Restaurant Franchise opportunities to start in Kidderminster
Why should you invest in Kidderminster?
Are you thinking about opening a franchise? Kidderminster, in the West Midlands, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while running your own business. Check out the brands currently recruiting in Wyre Forest. Exploring our range of brands and sectors will allow you to pinpoint the type of business that is right for you.
The population of Wyre Forest is 101,000. The 60+ age group has the highest concentration in the population. Approximately 43,900 people are economically active in the community, representing 76.7% of the population. The unemployment rate (3.2%) is low compared to the UK average (4%). The United Kingdom's annual average income is £30,629. Salaries in Wyre Forest are slightly lower in comparison, averaging £26,703 a year.
Why Casual Dining businesses appeal to franchisees
The Casual Dining sector currently offers 15 franchise opportunities. If this sector appeals to you, have a look at our options. The Casual Dining sector is just one example of the options available in the Restaurant industry. Other opportunities include four Halal franchises, 11 Fast Food franchises, two Food Truck franchises, 15 Restaurant franchises and two Burger franchises. Have a look, the perfect business opportunity for you could be a few clicks away.
Eager to find out more? Here are three franchise business examples
If the Casual Dining sector is your area of interest, Café Rouge is worth considering. This brand is growing, counting 90 locations in the UK. Opening a Café Rouge business requires a significant initial investment of £700,000. At least £350,000 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. You will also need to invest in a large premises to operate this business. Financial support is available for eligible franchisees.
Veeno could be another good option for you to invest in. By joining its network of eight franchisees, you could contribute to this brand's success. A total of £80,000 is required to start a Veeno franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £35,000 of the total investment should come from your personal funds. 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. When investing in this franchise, you could be eligible for financial aid.
Finally, Wolf is another interesting brand operating in the Casual Dining sector. This business requires a significant initial investment of £200,000. 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 Wolf business is £100,000. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. By investing in this established brand, you could qualify for financial assistance. Visit our website for details.
The Casual Dining sector currently offers 15 investment options. If you're curious about franchising options in other sectors, Point Franchise has almost 250 brands to pick from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.