Food and Beverage Franchise opportunities to start in Willenhall
Starting a new business in Willenhall
The Walsall area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Willenhall. There are a variety of franchising opportunities available based on your budget and career goals. Have a browse to find the brand that appeals to you most.
Recent figures show that Walsall has a population of 283,000 residents. The most prevalent age group in the population is 0 to 19 years old. The 6.7% unemployment rate among the 130,000 economically active people in the area is slightly higher than the UK average. Across the UK, the annual gross salary is just over £30,500 on average. In the region of Walsall, it is £24,014.
Why the Food and Beverage sector appeals to franchisees
Across the UK, you will find 23 franchises operating in the Food and Beverage sector. The Food and Beverage sector is part of the Food industry, which also offers three Weight Loss franchises, four Waffle franchises, three Wine franchises, three Smoothie franchises and five Tea franchises. The right business to suit your career objectives and aspirations might just be among them. It may interest you to know that companies in the Walsall area currently employ 4,000 people in the Hospitality and Food Services industry.
Have a look at three franchise business examples
If working in the Food and Beverage sector appeals to you, check out Bagel Corner. By joining its 30 franchises already in operation, you could contribute to this brand's expansion. A small premises will be required to operate this business.
Take a look at Crêpeaffaire, another competitive Food and Beverage franchise. There are 24 locations open so far, and the network is expanding. This business opportunity requires a substantial initial investment of £200,000. 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. Crêpeaffaire asks for a minimum personal investment of £130,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. You could also benefit from financial assistance, if eligible.
Finally, another option to consider is Wafflemeister. This brand is growing, counting 24 outlets in the United Kingdom. Starting a Wafflemeister franchise will require you to invest a minimum of £150,000. At least £100,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business.
The Food and Beverage sector currently offers 23 investment options. Point Franchise offers a total of almost 250 franchising options across a variety of sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.