Restaurant, Coffee Shop & Pub Franchise opportunities to start in West Bridgford
West Bridgford and its prospects for new Businesses
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 range of brands in West Bridgford, located in the Rushcliffe area in the East Midlands, where many businesses are currently recruiting. Exploring our selection of brands and sectors will allow you to pinpoint the type of business that is right for you.
There are approximately 118,000 people currently living in Rushcliffe. The 40-59 age group has the highest concentration within the population. The local unemployment rate of 2.6% among 57,700 economically active people, or 83.3% of the population, is significantly lower than the average in the United Kingdom. In the United Kingdom, the average gross salary is just over £30,500; in the Rushcliffe area, it is £37,873.
Does the Restaurant industry appeal to you?
There are 88 franchises in the Restaurant sector to choose from. Could your ideal business be among our two Burger franchises, three Pub & Bar franchises, 14 Takeaway franchises, nine Coffee, Cafe & Coffee Shop franchises and three Frozen Yogurt franchises? Have a look to find out. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Rushcliffe area, 3,000 people work for Hospitality and Food Services companies.
Three examples of available franchise business options
The Restaurant industry has many franchise opportunities available, such as Rocket's. By joining its current 49 franchisees, you would become a part of a growing brand network. You will need to invest £200,000 to open your own Rocket's business. At least £170,000 of this significant amount should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. An investment in this franchise entitles you to financial aid, if eligible.
Take a look at Veeno. There are eight locations open so far, and the network is expanding. In order to start a Veeno business, an initial investment of £80,000 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. Veeno requires a personal investment of at least £35,000. 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. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Lastly, Punch Pubs & Co is another interesting option. Franchisees benefit from this brand's wide network, which operates across 1,300 franchise locations. You will need to invest £13,000 to begin operating your own Punch Pubs & Co business, which is an affordable initial investment. Your personal investment should account for at least £8,000 of the total amount. 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. By investing in this established brand, you could be eligible for financial aid. See our website for more information.
If you would like to find out more about franchise opportunities in the Restaurant sector, have a browse through our 88 available options. If you're curious about business options in other sectors, we've got a total of 236 franchising opportunities to choose from on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.