Food and Beverage Franchise opportunities to start in Newcastle-under-Lyme
What to consider when starting a business in Newcastle-under-Lyme
If you're interested in running your own business in Newcastle-under-Lyme, located in the West Midlands, you should look at franchising options. Several companies are currently recruiting in the Newcastle-under-Lyme area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to find out if this could be for you. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and business goals.
A recent census found that 129,000 people live in Newcastle-under-Lyme. Residents aged 20 to 39 years old are the most represented within the population. Unemployment affects 4% of the UK population. With a rate of 5%, unemployment in this area is slightly higher than the national average. The labour force amounts to 62,600 people, representing 76.3% of the population. Salaries in Newcastle-under-Lyme average £24,646 a year, while in the United Kingdom the average salary is just over £30,500.
Why choose to open a business in the Food and Beverage sector?
In the United Kingdom, there are 23 franchises recruiting in the Food and Beverage sector. The Food and Beverage sector is actually part of the Food sector which offers a wider selection. There are currently four Waffle franchises, three Catering franchises, seven Vegan franchises, five Chocolate franchises and 11 Sweets franchises recruiting at this time. Amongst these opportunities, there is likely to be one to suit your career goals and aspirations. Opening a business is not a simple feat, but becoming a franchisee makes managing your own business much more feasible. The Newcastle-under-Lyme area offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 3,000 people. So, what is stopping you from opening your own business in Newcastle-under-Lyme today?
Three examples of available franchise business options
If you are interested in running a business in the Food and Beverage sector, read about Wiltshire Farm Foods. The brand is expanding, with 80 outlets already in operation, and a desire to expand further. If you can't afford the startup costs on your own, you could see if you qualify for financial aid. This brand also provides its franchisees with full training and support.
Another interesting franchise option is Heavenly Desserts. There are 21 locations open so far, and the network is expanding. A substantial 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 apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. Comprehensive training and support are available when you choose to invest in this franchise. You may also be eligible for financial assistance.
The Incredible Ice Cream Company is a third interesting investment opportunity in the Food and Beverage sector. By joining its network of 50 franchisees, you could contribute to this brand's success. Opening an Incredible Ice Cream Company business requires an initial investment of £12,500. These low startup costs make it a good option to pursue for first-time franchisees. You will also need to invest in a small premises to operate this business. By investing in this established brand, you could qualify for financial aid. Visit our website for more information.
If you are considering running a franchise business in the Food and Beverage sector, you might be interested to browse our 23 available brands. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.
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