Food and Beverage Franchise opportunities to start in Morecambe
Morecambe is waiting for you to open a franchise business
Are you thinking about opening a franchise? Morecambe, in North West England, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while running your own business. Have a look at the brands currently recruiting in Lancaster. Check out our different franchising opportunities to find the sectors and brands that most appeal to you.
Lancaster has an estimated population of 144,000 people. The most prevalent age range in the population is 20 to 39 years old. In terms of employment, the region has an economically active population of 62,900 people (69.5%), of which the unemployment rate is 4.7%. This figure is slightly higher than the average unemployment rate across the UK. The United Kingdom's annual average income is just over £30,500. Salaries in Lancaster are slightly lower in comparison, averaging £27,639 a year.
Business options in the Food and Beverage sector
There are 23 brands currently recruiting franchisees in the Food and Beverage sector. If this sector appeals to you, check them out. There are also 14 Drinks franchises, five Tea franchises, four Waffle franchises, 15 Dessert franchises and five Juice franchises recruiting franchisees in the Food industry, alongside the Food and Beverage options. Have a look to find out whether any fit your career goals and aspirations. If you are thinking about starting a business in Hospitality and Food Services, Lancaster could be a good place to do it. Indeed, 4,500 people have already made the decision to work in this field in the Lancaster area.
Three franchise business examples
The Food and Beverage sector has many franchise options available, such as Baguette Express, which opened in 1999. Baguette Express now has over 21 years of experience under its belt. There are 38 locations open so far, and the network is expanding. 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 open a business in this sector. Due to the higher startup costs, this option is not recommended for first-time franchisees. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Crêpeaffaire is another successful brand operating in the Food and Beverage sector. By joining its current 24 franchisees, you would be joining a growing brand network. This business opportunity requires a significant initial investment of £200,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Crêpeaffaire requires a minimum personal investment of £130,000. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. Eligible candidates may apply for financial aid.
Finally, if the Food and Beverage sector appeals to you, Wafflemeister is another option you could have a look at. By joining its network of 24 franchisees, you could play a part in this brand's success. To start your own Wafflemeister franchise, you will need to invest £150,000, of which at least £100,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Financial aid can be provided in some circumstances. See our website for more information.
The Food and Beverage sector currently has 23 new business investment opportunities. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.