Restaurant, Coffee Shop & Pub Franchise opportunities to start in Kidderminster
Kidderminster is an attractive town to invest in
Kidderminster, located in the West Midlands, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Wyre Forest area. To begin, look for the line of work that interests you the most. This is a quick way to find the brand best suited to you.
The population of Wyre Forest is 101,000. When broken down by age group, the 60+ age range is the most prevalent in the population. Approximately 43,900 people are economically active in the region, representing 76.7% of the population. The unemployment rate (3.2%) is below par compared to the national average (4%). The region's average gross annual income of £26,703 is slightly lower than the average income of close to £31,000 across the UK.
Does the Restaurant sector appeal to you?
If you wish to operate a Restaurant franchise, you are likely to find one that appeals to you among 88 available across the United Kingdom. There are 11 Fast Food franchises, nine Coffee, Cafe & Coffee Shop franchises, five Noodle Bar franchises, three Frozen Yogurt franchises and 14 Takeaway franchises offering the opportunity to invest. Check out our available brands to find a potential match.
Have a look at three franchise business examples
If you're planning to invest in the Restaurant industry, take a look at Snappy Tomato Pizza. There are 19 outlets open so far, and the network is expanding. A total of £25,000, a reasonable initial investment, is required to open a Snappy Tomato Pizza franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £5,000 of the total investment should come from your personal funds. These low startup costs make it a good option to pursue for first-time franchisees. You will also need to invest in a large premises to operate this business. Financial support is available for eligible franchisees.
Wolf is another interesting brand operating in the Restaurant industry. A significant initial investment of £200,000 will enable you to start your own Wolf business. In most cases, your personal investment should represent 30 to 50% of the total amount. Wolf requires you to personally invest at least £100,000. You could potentially apply for a loan to cover the remaining costs. It is thus less appropriate for new investors. 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 aid.
Lastly, Rooster Shack is another successful brand operating in the Restaurant sector. The brand is developing, with two locations currently in operation, and a desire to expand further. Opening a Rooster Shack franchise will require you to invest a minimum of £150,000. At least £75,000 of this should come from your own personal investment. 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. When investing in this franchise, you could be eligible for financial assistance. See our website for more information.
The Restaurant industry currently offers 88 business opportunities. If you are still not sure which sector best suits your needs, have a look through our selection of 236 franchising opportunities across a variety of sectors on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.