Food and Beverage Franchise opportunities to start in Hertford

What to consider when starting a business in Hertford

Hertford, located in the East of England, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the East Hertfordshire area. We offer franchise investment options in a variety of sectors. Why not check out the sector that appeals to you the most?

There are an estimated 148,000 people living in the East Hertfordshire area. The most prevalent age group in the population falls in the 40-59 age bracket. Approximately 70,700 people are economically active in the region, representing 77.1% of the population. The unemployment rate (1.9%) is very low compared to the national average (4%). Across the United Kingdom, the average gross salary is just over £30,500. In the East Hertfordshire area, it is £48,836.

The Food and Beverage sector: An interesting opportunity for franchisees

Across the UK, there are 23 franchises operating in the Food and Beverage sector. The Food and Beverage sector is part of the Food industry which offers a wide range of interesting options. These include four Waffle franchises, three Wine franchises, three Natural Food franchises, five Tea franchises and nine Healthy Food franchises. See if any catch your eye. In East Hertfordshire, 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

If the Food and Beverage sector is your area of interest, Bagel Corner is worth considering. By joining its 30 franchises already in operation, you could contribute to this company's expansion. You will need to invest in a small premises to operate this business.

Another opportunity worth considering is Wiltshire Farm Foods. By joining its current 80 franchisees, you would be joining a growing brand network. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.

Lastly, Crêpeaffaire is another interesting franchising opportunity if you plan to invest in the Food and Beverage sector. The brand is expanding, with 24 outlets currently in operation, and a desire to expand further. This business requires a substantial initial investment of £200,000. 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 Crêpeaffaire business is £130,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs alone, you may be able to benefit from financial assistance. Visit our website for more information.

If you would like to take a look at more franchising options in the Food and Beverage sector, we currently have 23 available opportunities. With almost 250 new business investment opportunities to choose from across various sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.

This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.