Food and Beverage Franchise opportunities to start in Tonbridge
What to know before opening a franchise in Tonbridge
If you want to start a business in Tonbridge, working for yourself but not on your own, then check out our franchising opportunities in the South East of England. On this page, you will find a variety of brands to choose from for becoming a franchisee in the Tonbridge and Malling area and across the United Kingdom. We offer franchise investment options in many different sectors. Why not look into the sector that appeals to you the most?
There are approximately 131,000 people currently living in Tonbridge and Malling. Residents aged 40 to 59 years old make up the prevalent age range within the population. The 4% unemployment rate among the 70,200 economically active people in the area is in line with the UK average. Tonbridge and Malling has an average annual income of £40,764. This salary is significantly higher than the rest of the UK, which has an average salary of just over £30,500.
Could the Food and Beverage sector be the right choice for you?
There are 23 franchises in the Food and Beverage sector to choose from. This is just one of the sectors you could choose within the Food industry. There are also 11 Sweets franchises, six Milkshake franchises, eight Ice Cream franchises, three Smoothie franchises and six Bakery franchises. Have a browse and see if any are a good fit for you. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Tonbridge and Malling area, 3,000 people work for Hospitality and Food Services businesses.
Check out three available franchise opportunities
If you plan to invest in the Food and Beverage sector, Wafflemeister could be a good option. There are 24 locations open so far, and the network is expanding. This business requires a substantial initial investment of £150,000. 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 Wafflemeister business is £100,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A small premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible.
Another option worth considering is Wiltshire Farm Foods. By joining its current 80 franchisees, you would be joining a growing brand network. Financial assistance can be provided in some circumstances.
Lastly, another option to consider is Baguette Express, a brand that was first established in 1999. Baguette Express now has over 21 years of experience under its belt. This brand is growing, counting 38 outlets in the UK. You will need an initial investment of £60,000 to open your own Baguette Express business. Your personal investment should account for at least £30,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Due to the higher startup costs, this option is not advisable for first-time franchisees. By investing in this established brand, you could be eligible for financial aid. See eligibility details on our website.
We offer a total of 23 businesses in the Food and Beverage sector. If you're interested, see if the perfect investment opportunity for you is among them. If this sector doesn't suit your needs, don't worry. Point Franchise offers almost 250 franchise options across a variety of sectors to help you find your perfect business opportunity.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.