Food and Beverage Franchise opportunities to start in Portsmouth
Portsmouth and its prospects for new Businesses
If you want to open your own business, you may find that Portsmouth has a lot to offer. Many companies are currently looking for franchisees in the Portsmouth area. Read on to find out if running a franchise could be a good option for you! Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
The Portsmouth area has a population of 215,000 people. The majority of the population falls within the 20-39 age range. The local unemployment rate of 4.1% is comparable to the UK average of 4%. The local labour force consists of 106,700 people, making up 73.9% of the population. Residents in the area earn £25,913 per year on average. This income is slightly lower than the national average gross income, which reaches just over £30,500.
Running a franchise in the Food and Beverage sector
There are 23 brands currently recruiting franchisees in the Food and Beverage sector. If this sector appeals to you, check them out. The Food and Beverage sector is part of the Food sector, which also offers three Weight Loss franchises, three Wine franchises, three Natural Food franchises, five Juice franchises and six Milkshake franchises. The perfect business to suit your career objectives and aspirations might just be among them. If you want to operate a business in the Hospitality and Food Services industry, it could be useful to know that companies in the field currently employ 9,000 people in the Portsmouth area.
Three franchise business examples
If you are interested in running a business in the Food and Beverage sector, read about Wiltshire Farm Foods. By joining its network of 80 franchisees, you could play a part in this brand's success. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Wiltshire Farm Foods can support you with comprehensive training and assistance to help your business reach its full potential. What's more, financial support is available for eligible franchisees.
Check out The Incredible Ice Cream Company. By joining its current 50 franchisees, you would become a part of a growing brand network. Initially, you would need to invest £12,500 to get your own Incredible Ice Cream Company business up and running. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. You will also need to invest in a small premises to operate this business. By investing in this established brand, you could be eligible for financial aid.
Finally, another option to consider is Heavenly Desserts. There are 21 locations open so far, and the network is expanding. 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. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you can't afford the startup costs on your own, you could see if you qualify for financial assistance. Visit our website for more information. This brand also provides its franchisees with full training and support.
If you would like to have a look at more new business investment options in the Food and Beverage sector, we currently have 23 available opportunities. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across many different sectors. Enjoy exploring your options.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.