Restaurant, Coffee Shop & Pub Franchise opportunities to start in Plymouth
Plymouth is waiting for you to begin a franchise business
Would you like to run your own business? Plymouth, located in the South West, could be a good place to start. There are many businesses currently recruiting franchisees in the Plymouth area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. Exploring our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
There are 263,000 people living in the Plymouth area. The most prevalent age group in the population is 20 to 39 years old. Unemployment in the area (4.6%) is high compared to the UK as a whole (4%). The labour force represents 77.6% of the local population, or 129,300 people. For the Plymouth area, the average income is £24,371, which is lower than the UK average salary of just over £30,500.
Could the Restaurant industry be the right choice for you?
If the idea of running a business in the Restaurant sector appeals to you, take a look at the 88 brands currently recruiting franchisees in the field. In fact, you can choose from two Chicken franchises, 14 Takeaway franchises, three Juice Bar franchises, four Halal franchises and nine Coffee, Cafe & Coffee Shop franchises today. Hospitality and Food Services is a well-established industry, providing employment for 9,000 people in Plymouth alone.
Three franchises that could interest you
There are many interesting franchising possibilities in the Restaurant sector. Take Crepe Delicious for example. By joining its 25 franchises already in operation, you could contribute to this brand's expansion. To start your own Crepe Delicious franchise, you will need to invest £80,000, of which at least £50,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. If eligible, you might be entitled to financial assistance.
The Restaurant sector has many brands worth considering. Have a look at Rocket's. By joining its network of 49 franchisees, you could play a part in this brand's success. You will need to invest £200,000 to open your own Rocket's business. At least £170,000 of this significant amount should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. You may be eligible for financial aid.
Finally, Snappy Tomato Pizza is another interesting franchise option if you plan to invest in the Restaurant sector. The brand is developing, with 19 locations already in operation, and a desire to expand further. Opening a Snappy Tomato Pizza business requires an affordable initial investment of £25,000. At least £5,000 should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See our website for more information.
If working in the Restaurant industry appeals to you, check out our 88 available franchising options in the sector. 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 investment opportunity.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.