Restaurant, Coffee Shop & Pub Franchise opportunities to start in Chesterfield
Chesterfield and its prospects for new Businesses
Are you thinking about opening a franchise? Chesterfield, in the East Midlands, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while managing your own business. Take a look at the brands currently recruiting in Chesterfield. There are a variety of franchising options available based on your budget and career goals. Have a look to find the brand that appeals to you most.
There are 105,000 people living in the Chesterfield area. When broken down by age group, the 40-59 age range is the most prevalent in the population. Unemployment in the area (7.9%) is high compared to the UK as a whole (4%). The labour force represents 72.3% of the local population, or 47,300 people. Chesterfield has an average annual income of £26,339, which is slightly lower than the national average salary of just over £30,500.
Running a franchise in the Restaurant sector
There are 88 UK-based franchises available in the Restaurant industry. You can pick an investment opportunity from nine Coffee, Cafe & Coffee Shop franchises, three Juice Bar franchises, two Bubble Tea franchises, five Sandwich franchises and four Pizza franchises. Let our selection of brands be your guide to starting your next exciting franchising opportunity.
Eager to find out more? Here are three franchise business examples
There are many interesting franchising possibilities in the Restaurant sector. Take Caprinos Pizza for example. By joining its 16 franchises already in operation, you could contribute to this brand's expansion. This business opportunity requires an initial investment of £65,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Caprinos Pizza asks for a minimum personal investment of £50,000. The higher startup costs make this 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. By investing in this established brand, you could qualify for financial aid.
Check out Punch Pubs & Co. With a vast network of 1,300 locations, the brand knows how to support its franchisees. Opening a Punch Pubs & Co business requires a reasonable initial investment of £13,000. If you intend to get a loan to cover the startup costs, Punch Pubs & Co asks for a personal investment of at least £8,000. For most franchises, this amount represents 30 to 50% of the total 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. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
Lastly, another possibility to consider is Shoryu Ramen. There are 13 outlets open so far, and the network is expanding. Starting a Shoryu Ramen business requires a significant initial investment of £400,000. At least £200,000 should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See our website for more information.
The Restaurant industry offers many interesting investment opportunities, including our 88 franchise options. On Point Franchise, there is plenty of choice in other sectors as well. We have 236 new business investment opportunities in total to choose from.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.