Food and Beverage Franchise opportunities to start in Prescot
What to know before opening a business in Prescot
Have you ever considered opening a franchise in Prescot? This could be your opportunity to manage your own business while benefiting from comprehensive training and marketing support, since many brands in the Knowsley area are currently recruiting franchisees. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career goals.
Recent figures show that Knowsley has a population of 150,000 residents. Residents in the 40-59 age group make up the largest portion of the population. The local unemployment rate of 2.9% among 72,200 economically active people, or 77.9% of the population, is significantly lower than the average in the UK. The average gross income in the United Kingdom is close to £31,000. Residents of Knowsley earn £25,844 a year on average.
Why choose to operate in the Food and Beverage sector?
There are 23 franchises in the Food and Beverage sector to choose from. There are also three Catering franchises, five Chocolate franchises, three Natural Food franchises, six Bakery franchises and six Milkshake franchises recruiting franchisees in the Food sector, alongside the Food and Beverage options. Have a look to see whether any fit your career goals and aspirations.
Three franchises that could interest you
Wafflemeister is a competitive brand operating in the Food and Beverage sector. By joining its network of 24 franchisees, you could play a part in this brand's success. You will need an initial investment of £150,000 to start your own Wafflemeister business. Your personal investment should account for at least £100,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. Eligible candidates may apply for financial aid.
Take a look at Crêpeaffaire, another attractive Food and Beverage franchise. The brand is developing, with 24 outlets already in operation, and a desire to expand further. A total of £200,000, a significant initial investment, is required to open a Crêpeaffaire franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £130,000 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 large premises to operate this business. If eligible, you might be able to benefit from financial assistance.
Lastly, Heavenly Desserts could be another good option for you to invest in. There are 21 locations open so far, and the network is expanding. In order to start 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 typically need to cover 30 to 50% of the total investment yourself. Heavenly Desserts asks for 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. If you can't afford the startup costs on your own, you may qualify for financial aid. Visit our website for details.
The Food and Beverage sector offers many interesting franchising opportunities, including our 23 franchise options. On Point Franchise, there is plenty of choice in other sectors as well. We have close to 250 franchising opportunities in total to choose from.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.