Restaurant, Coffee Shop & Pub Franchise opportunities to start in Coalville

Starting a new business in Coalville

Are you thinking about opening a franchise? Coalville, in the East Midlands, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while managing your own business. Have a look at the brands currently recruiting in North West Leicestershire. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.

An estimated 102,000 people currently live in North West Leicestershire. The 40-59 age range makes up the majority of the population. North West Leicestershire has an unemployment rate of 6.2% within its labour force of 48,100 people. This rate is high compared to the national average. The local income averages £28,742 per year, which is slightly lower than the close to £31,000 average salary in the UK as a whole.

Why open a franchise in the Restaurant sector?

There are 88 UK-based franchises available in the Restaurant sector. This sector offers a variety of interesting options, including two Chicken franchises, three Juice Bar franchises, nine Coffee, Cafe & Coffee Shop franchises, 11 Fast Food franchises and 14 Takeaway franchises. See if any catch your eye. Interesting fact: companies in Hospitality and Food Services employ 3,500 people in the North West Leicestershire area. This could be your opportunity to start a successful business of your own!

Three brands worth your attention

Café Rouge is an interesting franchise operating in the Restaurant industry. By joining its 90 franchises already in operation, you could contribute to this brand's expansion. A total of £700,000, a substantial initial investment, is required to open a Café Rouge franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £350,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees.

Another option worth considering is Shoryu Ramen. There are 13 locations open so far, and the network is expanding. You will need to invest £400,000 to begin operating your own Shoryu Ramen business, which is a significant initial investment. Your personal investment should account for at least £200,000 of the total amount. It is thus less appropriate for new investors. A small premises will also be required to operate this business. Financial assistance is available for eligible franchisees.

Lastly, Rooster Shack could be another good option for you to invest in. The brand is developing, with two outlets already in operation, and a desire to expand further. You will need to invest £150,000 to start your own Rooster Shack business. At least £75,000 of this substantial amount should come from your own personal investment. 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. By investing in this franchise, you may qualify for financial support. Visit our website for more information.

If you want to work in the Restaurant industry, the perfect investment opportunity could be waiting for you among our 88 available franchises in the sector. If you are still not sure which sector best suits your needs, have a look through our selection of almost 250 franchising opportunities across different sectors on Point Franchise.

This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.