Food and Beverage Franchise opportunities to start in Lincoln
Lincoln: A great location to start a business
Many brands are currently looking for franchisees in Lincoln, located in the East Midlands. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing assistance. Keep reading to explore the options in the Lincoln area. If you already know which line of work you'd like to pursue, explore our franchise options in that sector. If not, look around and see what other options catch your eye. We have brands to suit all kinds of interests and career objectives.
There are 99,000 people living in the Lincoln area. The 20-39 age range makes up the majority of the population. The 6.1% unemployment rate among the 50,600 economically active people in the area is slightly higher than the national average. Lincoln has an average annual income of £24,278, which is lower than the national average salary of £30,629.
Running a Food and Beverage franchise business
Are you interested in the Food and Beverage sector? You're likely to come across a franchise worth considering among 23 brands in the United Kingdom. Bear in mind that the potential for exciting business ventures in the Food industry is not limited to the Food and Beverage sector. Other available investment opportunities include eight Ice Cream franchises, seven Vegan franchises, nine Healthy Food franchises, 14 Drinks franchises and three Natural Food franchises. See if there's one to suit your career goals. Many companies in Lincoln already work in the Hospitality and Food Services industry, which employs 5,000 people. You would become a part of a well-established business community.
Here are three examples of franchise businesses
Wafflemeister is a competitive franchise operating in the Food and Beverage sector. This brand is growing, counting 24 outlets across the UK. You will need to invest £150,000 to start operating your own Wafflemeister business, which is a significant initial investment. Your personal investment should account for at least £100,000 of the total amount. Given these higher startup costs, this is 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 can't cover the startup costs on your own, you may be eligible for financial aid.
Bagel Corner could be another good option for you to invest in. The brand is developing, with 30 locations already in operation, and a desire to expand further.
Finally, check out Wiltshire Farm Foods, another interesting Food and Beverage franchise. By joining its current 80 franchisees, you would be joining a growing brand network. By investing in this franchise, you may be eligible for financial support. See our website for more information.
If you are interested in the Food and Beverage sector and would like to discover more franchising options, have a look at the 23 brands available in this sector. If you're interested in exploring franchising options in other sectors, Point Franchise has almost 250 brands to choose from.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.