Restaurant, Coffee Shop & Pub Franchise opportunities to start in Bloxwich
Bloxwich: A great location to start a business
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our range of brands in Bloxwich, located in the Walsall area in the West Midlands, where many companies are currently recruiting. Explore our different franchising opportunities to find the sectors and brands that most appeal to you.
The Walsall area has a population of 283,000 residents. The 0-19 age group is the most represented within the population. Walsall has an unemployment rate of 6.7% within its labour force of 130,000 people. This rate is high compared to the national average. The average annual salary across the United Kingdom is £30,629. With a gross income averaging £24,014, residents of Walsall have a lower salary than the national average.
The Restaurant sector and its investment options
There are 88 franchises in the Restaurant industry to choose from. Among the business opportunities in this sector, there are five Noodle Bar franchises, three Frozen Yogurt franchises, 14 Takeaway franchises, four Pizza franchises and two Food Truck franchises. The perfect business to suit your career goals and aspirations might just be among them. If you want to work in the Hospitality and Food Services industry, you may be interested to know that, in the Walsall area, 4,000 people currently work in the industry.
Eager to know more? Here are three franchise business examples
Crepe Delicious operates in the Restaurant sector. By joining its network of 25 franchisees, you could play a part in this brand's success. You will need an initial investment of £80,000 to open your own Crepe Delicious business. Your personal investment should account for at least £50,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. Also, if you can't cover the startup costs alone, you may be able to benefit from financial aid.
Thai Express could be another good option for you to invest in. The brand's network is significant, counting 300 locations across the United Kingdom. You will need to invest £150,000 to open your own Thai Express business. At least £50,000 of this significant amount should come from your own personal investment. 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.
Finally, you could also consider Auntie Anne's, which has been operating since 1988. Auntie Anne's has been operating for 32 years and has acquired many loyal customers as a result. With a vast network of 2,000 outlets, the brand knows how to support its franchisees. To start your business, you will need an initial investment of £145,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Auntie Anne's, the minimum personal investment is £40,000. It is thus less appropriate for new investors. If you can't afford the startup costs on your own, you may be eligible for financial assistance. Visit our website for details.
The Restaurant sector currently has 88 new business investment opportunities. With 236 franchising opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.