Restaurant, Coffee Shop & Pub Franchise opportunities to start in Derby
Derby and its prospects for new Businesses
Many brands are currently recruiting franchisees in Derby, located in the East Midlands. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing assistance. Keep reading to explore the options in the Derby area. If you already know which line of work you'd like to pursue, check out our franchise options in that sector. If not, look around and see what other options catch your eye. We have businesses to suit all kinds of interests and career objectives.
Recent figures show that Derby has a population of 257,000 residents. When broken down by age group, the 20-39 age range is the most prevalent in the population. The area has an economically active population of 124,600 people, or 77.4% of the total population. The unemployment rate (4.2%) is comparable to the rest of the United Kingdom. Residents of Derby have an annual average salary of £29,895. In comparison, the average gross income in the United Kingdom is £30,629.
Running a franchise in the Restaurant industry
In the United Kingdom, there are 88 franchises recruiting in the Restaurant industry. With three Pub & Bar franchises, nine Coffee, Cafe & Coffee Shop franchises, five Sandwich franchises, three Juice Bar franchises and two Chicken franchises, this sector has great potential for exciting business ventures. See if there's a brand to suit your goals and interests. If you are thinking about opening a business in Hospitality and Food Services, Derby could be a good place to do it. Indeed, 9,000 people have already made the decision to work in this field in the Derby area.
Want to know more? Read about these three brands
If you're planning to invest in the Restaurant sector, have a look at Esquires Coffee, a brand that launched in 2000. Esquires Coffee has gained valuable experience in the field in its 20 years since first opening. The brand runs in 103 franchise locations which make up a strong business network. In order to start an Esquires Coffee business, a significant initial investment of £225,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Esquires Coffee asks for a personal investment of at least £85,000. It is thus less appropriate for new investors. By investing in this franchise, you may be eligible for financial support.
If the Restaurant sector appeals to you, Thai Express is another option you could consider. The brand has a well-established network and good visibility, operating in 300 franchise outlets. You will need an initial investment of £150,000 to start your own Thai Express 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. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business.
Finally, another possibility to consider is Wolf. By joining its current four franchisees, you would be joining a growing brand network. To start your own Wolf franchise, you will need to invest £200,000, of which at least £100,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance. Visit our website for more information.
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 almost 250 franchising opportunities across many different sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.
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