Food and Beverage Franchise opportunities to start in Luton
Investing in a franchise in Luton
Are you thinking about opening a franchise? Luton, in the East of England, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while managing your own business. Have a look at the brands currently recruiting in Luton. Explore our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.
According to recent census data, 214,000 people live in Luton. Residents aged 20 to 39 years old make up the majority of the population. The labour force makes up 74.1% of the population, or approximately 103,100 people. The region has an unemployment rate of 5% which is slightly higher than the UK average of 4%. With an average gross annual income of £28,196, salaries in Luton are slightly lower than the average salary of £30,629 across the United Kingdom.
Does the Food and Beverage sector appeal to you?
Are you interested in the Food and Beverage sector? If so, there are 23 available brands to choose from in the UK. In addition to the business opportunities in the Food and Beverage sector, the Food industry offers six Bakery franchises, four Waffle franchises, five Chocolate franchises, six Milkshake franchises and five Tea franchises. Take a look at the brands to find out if your perfect match is among them. Many businesses in Luton already operate in the Hospitality and Food Services industry, which employs 4,500 people. You would be joining a well-established business community.
Read about these three brands to see what franchise opportunities exist
The Food and Beverage sector offers a range of brands to choose from, including The Incredible Ice Cream Company. By joining its 50 franchises already in operation, you could contribute to this company's expansion. To start your own Incredible Ice Cream Company business, you will need an initial investment of £12,500. Given these low startup costs, this option could be suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Check out Heavenly Desserts. There are 21 locations open so far, and the network is expanding. In order to start a Heavenly Desserts business, a significant initial investment of £190,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Heavenly Desserts requires a personal investment of at least £110,000. It is thus less appropriate for new investors. This investment entitles you to training, assistance and support from Heavenly Desserts. You could also receive financial assistance, if eligible.
Finally, another option worth considering is Wiltshire Farm Foods. By joining its current 80 franchisees, you would become a part of a growing brand network. Wiltshire Farm Foods could be a good option for you, as the company provides comprehensive training and support. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid. See our website for more information.
The Food and Beverage sector currently offers 23 franchising options. Point Franchise currently has a total of almost 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.