Restaurant, Coffee Shop & Pub Franchise opportunities to start in Nottingham
Starting a new business in Nottingham
Are you considering opening a franchise? Nottingham, 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 running your own business. Take a look at the brands currently recruiting in Nottingham. There are a variety of new business investment options available based on your budget and career goals. Have a look to find the brand that appeals to you most.
There are 331,000 people living in the Nottingham region. The 20-39 age group has the highest concentration in the population. Approximately 155,900 people are economically active in the area, representing 69.5% of the population. The unemployment rate (8%) is high compared to the UK average (4%). Nottingham has an average annual income of £24,333. This salary is lower than the rest of the UK, which has an average salary of just over £30,500.
Why choose to work in the Restaurant industry?
Are you interested in the Restaurant industry? You're likely to come across a franchise worth considering among 88 brands across the United Kingdom. There are five Sandwich franchises, two Chicken franchises, two Burger franchises, four Halal franchises and five Noodle Bar franchises offering franchising opportunities. You'll find opportunities to suit all kinds of career objectives and aspirations.
Take a look at three franchise business examples
If you're planning to invest in the Restaurant sector, have a look at Punch Pubs & Co. A network of 1,300 franchisees promotes the brand's exposure. In order to open a Punch Pubs & Co business, a reasonable initial investment of £13,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Punch Pubs & Co requires a personal investment of at least £8,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. You will also need to invest in a large premises to operate this business. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Another option worth considering is Bubbleology, a company that has been in business since 2015. The brand is expanding quickly, with 69 location currently in operation, and a desire to expand further. Starting a Bubbleology franchise will require you to invest a minimum of £120,000. At least £36,000 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Lastly, another possibility to consider is NKD Pizza. By joining its current 25 franchisee, you would become a part of a growing brand network. You will need to invest in a large premises to operate this business. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for details.
If you are thinking about running a franchise business in the Restaurant industry, you might be interested to browse our 88 available brands. Point Franchise has close to 250 franchising opportunities across a wide range of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.