Restaurant, Coffee Shop & Pub Franchise opportunities to start in Loughborough
Investing in a franchise in Loughborough
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 selection of brands in Loughborough, located in the Charnwood area in the East Midlands, where many companies are currently recruiting. Starting a business should be exciting! Explore our range of franchising options, focusing on the sectors that you feel most passionate about.
Charnwood has an estimated population of 183,000 residents. The population's most prevalent age group is made up of 20-39 year olds. The region has a 3.1% unemployment rate, which is lower than the national average of 4%. Overall, the region's labour force consists of 96,200 people or 81.3% of the total population. Salaries in Charnwood average £28,053 a year, while in the UK the average income is close to £31,000.
Franchising opportunities in the Restaurant sector
There are 88 brands currently recruiting franchisees in the Restaurant industry. If this sector appeals to you, check them out. In fact, you can pick from four Pizza franchises, two Burger franchises, three Juice Bar franchises, 14 Takeaway franchises and nine Coffee, Cafe & Coffee Shop franchises today. If you're interested in the Hospitality and Food Services industry, you're not alone. In Charnwood, 4,500 people currently work in the field.
Eager to find out more? Here are three franchise business examples
If you like the idea of starting a business in the Restaurant sector, Esquires Coffee could be an option for you. Initially established in 2000, the brand is now mature and a leader within the sector, having expanded its franchise network for 20 years. The brand has a strong network and good visibility, running in 103 franchise locations. Starting an Esquires Coffee franchise will require you to invest a minimum of £225,000. At least £85,000 of this should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You could also benefit from financial aid, if eligible.
Las Iguanas is an interesting franchising opportunity in the Restaurant industry. This brand is growing, counting 55 outlets across the country. This business requires a substantial initial investment of £700,000. If you intend to get 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 Las Iguanas business is £350,000. 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. When investing in this franchise, you could qualify for financial assistance.
Lastly, if the Restaurant industry appeals to you, Thai Express is another option you could consider. The brand operates in 300 franchise locations which make up a well-established business community. Starting a Thai Express business requires a substantial initial investment of £150,000. At least £50,000 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. You may be eligible for financial aid. See our website for details.
There are 88 franchises waiting to be discovered in the Restaurant industry. With 236 new business investment opportunities to choose from across various sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.