Food and Beverage Franchise opportunities to start in Hitchin
Hitchin is waiting for you to start a franchise business
Located in the East of England, Hitchin is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising possibilities in North Hertfordshire and take the first step towards running your own business. If you already know which line of work you'd like to pursue, explore our franchise options in that sector. If not, look around and see what other options catch your eye. We have businesses to suit all kinds of interests and career objectives.
There are an estimated 133,000 people in the North Hertfordshire area. The most prevalent age range in the population is 40 to 59 years old. The community has a 3.7% unemployment rate, which is in line with the UK average of 4%. There are 68,400 economically active people in the region, representing 83.9% of the total population. The gross annual income in North Hertfordshire amounts to £35,383, which is higher than the national average of close to £31,000.
Running a Food and Beverage franchise business
If the idea of running a business in the Food and Beverage sector appeals to you, have a look at the 23 brands currently recruiting franchisees in the sector. Could an opening business in the Food and Beverage sector, or in the Food sector more widely, help you reach your career goals and aspirations? Take a look at the three Natural Food franchises, 11 Sweets franchises, six Milkshake franchises, three Weight Loss franchises and 15 Dessert franchises recruiting at this time. Opening a business is not a simple feat, but becoming a franchisee makes managing your own business much more feasible. The North Hertfordshire area offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 4,000 people. So, what is stopping you from opening your own business in North Hertfordshire today?
Want to know more? Read about these three brands
If you're interested in the Food and Beverage sector, have a look at Crêpeaffaire. There are 24 locations open so far, and the network is expanding. To start your business, you will need an initial investment of £200,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Crêpeaffaire, the minimum personal investment is £130,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. When investing in this franchise, you could qualify for financial aid.
Wiltshire Farm Foods is another interesting brand operating in the Food and Beverage sector. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
As a final example, take a look at Wafflemeister. By joining its network of 24 franchisees, you could play a part in this brand's success. This business requires a substantial initial investment of £150,000. If you intend to get 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 start a Wafflemeister business is £100,000. It is thus less appropriate for new investors. You will also need to invest in a small premises 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 have a look at more new business investment options in the Food and Beverage sector, we currently have 23 available opportunities. You will find a total of close to 250 franchise opportunities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.