Food and Beverage Franchise opportunities to start in High Wycombe
Investing in a franchise in High Wycombe
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. High Wycombe, situated in the South East of England, could be a good place to start as there are many brands currently recruiting franchisees in the Wycombe area. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and business objectives.
There are an estimated 175,000 people living in the Wycombe area. The majority of residents are aged 40 to 59 years old. Approximately 92,000 people are economically active in the community, representing 85.3% of the population. The unemployment rate 5.1% is high compared to the national average 4%. With an average gross annual income of £39,657, salaries in Wycombe are significantly higher than the average income of £30,629 across the UK.
Why start a business in the Food and Beverage sector?
There are 23 UK-based franchises available in the Food and Beverage sector. 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? Take a look at the 11 Sweets franchises, three Wine franchises, three Catering franchises, seven Vegan franchises and three Donut franchises recruiting at this time. If you want to work in the Hospitality and Food Services industry, you may be interested to know that, in the Wycombe area, 5,000 people currently work in the industry.
Want to know more? Read about these three brands
If you're interested in the Food and Beverage sector, have a look at Wiltshire Farm Foods. By joining its network of 80 franchisees, you could play a part in this brand's success. If you can't cover the startup costs on your own, you could find out if you qualify for financial aid. This brand also provides its franchisees with full training and support.
Another possibility to consider is The Incredible Ice Cream Company. The brand is developing, with 50 outlets currently in operation, and a desire to expand further. 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. You will also need to invest in a small premises to operate this business. You could also receive financial assistance, if eligible.
Finally, Heavenly Desserts is another successful business operating in the Food and Beverage sector. By joining its 21 franchises already in operation, you could contribute to this brand's expansion. This business requires a substantial initial investment of £190,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Heavenly Desserts business is £110,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. The training and assistance provided by Heavenly Desserts give you the tools to manage your own business successfully. Financial aid can also be given in some circumstances. See eligibility details on our website.
If you would like to check out more new business investment options in the Food and Beverage sector, we currently have 23 available opportunities. With 238 franchising opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.