Food and Beverage Franchise opportunities to start in Hoddesdon
Thinking about living and working in Hoddesdon?
Would you like to run your own business? Hoddesdon, located in the East of England, could be a good place to start. There are many businesses currently recruiting franchisees in the Broxbourne area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. Why not have a browse through our range of franchising options? There are opportunities to suit various needs and business goals.
The Broxbourne region has 97,000 residents. Residents aged 40 to 59 years old are the most represented within the population. Approximately 50,400 people are economically active in the area, representing 79.5% of the population. The unemployment rate 5.2% is high compared to the UK average 4%. Residents in the area earn £34,070 per year on average. This income is higher than the national average gross salary, which reaches just over £30,500.
The Food and Beverage sector could be the right choice for you
If you want to run your own business in the Food and Beverage sector, the good news is that there are 23 franchises currently recruiting new franchisees across the country. The Food and Beverage sector is just one sector among many in the Food sector. Its five Chocolate franchises, three Catering franchises, three Donut franchises, six Milkshake franchises and nine Healthy Food franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting investment opportunity.
Eager to know more? Here are three franchise business examples
If you plan to invest in a Food and Beverage business, you could consider The Incredible Ice Cream Company. There are 50 outlets open so far, and the network is expanding. To open your own Incredible Ice Cream Company business, you will need an initial investment of £12,500. These relatively low startup costs make it a good option to pursue for first-time franchisees. A small premises will also be required to operate this business. If you can't afford the startup costs on your own, you could see if you qualify for financial assistance.
Check out Wiltshire Farm Foods. By joining its network of 80 franchisees, you could play a part in this brand's success. Training and assistance provided by Wiltshire Farm Foods will help you lead your business in the right direction. And, if eligible, you might be able to benefit from financial aid.
Finally, Heavenly Desserts is another attractive brand operating in the Food and Beverage sector. This business requires a significant initial investment of £190,000. If you plan on getting 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 Heavenly Desserts business is £110,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Investing in Heavenly Desserts entitles you to all the guidance, training and support you need to run your business effectively. And if you can't afford the startup costs on your own, you may be eligible for financial aid. See our website for details.
There are currently 23 new business investment opportunities available in the Food and Beverage sector. If you're curious about investment options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.