Food and Beverage Franchise opportunities to start in West Bridgford
Investing in West Bridgford could be your next move
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. West Bridgford, situated in the East Midlands, could be a good place to start as there are many brands currently recruiting franchisees in the Rushcliffe area. We offer franchise investment opportunities in a variety of sectors. Why not check out the sector that appeals to you the most?
An estimated 118,000 people currently live in Rushcliffe. The 40-59 age group makes up the majority of the population. Rushcliffe has an unemployment rate of 2.6% within its labour force of 57,700 people. This rate is very low compared to the UK average. Rushcliffe has an average annual income of £37,873. This salary is significantly higher than the rest of the United Kingdom, which has an average salary of just over £30,500.
Why open a business in the Food and Beverage sector?
Are you interested in the Food and Beverage sector? You're likely to come across a franchise worth considering among 23 brands across the United Kingdom. You will find many business opportunities in the Food industry, including those in the Food and Beverage sector. Other possibilities include five Tea franchises, three Donut franchises, six Bakery franchises, three Wine franchises and seven Vegan franchises. The perfect business to suit your career goals and aspirations might just be among them. If you're interested in the Hospitality and Food Services industry, you may want to consider how many people already work in the sector. In Rushcliffe, Hospitality and Food Services companies currently employ 3,000 people.
Three examples of available franchise business possibilities
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 expanded its franchise community for 21 years. There are 38 locations open so far, and the network is expanding. You will need an initial investment of £60,000 to start your own Baguette Express business. Your personal investment should account for at least £30,000 of the total amount. You may want to think about getting a loan to start a business in this sector. It is thus less appropriate for new investors. By investing in this established brand, you could be eligible for financial assistance.
Wafflemeister is another interesting investment opportunity if you plan to invest in the Food and Beverage sector. This brand is developing, counting 24 outlets across the country. Opening a Wafflemeister business requires a significant initial investment of £150,000. If you intend to get a loan to cover the startup costs, Wafflemeister asks for a personal investment of at least £100,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. A small premises will also be required to operate this business. You could also receive financial aid, if eligible.
Finally, another option to consider is Heavenly Desserts. By joining its 21 franchises already in operation, you could contribute to this brand's expansion. You will need to invest £190,000 to start operating your own Heavenly Desserts business, which is a substantial initial investment. Your personal investment should account for at least £110,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for more information.
Opening a franchise in the Food and Beverage sector has great potential. If you're interested, explore our 23 available opportunities. On Point Franchise, there is plenty of choice in other sectors as well. We have close to 250 new business investment opportunities in total to choose from.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.