Restaurant Franchise opportunities to start in Walsall
Opening a franchise business in Walsall
Walsall, located in the West Midlands, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Walsall area. Explore our various franchising opportunities to discover the sectors and brands that most appeal to you.
The population of Walsall is made up of 283,000 residents. Residents aged 0 to 19 years old have the highest concentration in the population. The local unemployment rate of 6.7% is high compared to the national average of 4%. The local labour force consists of 130,000 people, making up 75.7% of the population. The United Kingdom's annual average salary is £30,629. Salaries in Walsall are lower in comparison, averaging £24,014 a year.
Why start a franchise in the Casual Dining sector?
Are you interested in the Casual Dining sector? If so, there are 15 available brands to choose from in the UK. In addition to the business opportunities in the Casual Dining sector, the Restaurant industry offers 14 Takeaway franchises, four Pizza franchises, 11 Fast Food franchises, 15 Restaurant franchises and two Bubble Tea franchises. Have a look at the brands to see if your perfect match is among them. If you're interested in the Hospitality and Food Services industry, you're not alone. In Walsall, 4,000 people currently work in the sector.
Here are three examples of franchise businesses
If you plan to invest in a Casual Dining business, you could consider Wolf. By joining its current four franchisees, you would be joining a growing brand network. This business opportunity requires a substantial initial investment of £200,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Wolf asks for a minimum personal investment of £100,000. 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.
Shoryu Ramen is an interesting franchise option in the Casual Dining sector. There are 13 locations open so far, and the network is expanding. You will need to invest £400,000 to start operating your own Shoryu Ramen business, which is a substantial initial investment. Your personal investment should account for at least £200,000 of the total amount. It is thus less appropriate for new investors. A small premises will also be required to operate this business. Financial support is available for eligible franchisees.
Lastly, Veeno is another interesting brand operating in the Casual Dining sector. Starting a Veeno business requires an initial investment of £80,000. At least £35,000 should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. Eligible candidates may apply for financial assistance. See eligibility details on our website.
The Casual Dining sector has many successful franchise businesses. We currently have 15 options available in this sector. 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.