Food and Beverage Franchise opportunities to start in Walsall
Investing in Walsall could be your next move
Located in the West Midlands, Walsall is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising possibilities in Walsall and take the first step towards running your own business. Exploring our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
According to recent census data, 283,000 people live in Walsall. Residents aged 0 to 19 years old make up the majority of the population. Approximately 130,000 people are economically active in the region, representing 75.7% of the population. The unemployment rate (6.7%) is high compared to the UK average (4%). The average gross income in the UK is just over £30,500. Residents of Walsall earn £24,014 a year on average.
What the Food and Beverage sector could offer you
There are 23 brands offering franchise options in the Food and Beverage sector. This is just one of the sectors you could choose within the Food industry. There are also 11 Sweets franchises, three Catering franchises, nine Healthy Food franchises, three Weight Loss franchises and six Milkshake franchises. Have a look and see if any are a good fit for you. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Walsall area, 4,000 people are employed by Hospitality and Food Services businesses.
Take a look at these three business examples
Crêpeaffaire is an interesting business operating in the Food and Beverage sector. Opening 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.
Have a look at Wafflemeister. There are 24 locations open so far, and the network is expanding. This business opportunity requires a substantial initial investment of £150,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Wafflemeister asks for a minimum personal investment of £100,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
Lastly, another option worth considering is Baguette Express, a brand that opened in 1999. Baguette Express has acquired valuable experience in the sector in its 21 years since first opening. By joining its current 38 franchisees, you would become a part of a growing brand network. To start your business, you will need an initial investment of £60,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Baguette Express, the minimum personal investment is £30,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. If you can't afford the startup costs on your own, you may qualify for financial aid. See our website for more information.
The Food and Beverage sector offers 23 franchising opportunities. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.