Restaurant, Coffee Shop & Pub Franchise opportunities to start in Shrewsbury
Shrewsbury is waiting for you to start a franchise business
Shrewsbury, located in the West Midlands, offers a variety of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising options here. You might just find the right brand for starting your own business in the Shropshire area. Explore our sectors and brands to find your best options among different franchising opportunities, keeping in mind your personal interests and business goals.
The population of Shropshire is made up of 320,000 people. The age group with the highest concentration is 60+. The area has 151,100 economically active people, representing 82.9% of the population, with an unemployment rate of 2.7%. This rate is significantly lower than the country's 4% national average. The local income averages £28,225 per year, which is slightly lower than the close to £31,000 average income in the UK as a whole.
Why the Restaurant industry appeals to franchisees
The Restaurant sector currently offers 88 franchise opportunities. If this sector appeals to you, check out our options. This sector offers a number of interesting options, including two Bubble Tea franchises, two Chicken franchises, two Food Truck franchises, three Pub & Bar franchises and 14 Takeaway franchises. See if any catch your eye. In the Shropshire area, the Hospitality and Food Services industry provides work for 9,000 people.
Three franchise business examples worth looking at
If you're interested in the Restaurant sector, take a look at Snappy Tomato Pizza. By joining its current 19 franchisees, you would be joining a growing brand network. To start your business, you will need an initial investment of £25,000. 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 generally be required. For Snappy Tomato Pizza, the minimum personal investment is £5,000. These low startup costs make it a good option to pursue for first-time franchisees. A large premises will also be required to operate this business. Financial support is available for eligible franchisees.
Crepe Delicious is an interesting franchise option in the Restaurant industry. There are 25 outlets open so far, and the network is expanding. An initial investment of £80,000 will enable you to start your own Crepe Delicious business. In most cases, your personal investment should represent 30 to 50% of the total amount. Crepe Delicious requires you to personally invest at least £50,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
Lastly, Wolf is another successful brand operating in the Restaurant industry. By joining its four franchises already in operation, you could contribute to this company's expansion. Opening a Wolf business requires a substantial initial investment of £200,000. If you plan on getting a loan to cover the startup costs, Wolf asks for a personal investment of at least £100,000. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you may qualify for financial aid. Visit our website for more information.
If you would like to know more about franchise opportunities in the Restaurant industry, have a look through our 88 available options. If this sector doesn't suit your needs, don't worry. Point Franchise offers 236 franchise options across a range of sectors to help you find your perfect investment opportunity.
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