Food and Beverage Franchise opportunities to start in Aldridge
Starting a new business in Aldridge
If you're interested in running your own business in Aldridge, located in the West Midlands, you should look at franchising options. Several brands are currently recruiting in the Walsall area. As a franchisee you could manage your own business while benefitting from comprehensive support. Keep reading to find out if this could be for you. Why not have a look through our range of franchising options? There are opportunities to suit many needs and career goals.
There are an estimated 283,000 people in the Walsall area. When broken down by age group, 0-19 year olds represent the largest portion of the population. The community has 130,000 economically active people, representing 75.7% of the population, with an unemployment rate of 6.7%. This rate is slightly higher than the country's 4% national average. With an average gross annual income of £24,014, salaries in Walsall are lower than the average income of £30,629 across the United Kingdom.
The Food and Beverage sector and its investment opportunities
If you would like to run a Food and Beverage franchise, you are likely to find one that appeals to you among 23 available across the United Kingdom. The Food and Beverage sector is part of the Food industry, which also offers three Weight Loss franchises, six Milkshake franchises, 11 Sweets franchises, three Catering franchises and seven Vegan franchises. The perfect business to suit your career objectives and aspirations might just be among them. Moreover, the number of people currently employed in a specific industry gives an idea of how dynamic it is. In the Walsall area, 4,000 people work for Hospitality and Food Services companies.
Three franchise business examples worth looking at
The Incredible Ice Cream Company is a competitive business operating in the Food and Beverage sector. By joining its current 50 franchisees, you would be joining a growing brand network. To open your own Incredible Ice Cream Company business, you will need an initial investment of £12,500. These low startup costs make it a good option to pursue for first-time franchisees.
Another option to consider is Heavenly Desserts. By joining its network of 21 franchisees, you could play a part in this brand's success. A total of £190,000, a substantial initial investment, is required to start a Heavenly Desserts franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £110,000 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. Training and assistance provided by Heavenly Desserts will help you steer your business in the right direction. And, if eligible, you might be able to benefit from financial aid.
The Food and Beverage sector has many brands worth considering. As a final example, have a look at Wiltshire Farm Foods. The brand is expanding, with 80 locations currently in operation, and a desire to expand further. If you can't cover the startup costs on your own, you could see if you qualify for financial assistance. See our website for more information. This brand also provides its franchisees with full training and support.
Many businesses are already operating in the Food and Beverage sector. We currently have 23 franchise options available in the sector. Point Franchise offers a total of 238 franchising options across a variety of sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.