Food and Beverage Franchise opportunities to start in Colchester
What can Colchester offer to new businesses?
If you want to start a business in Colchester, working for yourself but not on your own, then check out our franchising options in the East of England. On this page, you will find a range of brands to choose from for becoming a franchisee in the Colchester area and across the United Kingdom. There are a number of franchising opportunities available depending on your budget and career objectives. Have a look to find the brand that appeals to you most.
There are 193,000 people living in the Colchester area. The population's most prevalent age group is made up of 20-39 year olds. The labour force makes up 75.6% of the population, or approximately 93,800 people. The region has an unemployment rate of 3.6% which is lower than the UK average of 4%. The annual salary in the United Kingdom is close to £31,000 on average. The people of Colchester earn an average annual salary of £33,390, higher than the country's average.
Running a franchise in the Food and Beverage sector
There are 23 UK-based franchises available in the Food and Beverage sector. The Food and Beverage sector is just one example of the options available in the Food industry. Other options include three Donut franchises, seven Vegan franchises, 14 Drinks franchises, three Smoothie franchises and 11 Sweets franchises. Have a browse, the perfect investment opportunity for you could be a few clicks away. Many companies in Colchester already operate in the Hospitality and Food Services industry, which employs 6,000 people. You would become a part of a well-established business community.
Three franchise business examples worth looking at
If you're interested in the Food and Beverage sector, have a look at The Incredible Ice Cream Company. The brand is developing, with 50 outlets currently in operation, and a desire to expand further. You will need an initial investment of £12,500 to open your own Incredible Ice Cream Company business. These low startup costs make this a good franchising option for first-time franchisees. You will also need to invest in a small premises to operate this business. By investing in this established brand, you could qualify for financial aid.
Wiltshire Farm Foods is an interesting franchising opportunity in the Food and Beverage sector. This brand is growing, counting 80 locations in the United Kingdom. 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 assistance.
Finally, another brand worth considering is Heavenly Desserts. By joining its current 21 franchisees, you would be joining a growing brand network. To start your own Heavenly Desserts franchise, you will need to invest £190,000, of which at least £110,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. Investing in Heavenly Desserts entitles you to all the guidance, training and support you need to run your business successfully. 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 23 franchises waiting to be discovered in the Food and Beverage sector. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a variety of sectors to help you find your perfect business opportunity.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.