Restaurant Franchise opportunities to start in Stourbridge
Starting a franchise business in Stourbridge
If you want to open a business in Stourbridge, working for yourself but not on your own, then check out our franchising options in the West Midlands. On this page, you will find a variety of brands to choose from for becoming a franchisee in the Dudley area and across the United Kingdom. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and career objectives.
According to recent census data, there are 321,000 people living in Dudley. The population's most prevalent age group is made up of 40-59 year olds. The local unemployment rate of 4.7% among 145,500 economically active people, or 76.2% of the population, is slightly higher than the average in the United Kingdom. In the United Kingdom, the average gross income is close to £31,000; in the Dudley area, it is £28,043.
Running a Casual Dining franchise business
Across the United Kingdom, there are 15 franchises operating in the Casual Dining sector. Could a starting business in the Casual Dining sector, or in the Restaurant industry more widely, help you reach your career goals and aspirations? Check out the three Frozen Yogurt franchises, 11 Fast Food franchises, five Sandwich franchises, two Food Truck franchises and two Chicken franchises recruiting at this time. In Dudley, there are currently 5,000 people working in the Hospitality and Food Services industry, so you would become a part of an established business network.
Three examples of available franchise business opportunities
If you like the idea of starting a business in the Casual Dining sector, Bella Italia could be an option for you. The brand is developing, with 100 outlets already in operation, and a desire to expand further. A significant initial investment of £700,000 will enable you to start your own Bella Italia business. In most cases, your personal investment should represent 30 to 50% of the total amount. Bella Italia requires you to personally invest at least £350,000. You could potentially get a loan to cover the remaining costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. By investing in this franchise, you may qualify for financial assistance.
Las Iguanas could be another good option for you to invest in. By joining its network of 55 franchisees, you could contribute to this brand's success. Starting a Las Iguanas franchise will require you to invest a minimum of £700,000. At least £350,000 of this 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. You could also receive financial aid, if eligible.
Lastly, Shoryu Ramen is another interesting investment opportunity if you plan to invest in the Casual Dining sector. This brand is expanding, counting 13 locations in the UK. This business requires a significant initial investment of £400,000. If you plan on getting 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 Shoryu Ramen business is £200,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. Financial support is available for eligible franchisees. See eligibility details on our website.
The Casual Dining sector has many successful franchise businesses. We currently have 15 options available in this sector. On Point Franchise, there is plenty of choice in other sectors too. We have 236 franchising opportunities in total to choose from.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.