Food and Beverage Franchise opportunities to start in Burntwood
Burntwood is an attractive town to invest in
If you want to open your own business, you may find that Burntwood has a lot to offer. Several brands are currently looking for franchisees in the Lichfield area. Read on to find out if running a franchise could be a good option for you! To begin, look for the line of work that interests you the most. This is a quick way to find the franchise best suited to you.
The Lichfield area has a population of 104,000 people. Residents aged over 60 years old have the highest concentration within the population. Lichfield has an average annual income of £33,360. This salary is higher than the rest of the United Kingdom, which has an average salary of close to £31,000.
The Food and Beverage sector could be the right choice for you
Are you interested in the Food and Beverage sector? You're likely to find a franchise worth considering among 23 brands in the United Kingdom. The Food and Beverage sector is just one example of a sector you could invest in. Could your ideal business be among our three Smoothie franchises, five Juice franchises, three Catering franchises, 11 Sweets franchises and seven Vegan franchises available in the Food industry? Have a browse to find out. Moreover, the number of people currently employed in a specific industry gives an idea of how dynamic it is. In the Lichfield area, 3,000 people are employed by Hospitality and Food Services companies.
Three franchise businesses worth reading about
There are many interesting franchising options in the Food and Beverage sector. Take Heavenly Desserts for example. By joining its network of 21 franchisees, you could play a part in this brand's success. This business requires a substantial initial investment of £190,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Heavenly Desserts business is £110,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If eligible, you might be entitled to financial aid.
Another possibility to consider is Wiltshire Farm Foods. There are 80 locations open so far, and the network is expanding. If you can't afford the startup costs on your own, you could see if you qualify for financial assistance.
Finally, another option worth considering is Wafflemeister. The brand is expanding, with 24 outlets currently in operation, and a desire to expand further. To start your business, you will need an initial investment of £150,000. If you plan on getting 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 Wafflemeister, the minimum personal investment is £100,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See our website for more information.
Opening a business in the Food and Beverage sector has great potential. If you're interested, check out our 23 available opportunities. You will find a total of almost 250 franchise options on Point Franchise. So if you are still looking for the perfect business opportunity, there are still plenty of options for you to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.