Restaurant Franchise opportunities to start in Wolverhampton

Wolverhampton and its prospects for new Businesses

You could start your own business by becoming a franchisee in Wolverhampton. There are a number of opportunities to choose from in Wolverhampton, located in the West Midlands. Check out our selection of brands and start running your own business with a team behind you. With your interests and career objectives in mind, have a look at our range of franchising options.

The population of Wolverhampton is 262,000. Residents aged 20 to 39 years old are the most represented within the population. Unemployment affects 4% of the UK population. With a rate of 7%, unemployment in this area is slightly higher than the national average. The labour force amounts to 118,500 people, making up 72.2% of the population. Salaries in Wolverhampton average £24,784 a year, while in the UK the average income is just over £30,500.

The Casual Dining sector and its investment options

Across the UK, you will find 15 franchises operating in the Casual Dining sector. This is just one of the sectors you could choose within the Restaurant industry. There are also three Frozen Yogurt franchises, two Food Truck franchises, two Bubble Tea franchises, 14 Takeaway franchises and five Noodle Bar franchises. Have a browse and find out if any are a good fit for you. Many businesses in Wolverhampton already work in the Hospitality and Food Services industry, which employs 5,000 people. You would be joining a well-established business community.

Have a look at three franchise business examples

Wolf is a competitive business operating in the Casual Dining sector. A significant initial investment of £200,000 will enable you to open your own Wolf business. In most cases, your personal investment should represent 30 to 50% of the total amount. Wolf requires you to personally invest at least £100,000. You could potentially apply for a loan to cover the remaining costs. 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 assistance.

Another brand worth considering is Café Rouge. The brand is developing, with 90 locations already in operation, and a desire to expand further. Starting a Café Rouge franchise will require you to invest a minimum of £700,000. At least £350,000 of this should come from your own personal investment. 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.

Lastly, Veeno is another interesting franchising opportunity if you plan to invest in the Casual Dining sector. By joining its current eight franchisees, you would become a part of a growing brand network. Starting a Veeno business requires an initial investment of £80,000. If you plan on getting a loan to cover the startup costs, Veeno asks for a personal investment of at least £35,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. A large premises will also be required to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid. Visit our website for details.

If you are interested in the Casual Dining sector and would like to discover more franchising opportunities, have a look at the 15 brands available in this sector. With close to 250 new business investment opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.

This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.