Food and Beverage Franchise opportunities to start in Leicester
What to know before starting a business in Leicester
Have you ever considered opening a franchise in Leicester? This could be your opportunity to run your own business while benefiting from comprehensive training and marketing support, since many brands in the Leicester area are currently recruiting franchisees. Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
Recent figures show that 355,000 people live in Leicester. Residents aged 20 to 39 years old have the highest concentration in the population. The local unemployment rate of 5% among 177,000 economically active people, or 74.8% of the population, is slightly higher than the average in the UK. For the Leicester area, the average income is £23,290, which is lower than the national average salary of close to £31,000.
Why the Food and Beverage sector might be a good option for you
Across the United Kingdom, there are 23 franchises in the Food and Beverage sector. In addition to the business opportunities in the Food and Beverage sector, the Food industry offers five Juice franchises, three Smoothie franchises, 11 Sweets franchises, three Wine franchises and seven Vegan franchises. Check out the brands to find out if your perfect match is among them. In the Leicester area, the Hospitality and Food Services industry provides employment for 9,000 people.
Take a look at these three business examples
If the Food and Beverage sector is your area of interest, Wiltshire Farm Foods is worth considering. By joining its 80 franchises already in operation, you could contribute to this company's expansion. By investing in this established brand, you could be eligible for financial aid.
Another option to consider is Crêpeaffaire. By joining its current 24 franchisees, you would become a part of a growing brand network. Starting a Crêpeaffaire franchise will require you to invest a minimum of £200,000. At least £130,000 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you could see if you qualify for financial assistance.
Lastly, another opportunity worth considering is Wafflemeister. There are 24 outlets open so far, and the network is expanding. You will need to invest £150,000 to start operating your own Wafflemeister business, which is a substantial initial investment. Your personal investment should account for at least £100,000 of the total amount. It is thus less appropriate for new investors. You will also need to invest in a small premises to operate this business. An investment in this franchise entitles you to financial aid, if eligible. See our website for more information.
The Food and Beverage sector offers many interesting investment opportunities, including our 23 franchise options. At Point Franchise, we are proud to offer almost 250 franchise options across many sectors, helping you find the perfect business opportunities for you.
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