Food and Beverage Franchise opportunities to start in Peterborough
Starting a new business in Peterborough
Discover the franchise options waiting for you in Peterborough, situated in the East of England. On this page you'll find a selection of brands recruiting franchisees in the Peterborough area. Franchising is an opportunity to manage your own business, complete with training and marketing support. With your interests and career goals in mind, have a look at our range of new business investment opportunities.
Peterborough has a population of approximately 201,000 people. The most represented age group is 20-39 years old. Peterborough has an unemployment rate of 6.2% within its labour force of 98,700 people. This rate is high compared to the UK average. Peterborough has an average annual salary of £26,549. This salary is slightly lower than the rest of the United Kingdom, which has an average income of close to £31,000.
Why open a franchise in the Food and Beverage sector?
Across the United Kingdom, there are 23 franchises in the Food and Beverage sector. Bear in mind that the potential for exciting investment opportunities in the Food industry is not limited to the Food and Beverage sector. Other available investment options include 15 Dessert franchises, three Natural Food franchises, four Waffle franchises, three Donut franchises and three Catering franchises. See if there's one to suit your business goals. In Peterborough, the Hospitality and Food Services industry already provides work for nearly 5,000 people, potentially making this path an ideal one for you, too!
Three franchises that could interest you
Baguette Express could be a great choice for you if you're interested in the Food and Beverage sector. Open since 1999, Baguette Express now has over 21 years of experience under its belt. By joining its 38 franchises already in operation, you could contribute to this company's expansion. Starting a Baguette Express franchise will require you to invest a minimum of £60,000. At least £30,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. You may be eligible for financial assistance.
The Food and Beverage sector has many brands worth considering. Check out Bagel Corner. The brand is expanding, with 30 outlets currently in operation, and a desire to expand further. You will need to invest in a small premises to operate this business.
Lastly, have a look at Crêpeaffaire, another competitive Food and Beverage franchise. This brand is growing, counting 24 locations across the country. You will need to invest £200,000 to begin running your own Crêpeaffaire business, which is a substantial initial investment. Your personal investment should account for at least £130,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible. See our website for more information.
There are 23 franchises waiting to be discovered in the Food and Beverage sector. If you're interested in exploring franchising options in other sectors, Point Franchise has close to 250 brands to choose from.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.