Restaurant, Coffee Shop & Pub Franchise opportunities to start in Lichfield
Investing in a franchise in Lichfield
You could start your own business by becoming a franchisee in Lichfield. There are a number of possibilities to choose from in Lichfield, located in the West Midlands. Have a look at our selection of brands and start managing your own business with a team behind you. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
Lichfield has an estimated population of 104,000 people. Residents aged over 60 years old have the highest concentration within the population. Lichfield has an average annual income of £33,360, which is higher than the national average salary of £30,629.
Have you considered the Restaurant industry?
Across the United Kingdom, there are 88 franchises in the Restaurant sector. Could your ideal business be among our four Pizza franchises, five Sandwich franchises, three Pub & Bar franchises, four Halal franchises and two Burger franchises? Have a look to find out. In Lichfield, there are currently 3,000 people working in the Hospitality and Food Services industry, so you would become a part of an established business community.
Want to know more? Read about these three brands
If you're interested in the Restaurant industry, check out Veeno. By joining its eight franchises already in operation, you could contribute to this company's expansion. This business requires an initial investment of £80,000. 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 open a Veeno business is £35,000. 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. Financial assistance is available for eligible franchisees.
Another option to consider is Rocket's. The brand is developing, with 49 outlets currently in operation, and a desire to expand further. A significant initial investment of £200,000 will enable you to start your own Rocket's business. In most cases, your personal investment should represent 30 to 50% of the total amount. Rocket's requires you to personally invest at least £170,000. You could potentially get a loan to cover the remaining costs. 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. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Thai Express is a third interesting investment opportunity in the Restaurant industry. The brand's network is significant, counting 300 locations in the United Kingdom. This business opportunity requires a significant initial investment of £150,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Thai Express asks for a minimum personal investment of £50,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. You may qualify for financial aid. See our website for more information.
The Restaurant sector currently offers 88 new business investment opportunities. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a range of sectors. Have a browse to see which other sectors you might want to invest in.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.