Restaurant, Coffee Shop & Pub Franchise opportunities to start in Stafford
Investing in Stafford could be your next move
If you're thinking about running your own business in Stafford, located in the West Midlands, you should look at franchising options. Several brands are currently recruiting in the Stafford area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. There are a number of new business investment options available based on your budget and career objectives. Have a look to find the brand that appeals to you most.
The Stafford region has 136,000 residents. The 60+ age range is the most represented within the population. Unemployment in the area (3.3%) is below par compared to the UK as a whole (4%). The labour force represents 76.7% of the local population, or 62,500 people. Stafford has an average annual salary of £30,270, which is in line with the national average income of close to £31,000.
Why start a business in the Restaurant industry?
There are 88 brands currently looking for franchisees in the Restaurant sector. If this sector appeals to you, check them out. There are three Pub & Bar franchises, four Pizza franchises, four Halal franchises, two Burger franchises and 11 Fast Food franchises offering franchising opportunities. You'll find opportunities to suit all kinds of career goals and aspirations. In the Stafford area, the Hospitality and Food Services industry provides employment for 4,500 people.
Eager to know more? Here are three franchise business examples
If you're interested in the Restaurant sector, take a look at Punch Pubs & Co. A network of 1,300 franchisees promotes the brand's visibility. You will need to invest £13,000 to open your own Punch Pubs & Co business. At least £8,000 of this affordable amount should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. You will also need to invest in a small premises to operate this business. You may qualify for financial aid.
Thai Express is another interesting option. The brand's network is significant, counting 300 outlets across the United Kingdom. A significant initial investment of £150,000 will enable you to start your own Thai Express business. In most cases, your personal investment should represent 30 to 50% of the total amount. Thai Express requires you to personally invest at least £50,000. You could potentially apply for a loan to cover the remaining costs. 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. If you can't afford the startup costs on your own, you could find out if you qualify for financial assistance.
Lastly, Las Iguanas is an interesting franchise option in the Restaurant industry. By joining its current 55 franchisees, you would become a part of a growing brand network. To open your own Las Iguanas 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. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. You could also receive financial aid, if eligible. Visit our website for details.
The Restaurant sector currently offers 88 franchising options. With almost 250 franchising 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.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.