Restaurant, Coffee Shop & Pub Franchise opportunities to start in Telford
Investing in a franchise in Telford
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Take a look at our range of brands in Telford, located in the Telford and Wrekin area in the West Midlands, where many businesses are currently recruiting. There are a number of franchising options available based on your budget and career objectives. Have a look to find the brand that appeals to you most.
There are 178,000 people living in the Telford and Wrekin region. The 40-59 age group is the most represented within the population. Approximately 88,300 people are economically active in the community, representing 80.4% of the population. The unemployment rate (4.5%) is high compared to the UK average (4%). Residents in the area earn £25,758 per year on average. This income is slightly lower than the national average gross salary, which reaches close to £31,000.
Could the Restaurant sector be the right choice for you?
There are 88 brands offering franchise opportunities in the Restaurant sector. You will find 11 Fast Food franchises, three Frozen Yogurt franchises, two Burger franchises, three Juice Bar franchises and two Bubble Tea franchises offering the opportunity to invest. Check out our available brands to find a potential match. If you're interested in the Hospitality and Food Services industry, you're not alone. In Telford and Wrekin, 4,000 people currently work in the sector.
Take a look at three franchise business examples
If you're interested in the Restaurant sector, have a look at Punch Pubs & Co. The brand has expanded over time and now operates in 1,300 different locations. This business requires a reasonable initial investment of £13,000. 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 start a Punch Pubs & Co business is £8,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. You will also need to invest in a small premises to operate this business. When investing in this franchise, you could be eligible for financial assistance.
Another brand worth considering is Café Rouge. There are 90 outlets open so far, and the network is expanding. To start your own Café Rouge franchise, you will need to invest £700,000, of which at least £350,000 should be your own personal investment. You could get a loan to help cover the remaining startup 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. By investing in this established brand, you could qualify for financial aid.
Snappy Tomato Pizza is a third interesting franchise option in the Restaurant industry. By joining its 19 franchises already in operation, you could contribute to this company's expansion. You will need an initial investment of £25,000 to start your own Snappy Tomato Pizza business. Your personal investment should account for at least £5,000 of the total amount. You may want to consider getting a loan to open a business in this sector. These relatively low startup costs make it a good option to pursue for first-time franchisees. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible. See eligibility details on our website.
We offer a total of 88 businesses in the Restaurant sector. If you're interested, see if the right investment opportunity for you is among them. Point Franchise offers a total of 236 franchising options across many different sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.