Food and Beverage Franchise opportunities to start in Northampton
What to know before starting a business in Northampton
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our selection of brands in Northampton, located in the Northampton area in the East Midlands, where many companies are currently recruiting. Browsing our range of brands and sectors will allow you to pinpoint the type of business that is right for you.
There are an estimated 225,000 people living in the Northampton area. The population's most prevalent age group is made up of 20-39 year olds. The community has a 5.1% unemployment rate, which is slightly higher than the UK average of 4%. There are 120,300 economically active people in the area, representing 83.0% of the total population. Northampton has an average annual income of £29,501. This salary is in line with the rest of the United Kingdom, which has an average salary of close to £31,000.
Have you considered the Food and Beverage sector?
Are you interested in the Food and Beverage sector? If so, there are 23 available franchises to choose from in the United Kingdom. Could an opening business in the Food and Beverage sector, or in the Food industry more widely, help you reach your career goals and aspirations? Check out the three Natural Food franchises, six Milkshake franchises, 14 Drinks franchises, three Smoothie franchises and three Wine franchises recruiting at this time. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Northampton area, 7,000 people are employed by Hospitality and Food Services companies.
Three franchises that could interest you
The Food and Beverage sector has many franchise options available, such as Heavenly Desserts. There are 21 outlets open so far, and the network is expanding. To start your business, you will need an initial investment of £190,000. 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 usually be required. For Heavenly Desserts, the minimum personal investment is £110,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. When investing in this franchise, you can benefit from the assistance and support of an established brand and you could even qualify for financial assistance.
Take a look at The Incredible Ice Cream Company. This brand is developing, counting 50 locations across the United Kingdom. Opening an Incredible Ice Cream Company business requires an initial investment of £12,500. These low startup costs make this a good franchising option for first-time franchisees. A small premises will also be required to operate this business. You may be eligible for financial aid.
Wiltshire Farm Foods is a third interesting franchise option in the Food and Beverage sector. By joining its current 80 franchisees, you would become a part of a growing brand network. The training and assistance provided by Wiltshire Farm Foods give you the tools to run your own business efficiently. Financial aid can also be provided in some circumstances. Visit our website for more information.
The Food and Beverage sector offers 23 franchising opportunities. Point Franchise has almost 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.