Food and Beverage Franchise opportunities to start in Rugby

What to know before starting a franchise in Rugby

If you want to open your own business, you may find that Rugby has a lot to offer. Several brands are currently recruiting franchisees in the Rugby area. Read on to see if running a franchise could be a good option for you! Starting a business should be exciting! Explore our selection of franchising opportunities, focusing on the sectors that you feel most passionate about.

Approximately 107,000 people currently live in Rugby. The majority of the population falls within the 40-59 age category. Unemployment affects 4% of the UK population. With a rate of 3.9%, unemployment in this area is in line with the national average. The economically active population amounts to 57,200 people, representing 86.7% of the population. Rugby has an average annual income of £30,280, which is in line with the national average salary of £30,629.

Why choose to open a franchise in the Food and Beverage sector?

There are 23 brands offering franchise options in the Food and Beverage sector. The Food and Beverage sector is just one sector among many in the Food sector. Its five Chocolate franchises, 14 Drinks franchises, eight Ice Cream franchises, nine Healthy Food franchises and three Smoothie franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting investment opportunity. Interesting fact: companies in Hospitality and Food Services employ 3,500 people in the Rugby area. This could be your opportunity to open a successful business of your own!

Check out these three business examples

The Food and Beverage sector offers a range of brands to choose from, including Crêpeaffaire. By joining its network of 24 franchisees, you could contribute to this brand's success. You will need an initial investment of £200,000 to open your own Crêpeaffaire business. Your personal investment should account for at least £130,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large 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.

The Food and Beverage sector has many brands worth considering. Take a look at Bagel Corner. By joining its 30 franchises already in operation, you could contribute to this company's expansion. A small premises will be required to operate this business.

Lastly, another possibility to consider is Wafflemeister. There are 24 outlets open so far, and the network is expanding. To start your business, you will need an initial investment of £150,000. If you intend to get 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 Wafflemeister, the minimum personal investment is £100,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. If you can't cover the startup costs on your own, you may qualify for financial assistance. See eligibility details on our website.

There are currently 23 new business investment opportunities available in the Food and Beverage sector. If this sector doesn't suit your needs, don't worry. Point Franchise offers 236 franchise options across a variety of sectors to help you find your perfect investment opportunity.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.