Restaurant, Coffee Shop & Pub Franchise opportunities to start in Hatfield
Hatfield is an attractive town to invest in
You could open your own business by becoming a franchisee in Hatfield. Herefordshire, located in the West Midlands, offers a variety of new business investment possibilities. On this page, you'll find a range of brands looking for franchisees. Explore our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to starting your own business.
There are 192,000 people living in the Herefordshire area. The most represented age group is 60+ years of age. The labour force in Herefordshire amounts to 93,100 people, with an unemployment rate of 2.5%. This rate is significantly lower than the national average. Across the United Kingdom, the average gross salary is £30,629. In the Herefordshire area, it is £25,778.
Business opportunities in the Restaurant sector
There are 88 brands currently looking for franchisees in the Restaurant industry. If this sector appeals to you, check them out. We offer three Juice Bar franchises, two Bubble Tea franchises, five Noodle Bar franchises, two Food Truck franchises and nine Coffee, Cafe & Coffee Shop franchises. Take a look at the brands to find out if your perfect match is among them. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Herefordshire area, 5,000 people work for Hospitality and Food Services companies.
Three brands worth your attention
There are many interesting franchising options in the Restaurant industry. Take Caprinos Pizza for example. The brand is developing, with 16 locations currently in operation, and a desire to expand further. You will need to invest £65,000 to start operating your own Caprinos Pizza business. Your personal investment should account for at least £50,000 of the total amount. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. You may qualify for financial aid.
Another possibility to consider is Bubbleology. The company has been in business since 2015. This brand is growing quickly, counting 69 outlets across the country. A total of £120,000, a significant initial investment, is required to start a Bubbleology franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £36,000 of the total investment should come from your personal funds. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Finally, Punch Pubs & Co is another successful brand operating in the Restaurant industry. Franchisees benefit from this company's wide network, which operates across 1,300 franchise locations. You will need an initial investment of £13,000 to start your own Punch Pubs & Co business. Your personal investment should account for at least £8,000 of the total amount. You may want to think about getting a loan to start a business in this sector. These relatively low startup costs make it a good option to pursue 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 assistance. See our website for more information.
If you would like to learn more about franchise opportunities in the Restaurant sector, have a browse through our 88 available options. Point Franchise currently has a total of almost 250 brands recruiting franchisees across a variety of sectors. Have a look to see which other sectors you might want to invest in.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.