Restaurant, Coffee Shop & Pub Franchise opportunities to start in Frome
What to consider when starting a franchise in Frome
You could open your own business by becoming a franchisee in Frome. Mendip, located in South West England, offers a number of new business investment possibilities. On this page, you'll find a range of companies looking for franchisees. There are a variety of franchising options available based on your budget and career objectives. Have a look to find the brand that appeals to you most.
There are an estimated 115,000 people in the Mendip area. The 60+ age group is the most represented within the population. The average annual salary across the United Kingdom is just over £30,500. With a gross income averaging £27,454, residents of Mendip have a slightly lower salary than the national average.
Why the Restaurant industry might be a good option for you
Across the UK, you will find 88 franchises operating in the Restaurant industry. You can pick an investment opportunity from four Halal franchises, two Food Truck franchises, two Chicken franchises, 11 Fast Food franchises and two Bubble Tea franchises. Let our selection of brands be your guide to starting your next exciting business opportunity. If you're keen on the Hospitality and Food Services industry, you may want to consider how many people already work in the sector. In Mendip, Hospitality and Food Services businesses currently employ 5,000 people.
Take a look at three franchise business examples
If the Restaurant industry is your area of interest, Wok&Go is worth looking at. By joining its 26 franchises already in operation, you could contribute to this brand's expansion. Starting a Wok&Go business requires a substantial initial investment of £200,000. At least £100,000 should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Financial assistance can be provided in some circumstances.
Another interesting franchise option is Shoryu Ramen. By joining its current 13 franchisees, you would be joining a growing brand network. This business opportunity requires a substantial initial investment of £400,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Shoryu Ramen requires a minimum personal investment of £200,000. 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.
Lastly, another option worth considering is Punch Pubs & Co. Franchisees benefit from this company's wide network, which operates across 1,300 franchise locations. This business requires an affordable initial investment of £13,000. If you intend to get 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 open a Punch Pubs & Co business is £8,000. Given these low startup costs, this option could be 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. See our website for details.
The Restaurant sector has many successful franchise businesses. We currently have 88 opportunities available in this sector. Plus, with almost 250 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the right brand for you.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.