Food and Beverage Franchise opportunities to start in Scunthorpe
Scunthorpe and its prospects for new Businesses
Discover the opportunities waiting for you in Scunthorpe, situated in Yorkshire and the Humber. On this page you'll find a selection of brands recruiting franchisees in the North Lincolnshire area. Franchising gives you the opportunity to manage your own business, complete with training and marketing assistance. Explore our sectors and brands to find your best options among various franchising opportunities, keeping in mind your personal interests and career goals.
An estimated 172,000 people currently live in North Lincolnshire. The most prevalent age range in the population is over 60 years old. The region has a 4.5% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's economically active population consists of 77,600 people or 75.8% of the total population. Across the UK, the annual gross salary is just over £30,500 on average. In the area of North Lincolnshire, it averages £26,193.
Why the Food and Beverage sector appeals to franchisees
There are currently 23 opportunities to invest in the Food and Beverage sector. If you would like to run a business in this sector, keep reading. Many brands offer franchise options in other sectors within the Food industry. For instance, there are six Milkshake franchises, three Wine franchises, eight Ice Cream franchises, three Weight Loss franchises and six Bakery franchises. You'll find options to suit all kinds of career objectives and aspirations. The Hospitality and Food Services industry provides work for many people. In North Lincolnshire, companies currently employ four,500 people in the industry.
Three brands worth your attention
If the Food and Beverage sector is your area of interest, Crêpeaffaire is worth considering. The brand is growing, with 24 location already in operation, and a desire to expand further. To start your business, you will need an initial investment of £200,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Crêpeaffaire, the minimum personal investment is £130,000. 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. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Bagel Corner is another interesting brand operating in the Food and Beverage sector. You will need to invest in a small premises to operate this business.
Finally, Heavenly Desserts could be another good option for you to invest in. This brand is expanding, counting 21 outlet in the United Kingdom. A significant initial investment of £190,000 will enable you to start your own Heavenly Desserts business. In most cases, your personal investment should represent 30 to 50% of the total amount. Heavenly Desserts requires you to personally invest at least £110,000. You could potentially get a loan to cover the remaining costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. When investing in this franchise, you could be eligible for financial aid. 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. Plus, with almost 250 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the right brand for you.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.