Restaurant Franchise opportunities to start in Tamworth
Tamworth: A great location to start a business
If you want to start a business in Tamworth, working for yourself but not on your own, then check out our franchising opportunities in the West Midlands. On this page, you will find a range of brands to choose from for becoming a franchisee in the Tamworth area and across the UK. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career objectives.
There are 77,000 people living in the Tamworth area. The most prevalent age group in the population is 40 to 59 years old. The local unemployment rate of 5.3% among 40,600 economically active people, or 86.8% of the population, is slightly higher than the average in the United Kingdom. The average annual salary across the UK is just over £30,500. With a gross income averaging £26,343, residents of Tamworth have a slightly lower salary than the national average.
What the Casual Dining sector could offer you
Are you interested in the Casual Dining sector? If so, there are 15 available franchises to choose from across the country. This is just one of the sectors you could choose within the Restaurant services sector. There are also two Burger franchises, 11 Fast Food franchises, three Frozen Yogurt franchises, three Juice Bar franchises and two Chicken franchises. Have a browse and see if any are a good fit for you.
Three brands worth your attention
If you would like to invest in a Casual Dining business, you could consider Shoryu Ramen. There are 13 outlets open so far, and the network is expanding. You will need to invest £400,000 to open your own Shoryu Ramen business. At least £200,000 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 small premises will also be required to operate this business.
If the Casual Dining sector appeals to you, Bella Italia is another option you could consider. This brand is developing, counting 100 locations across the UK. To start your business, you will need an initial investment of £700,000. If you plan on getting 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 Bella Italia, the minimum personal investment is £350,000. The higher startup costs make this 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. You may qualify for financial aid.
Lastly, you could also have a look at Café Rouge. By joining its current 90 franchisees, you would be joining a growing brand network. A significant initial investment of £700,000 will enable you to open your own Café Rouge business. In most cases, your personal investment should represent 30 to 50% of the total amount. Café Rouge requires you to personally invest at least £350,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. Also, if you can't cover the startup costs alone, you may be able to benefit from financial assistance. Visit our website for more information.
The Casual Dining sector has many successful franchise businesses. We currently have 15 options available in this sector. Point Franchise offers a total of 236 franchising opportunities across a variety of sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.