Food and Beverage Franchise opportunities to start in Manchester
Manchester is waiting for you to begin a franchise business
Manchester, located in North West England, has many opportunities for people looking to open their own business. There are many brands currently recruiting franchisees in the Manchester area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. Why not have a look through our range of new business investment options? There are opportunities to suit various needs and business objectives.
A recent census found that 548,000 people live in Manchester. The 20-39 age group is the most represented within the population. The 6.3% unemployment rate among 276,800 economically active people in the community is slightly higher than the national average. Residents in the area earn £25,609 per year on average. This income is slightly lower than the national average gross salary, which reaches just over £30,500.
The Food and Beverage sector and its investment options
There are 23 UK-based franchises available in the Food and Beverage sector. In fact, the Food industry as a whole offers a wide variety of franchises to invest in, including five Chocolate franchises, three Weight Loss franchises, eight Ice Cream franchises, 14 Drinks franchises and four Waffle franchises. Have a look at our available brands to find a potential match. If you want to work in the Hospitality and Food Services industry, it may interest you to know that, in the Manchester area, 36,000 people currently work in the industry.
Three examples of available franchise business possibilities
If you plan to invest in a Food and Beverage business, you could consider Wafflemeister. By joining its current 24 franchisees, you would be joining a growing brand network. A total of £150,000, a significant initial investment, is required to start a Wafflemeister franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £100,000 of the total investment should come from your personal funds. The higher startup costs make this 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. If you can't cover the startup costs on your own, you may qualify for financial aid.
You could also consider Crêpeaffaire. By joining its network of 24 franchisees, you could contribute to this brand's success. In order to start a Crêpeaffaire business, a significant initial investment of £200,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Crêpeaffaire requires a personal investment of at least £130,000. 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 large premises to operate this business. When investing in this franchise, you could be eligible for financial assistance.
As a final Food and Beverage franchise option, take a look at Baguette Express. Launched in 1999, Baguette Express now has over 21 years of experience under its belt. There are 38 outlets open so far, and the network is expanding. Opening a Baguette Express franchise will require you to invest a minimum of £60,000. At least £30,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. If eligible, you might be able to benefit from financial aid. See eligibility details on our website.
Eager to read more about business opportunities in the Food and Beverage sector? Check out our 23 available options. If this sector doesn't suit your needs, don't worry. Point Franchise offers almost 250 franchise options across a range of sectors to help you find your perfect investment opportunity.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.