Food and Beverage Franchise opportunities to start in Swindon
Is Swindon a good place to become a franchisee?
The Cheltenham area offers many interesting business opportunities. If you like the idea of opening your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Swindon. If you already know which line of work you'd like to pursue, look into our franchise options in that sector. If not, look around and see what other options catch your eye. We have brands to suit many different interests and career goals.
There are an estimated 117,000 people in the Cheltenham area. The population's most prevalent age group is made up of 20-39 year olds. Unemployment affects 4% of the UK population. With a rate of 3.8%, unemployment in this area is in line with the national average. The economically active population amounts to 64,100 people, representing 87.6% of the population. The area's average gross annual income of £36,162 is significantly higher than the average income of just over £30,500 across the UK.
The Food and Beverage sector and its investment opportunities
If the idea of running a business in the Food and Beverage sector appeals to you, take a look at the 23 brands currently recruiting franchisees in the field. The Food and Beverage sector is part of the Food industry which offers a wide range of interesting options. These include three Natural Food franchises, four Waffle franchises, five Chocolate franchises, three Wine franchises and three Smoothie franchises. See if any catch your eye. Hospitality and Food Services is a well-established industry, providing work for 6,000 people in Cheltenham alone.
Three franchise business examples
If you're planning to invest in the Food and Beverage sector, check out Bagel Corner. There are 30 locations open so far, and the network is expanding. You will need to invest in a small premises to operate this business.
Have a look at Baguette Express. First established in 1999, Baguette Express has gained valuable experience in the sector 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 open your own Baguette Express business. At least £30,000 of this should come from your own personal investment. It is thus less appropriate for new investors. Financial assistance can be provided in some circumstances.
Lastly, Heavenly Desserts is another interesting option. By joining its 21 franchises already in operation, you could contribute to this company's expansion. This business opportunity requires a significant initial investment of £190,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Heavenly Desserts requires a minimum personal investment of £110,000. It is thus less appropriate for new investors. You could also receive financial aid, if eligible. See our website for more information.
If you would like to take a look at more franchising options in the Food and Beverage sector, we currently have 23 available opportunities. At Point Franchise, we have almost 250 new business investment opportunities available, giving you plenty to choose from in other sectors as well.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.