Restaurant Franchise opportunities to start in Shrewsbury
Investing in a franchise in Shrewsbury
Located in the West Midlands, Shrewsbury is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising options in Shropshire and take the first step towards managing your own business. We offer a range of realistic new business investment possibilities, so that you can find one you like.
Approximately 320,000 people currently live in Shropshire. Residents in the 60+ age category make up the largest portion of the population. The region has an economically active population of 151,100 people, or 82.9% of the total population. The unemployment rate (2.7%) is very low compared to the rest of the UK. The annual income in the UK is just over £30,500 on average. The people of Shropshire earn an average annual salary of £28,225, slightly lower than the country's average.
Have you considered the Casual Dining sector?
Across the UK, there are 15 franchises in the Casual Dining sector. This is just one of the sectors you could choose within the Restaurant industry. There are also nine Coffee, Cafe & Coffee Shop franchises, two Food Truck franchises, four Halal franchises, five Sandwich franchises and three Frozen Yogurt franchises. Have a look and see if any are a good fit for you. In the Shropshire area, the Hospitality and Food Services industry provides work for 9,000 people.
Three franchises that could interest you
There are many interesting franchising opportunities in the Casual Dining sector. Take Shoryu Ramen for example. By joining its network of 13 franchisees, you could contribute to this brand's success. A substantial initial investment of £400,000 will enable you to start your own Shoryu Ramen business. In most cases, your personal investment should represent 30 to 50% of the total amount. Shoryu Ramen requires you to personally invest at least £200,000. 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 small premises will also be required to operate this business. Also, if you can't cover the startup costs alone, you may be entitled to financial assistance.
Veeno is an interesting franchising opportunity in the Casual Dining sector. This brand is expanding, counting eight outlets across the UK. You will need to invest £80,000 to begin operating your own Veeno business. Your personal investment should account for at least £35,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. You could also receive financial aid, if eligible.
Bella Italia is a third interesting franchise option in the Casual Dining sector. By joining its 100 franchises already in operation, you could contribute to this company's expansion. In order to start a Bella Italia business, a substantial initial investment of £700,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Bella Italia requires a personal investment of at least £350,000. 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. When investing in this franchise, you could be eligible for financial aid. Visit our website for more information.
If you are interested in the Casual Dining sector and want to discover more franchising options, take a look at the 15 brands available in this sector. If you're curious about franchising options in other sectors, Point Franchise offers close to 250 brands to pick from.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.