Food and Beverage Franchise opportunities to start in Cheltenham
Cheltenham is waiting for you to begin a franchise business
Located in South West England, Cheltenham 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 opportunities in Cheltenham and take the first step towards running your own business. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and business goals.
There are 117,000 people living in the Cheltenham region. The 20-39 age range has the highest concentration within the population. In terms of employment, the area has a labour force of 64,100 people (87.6%), of which the unemployment rate is 3.8%. This figure is in line with the average unemployment rate across the UK. The average gross income in the United Kingdom is £30,629. Residents of Cheltenham earn £36,162 a year on average.
What the Food and Beverage sector could offer you
There are 23 UK-based franchises available in the Food and Beverage sector. In fact, we have a wide selection of options in the Food industry including the franchises in the Food and Beverage sector. You can pick from three Smoothie franchises, eight Ice Cream franchises, six Milkshake franchises, three Catering franchises and four Waffle franchises today. Moreover, the number of people currently employed in a specific industry gives an idea of how dynamic it is. In the Cheltenham area, 6,000 people work for Hospitality and Food Services companies.
Three examples of available franchise business options
If the Food and Beverage sector is your area of interest, Heavenly Desserts is worth considering. By joining its 21 franchises already in operation, you could contribute to this company's expansion. Opening a Heavenly Desserts business requires a substantial initial investment of £190,000. At least £110,000 should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Baguette Express is another successful brand that has been operating in the Food and Beverage sector since 1999. The brand has gained valuable experience and expertise over the past 21 years. By joining its network of 38 franchisees, you could contribute to this brand's success. In order to start a Baguette Express business, an initial investment of £60,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Baguette Express asks for a personal investment of at least £30,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. By investing in this franchise, you may be eligible for financial support.
Lastly, Wafflemeister could be another good option for you to invest in. By joining its current 24 franchisees, you would be joining a growing brand network. A total of £150,000, a substantial initial investment, is required to open a Wafflemeister franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £100,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. You may qualify for financial aid. See eligibility details on our website.
The Food and Beverage sector offers 23 franchising opportunities. You will find a total of almost 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.