Food and Beverage Franchise opportunities to start in Nottingham
Nottingham is an attractive town to invest in
If you want to open your own business, you may find that Nottingham has a lot to offer. Many companies are currently recruiting franchisees in the Nottingham area. Read on to see if running a franchise could be a good option for you! We offer a range of realistic new business investment possibilities, so that you can find one you like.
According to recent census data, 331,000 people live in Nottingham. The 20-39 age group has the highest concentration within the population. The local labour force includes 155,900 people, or 69.5% of the total population. With an unemployment rate of 8%, recent data shows that employment in this area is slightly higher than in the rest of the UK. Nottingham has an average annual salary of £24,333, which is lower than the national average income of close to £31,000.
Why choose to open a business in the Food and Beverage sector?
There are 23 UK-based franchises available in the Food and Beverage sector. You will find many business opportunities in the Food industry, including those in the Food and Beverage sector. Other possibilities include three Natural Food franchises, six Milkshake franchises, five Tea franchises, eight Ice Cream franchises and three Smoothie franchises. There might be one worth considering among them.
Want to know more? Read about these three brands
If the Food and Beverage sector is your area of interest, Baguette Express is worth considering. Initially established in 1999, Baguette Express has proved itself to be a successful business and leader in the field in its 21 years since opening. The brand is expanding, with 38 location currently in operation, and a desire to expand further. A total of £60,000 is required to start a Baguette Express franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £30,000 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. If eligible, you might be able to benefit from financial aid.
Another option worth considering is Heavenly Desserts. There are 21 outlet open so far, and the network is expanding. Opening a Heavenly Desserts business requires a substantial initial investment of £190,000. At least £110,000 should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Financial support is available for eligible franchisees.
Finally, Wafflemeister is another interesting option. By joining its 24 franchise already in operation, you could contribute to this brand's expansion. 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. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business.
If you want to work in the Food and Beverage sector, the perfect business opportunity could be waiting for you among our 23 available franchises in the sector. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.