Food and Beverage Franchise opportunities to start in Grantham
Starting a franchise business in Grantham
Located in the East Midlands, Grantham is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising options in South Kesteven and take the first step towards running your own business. To begin, look for the line of work that appeals to you the most. This is a quick way to find the brand best suited to you.
According to recent census data, there are 142,000 people in South Kesteven. The population's most prevalent age group is made up of 60+ year olds. South Kesteven has an unemployment rate of 2.1% within its labour force of 67,600 people. This rate is very low compared to the national average. Across the UK, the average gross salary is close to £31,000. In the South Kesteven area, it amounts to £28,063.
Have you considered the Food and Beverage sector?
In the UK, you will find 23 franchises recruiting in the Food and Beverage sector. In addition to the business opportunities in the Food and Beverage sector, the Food industry offers eight Ice Cream franchises, six Bakery franchises, seven Vegan franchises, 15 Dessert franchises and five Juice franchises. Check out the brands to find out if your perfect match is among them. If you would like to operate a business in the Hospitality and Food Services industry, it could be useful to know that companies in the industry currently employ 4,500 people in the South Kesteven area.
Three franchises that could interest you
Heavenly Desserts is a competitive franchise operating in the Food and Beverage sector. This brand is developing, counting 21 outlets across the UK. This business requires a significant initial investment of £190,000. If you plan on getting 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 open 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 you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
You could also have a look at Baguette Express, which has been operating since 1999. Baguette Express has gained valuable experience in the field in its 21 years since first opening. By joining its current 38 franchisees, you would be joining a growing brand network. You will need to invest £60,000 to start your own Baguette Express business. At least £30,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. You may qualify for financial aid.
As a final Food and Beverage franchise option, check out Wiltshire Farm Foods. The brand is expanding, with 80 locations already in operation, and a desire to expand further. If you can't afford the startup costs on your own, you could see if you qualify for financial aid. Visit our website for more information.
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. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across many different sectors. Enjoy exploring your options.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.