. 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. Financial support is available for eligible franchisees. See our website for more information.
If you are interested in the Food and Beverage sector and would like to discover more franchising options, take a look at the 23 brands available in this sector. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of 236 franchising possibilities.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.