Food and Beverage Franchise opportunities to start in Scarborough
Scarborough: A great location to start a business
If you want to start a business in Scarborough, working for yourself but not on your own, then check out our franchising options in Yorkshire and the Humber. On this page, you will find a variety of brands to choose from for becoming a franchisee in the Scarborough area and across the United Kingdom. We offer franchise investment opportunities in a variety of sectors. Why not check out the sector that appeals to you the most?
The Scarborough area has a population of 109,000 people. Residents aged over 60 years old have the highest concentration in the population. The local unemployment rate of 2.6% is very low compared to the UK average of 4%. The local labour force consists of 49,600 people, representing 82.1% of the population. Salaries in Scarborough average £22,858 a year, while in the UK the average salary is close to £31,000.
Why open a franchise in the Food and Beverage sector?
The Food and Beverage sector currently offers 23 franchise opportunities. If this sector appeals to you, take a look at our options. In fact, we have a wide selection of options in the Food industry including the franchises in the Food and Beverage sector. You can pick from five Chocolate franchises, four Waffle franchises, three Catering franchises, five Juice franchises and eight Ice Cream franchises today. If you are considering joining the Hospitality and Food Services industry, you may be interested to know that 8,000 people have already made the decision to work in this industry in the Scarborough area.
Three examples of available franchise business possibilities
If you would like to invest in a Food and Beverage business, you could consider Baguette Express. First established in 1999, the company is now mature and a leader within the sector, having grown its franchise network for 21 years. By joining its network of 38 franchisees, you could contribute to this brand's success. To start your business, you will need an initial investment of £60,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Baguette Express, the minimum personal investment is £30,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You could also receive financial assistance, if eligible.
Another brand worth considering is Heavenly Desserts. By joining its current 21 franchisees, you would be joining a growing brand network. You will need an initial investment of £190,000 to open your own Heavenly Desserts business. Your personal investment should account for at least £110,000 of the total amount. You may want to think about getting a loan to open a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you can't cover the startup costs on your own, you may qualify for financial aid.
Finally, Wafflemeister is an interesting franchising opportunity in the Food and Beverage sector. By joining its 24 franchises already in operation, you could contribute to this company's expansion. Opening a Wafflemeister business requires a substantial initial investment of £150,000. If you plan on getting a loan to cover the startup costs, Wafflemeister asks for a personal investment of at least £100,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. You will also need to invest in a small premises to operate this business. By investing in this established brand, you could be eligible for financial aid. See our website for details.
There are currently 23 franchising opportunities available in the Food and Beverage sector. Point Franchise has almost 250 franchising opportunities across a wide range of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.