Food and Beverage Franchise opportunities to start in Loughborough
Loughborough is waiting for you to begin a franchise business
Loughborough, located in the East Midlands, offers a variety of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising options here. You might just find the right brand for starting your own business in the Charnwood area. Exploring our range of brands and sectors will allow you to pinpoint the type of business that is right for you.
There are approximately 183,000 people currently living in Charnwood. Residents aged 20 to 39 years old have the highest concentration in the population. The labour force constitutes 81.3% of the population, or approximately 96,200 people. The region has an unemployment rate of 3.1% which is lower than the UK average of 4%. The average annual salary across the United Kingdom is close to £31,000. With a gross income averaging £28,053, residents of Charnwood have a slightly lower salary than the national average.
Why the Food and Beverage sector appeals to franchisees
The Food and Beverage sector currently offers 23 franchise opportunities. If this sector appeals to you, check out our options. This is just one of the sectors you could choose within the Food sector. There are also seven Vegan franchises, three Smoothie franchises, six Bakery franchises, three Natural Food franchises and eight Ice Cream franchises. Have a browse and see if any are a good fit for you. If you are considering joining the Hospitality and Food Services industry, it may interest you to know that 4,500 people have already made the decision to work in this field in the Charnwood area.
Three franchises that might interest you
Initially established in 1999, Baguette Express operates in the Food and Beverage sector. The company is now mature and a leader within the sector, having developed its franchise network for 21 years. The brand is expanding, with 38 locations already in operation, and a desire to expand further. In order to open a Baguette Express business, an initial investment of £60,000 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. Baguette Express requires a personal investment of at least £30,000. 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 assistance.
You could also have a look at Wiltshire Farm Foods. By joining its 80 franchises already in operation, you could contribute to this company's expansion. Eligible candidates may apply for financial aid.
Finally, if the Food and Beverage sector appeals to you, Wafflemeister is another option you could consider. This brand is growing, counting 24 outlets in the UK. Starting a Wafflemeister franchise will require you to invest a minimum of £150,000. At least £100,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. A small premises will also be required to operate this business. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See our website for more information.
The Food and Beverage sector currently has 23 new business investment opportunities. Plus, with close to 250 alternative franchising options available across various sectors, Point Franchise offers plenty of choice to find the right brand for you.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.