Food and Beverage Franchise opportunities to start in Guildford
Guildford and its prospects for new Businesses
The Cornwall area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Guildford. Why not have a look through our selection of franchising options? There are opportunities to suit many needs and business goals.
There are 566,000 people in the Cornwall region. When broken down by age group, the 60+ age range is the most prevalent in the population. The community has a 3.3% unemployment rate, which is lower than the national average of 4%. There are 261,600 economically active people in the area, representing 80.0% of the total population. The UK's annual average income is close to £31,000. Salaries in Cornwall are lower in comparison, averaging £23,266 a year.
The Food and Beverage sector: An interesting opportunity for franchisees
Are you interested in the Food and Beverage sector? You're likely to find a franchise worth considering among 23 brands in the United Kingdom. The Food and Beverage sector is just one example of the options available in the Food industry. Other opportunities include five Chocolate franchises, three Catering franchises, five Juice franchises, three Natural Food franchises and seven Vegan franchises. Have a browse, the perfect investment opportunity for you could be a few clicks away. Interesting fact: companies in Hospitality and Food Services employ 34,000 people in the Cornwall area. This could be your opportunity to open a successful business of your own!
Three franchise business examples worth looking at
Initially established in 1999, Baguette Express operates in the Food and Beverage sector. The brand is now mature and a leader within the sector, having developed its franchise community for 21 years. This brand is growing, counting 38 locations in the United Kingdom. You will need an initial investment of £60,000 to start your own Baguette Express business. Your personal investment should account for at least £30,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Due to the higher startup costs, this option is not advisable for first-time franchisees. Eligible candidates may apply for financial aid.
Another option worth considering is Heavenly Desserts. By joining its current 21 franchisees, you would become a part of a growing brand network. You will need to invest £190,000 to start your own Heavenly Desserts business. At least £110,000 of this significant amount should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. If you can't afford the startup costs on your own, you could see if you qualify for financial assistance.
Finally, another possibility to consider is Wafflemeister. There are 24 outlets open so far, and the network is expanding. You will need to invest £150,000 to begin operating your own Wafflemeister business, which is a significant initial investment. Your personal investment should account for at least £100,000 of the total amount. It is thus less appropriate for new investors. A small premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support. Visit our website for details.
If you would like to learn more about franchise opportunities in the Food and Beverage sector, have a browse through our 23 available options. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a variety of sectors to help you find your perfect business opportunity.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.