Restaurant Franchise opportunities to start in Coventry
Coventry is waiting for you to begin a franchise business
You could start your own business by becoming a franchisee in Coventry. Coventry, located in the West Midlands, offers a variety of new business investment opportunities. On this page, you'll find a range of companies looking for franchisees. To start off with, look for the line of work that appeals to you the most. This is a quick way to find the brand best suited to you.
Recent figures show that Coventry has a population of 367,000 people. The population's most prevalent age group is made up of 20-39 year olds. The 5.4% unemployment rate among the 189,500 economically active people in the area is slightly higher than the national average. Salaries in Coventry average £27,799 a year, while in the United Kingdom the average income is close to £31,000.
The Casual Dining sector and its business options
Are you interested in running your own business in the Casual Dining sector? Take a look at our 15 franchise options available in this field. The Casual Dining sector is part of the Restaurant services sector, which also offers 11 Fast Food franchises, three Frozen Yogurt franchises, two Chicken franchises, two Food Truck franchises and five Noodle Bar franchises. The perfect business to suit your career goals and aspirations might just be among them. Many companies in Coventry already work in the Hospitality and Food Services industry, which employs 8,000 people. You would be joining a well-established business community.
Three examples of available franchise business possibilities
If working in the Casual Dining sector appeals to you, take a look at Las Iguanas. The brand is growing, with 55 outlets currently in operation, and a desire to expand further. A total of £700,000, a significant initial investment, is required to open a Las Iguanas franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £350,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not recommended for first-time franchisees. Financial aid can be provided in some circumstances.
Check out Bella Italia. This brand is expanding, counting 100 locations across the country. You will need to invest £700,000 to start your own Bella Italia business. At least £350,000 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. You will also need to invest in a large premises to operate this business. By investing in this established brand, you could be eligible for financial assistance.
Finally, you could also have a look at Shoryu Ramen. There are 13 locations open so far, and the network is expanding. You will need an initial investment of £400,000 to open your own Shoryu Ramen business. Your personal investment should account for at least £200,000 of the total amount. You may want to think about getting a loan to open a business in this sector. 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. If eligible, you might be entitled to financial aid. See eligibility details on our website.
If you are considering running a franchise business in the Casual Dining sector, you might be interested to browse our 15 available brands. At Point Franchise, we are proud to offer 236 franchise options across various sectors, helping you find the perfect investment opportunities for you.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.