Food and Beverage Franchise opportunities to start in Wath upon Dearne
Starting a franchise business in Wath upon Dearne
Wath upon Dearne, located in Yorkshire and the Humber, 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 possibilities here. You might just find the right brand for starting your own business in the Rotherham area. With your interests and business objectives in mind, have a look at our selection of new business investment opportunities.
The Rotherham area has a population of 265,000 residents. Residents aged 40 to 59 years old have the highest concentration in the population. In terms of employment, the region has a labour force of 121,500 people (75.6%), of which the unemployment rate is 6%. This figure is slightly higher than the average unemployment rate in the UK. The local income averages £25,222 per year, which is slightly lower than the just over £30,500 average income in the UK as a whole.
Running a franchise in the Food and Beverage sector
The Food and Beverage sector currently offers 23 franchise opportunities. If this sector appeals to you, check out our options. The Food and Beverage sector is just one example of a sector you could invest in. Could your ideal business be among our eight Ice Cream franchises, five Tea franchises, three Smoothie franchises, 11 Sweets franchises and 14 Drinks franchises available in the Food industry? Have a look to find out. Many companies in Rotherham already work in the Hospitality and Food Services industry, which employs 6,000 people. You would become a part of a well-established business community.
Three franchise businesses worth reading about
There are many interesting franchising options in the Food and Beverage sector. Take Crêpeaffaire for example. By joining its current 24 franchisees, you would be joining a growing brand network. This business opportunity requires a substantial initial investment of £200,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Crêpeaffaire asks for a minimum personal investment of £130,000. 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. An investment in this franchise entitles you to financial assistance, if eligible.
Baguette Express, open since 1999, is another interesting option. This brand is growing, counting 38 outlets in the United Kingdom. Baguette Express has proved itself to be a successful business and leader in the field in its 21 years since opening. Opening a Baguette Express business requires an initial investment of £60,000. At least £30,000 should come from your own personal investment. It is thus less appropriate for new investors. When investing in this franchise, you could be eligible for financial aid.
As a final example, have a look at Wafflemeister. The brand is expanding, with 24 locations currently in operation, and a desire to expand further. Opening a Wafflemeister business requires a significant initial investment of £150,000. If you intend to get 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. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for more information.
The Food and Beverage sector offers 23 franchising options. Point Franchise currently has a total of 236 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.