Food and Beverage Franchise opportunities to start in Banbury
What can Banbury offer to new businesses?
If you'd like to open your own business but don't know where to start, a franchise might just be the answer. Banbury, situated in South East England, could be a good place to start as there are many businesses currently recruiting franchisees in the Cherwell area. We offer a number of franchises to suit different budgets and career goals. Take a look at our range of brands and sectors to see what might suit you.
An estimated 149,000 people currently live in Cherwell. The most prevalent age group in the population is 40 to 59 years old. The UK's annual average salary is close to £31,000. Salaries in Cherwell are slightly higher in comparison, averaging £32,464 a year.
Running a franchise in the Food and Beverage sector
There are 23 franchises in the Food and Beverage sector to choose from. The Food and Beverage sector is part of the Food sector which offers a wide selection of interesting options. These include three Weight Loss franchises, 11 Sweets franchises, 15 Dessert franchises, eight Ice Cream franchises and four Waffle franchises. See if any catch your eye. Interesting fact: companies in Hospitality and Food Services employ 6,000 people in the Cherwell area. This could be your opportunity to start a successful business of your own!
Three franchise business examples worth looking at
If the Food and Beverage sector is your area of interest, Wiltshire Farm Foods is worth considering. By joining its current 80 franchisees, you would become a part of a growing brand network. An investment in this franchise entitles you to expert training and support as well as financial aid, if eligible.
Another option to consider is Heavenly Desserts. By joining its network of 21 franchisees, you could contribute to this brand's success. Opening a Heavenly Desserts franchise will require you to invest a minimum of £190,000. At least £110,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. If you decide to invest in this franchise, you will be offered comprehensive training and support, giving your business the best possible chance to thrive. Financial assistance is also available, providing you meet the eligibility criteria.
Finally, have a look at The Incredible Ice Cream Company, another competitive Food and Beverage franchise. There are 50 outlets open so far, and the network is expanding. You will need an initial investment of £12,500 to start your own Incredible Ice Cream Company business. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. A small premises will also be required to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid. See eligibility details on our website.
The Food and Beverage sector offers many interesting franchising opportunities, including our 23 franchise options. On Point Franchise, there is plenty of choice in other sectors too. We have 238 new business investment opportunities in total to choose from.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.