Restaurant, Coffee Shop & Pub Franchise opportunities to start in Worcester
Worcester: A great location to start a business
Worcester, located in the West Midlands, offers a variety of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Worcester area. There are a number of new business investment opportunities available based on your budget and career objectives. Have a browse to find the brand that appeals to you most.
Approximately 102,000 people currently live in Worcester. When broken down by age group, the majority of the population sits within the 20-39 category. The region has an economically active population of 54,500 people, or 81.7% of the total population. The unemployment rate (1.8%) is very low compared to the rest of the United Kingdom. The average annual income across the United Kingdom is just over £30,500. With a gross salary averaging £27,563, residents of Worcester have a slightly lower salary than the national average.
The Restaurant industry and its investment opportunities
There are 88 brands currently looking for franchisees in the Restaurant sector. If this sector appeals to you, check them out. You can choose an investment opportunity from two Chicken franchises, three Frozen Yogurt franchises, 11 Fast Food franchises, five Sandwich franchises and four Pizza franchises. Let our selection of brands be your guide to starting your next exciting business opportunity. If you're interested in the Hospitality and Food Services industry, you're not alone. In Worcester, 3,000 people currently work in the sector.
Here are three examples of franchise businesses
If you would like to invest in the Restaurant industry, Punch Pubs & Co could be a good option. The brand has developed over time and now operates in 1,300 different locations. This business opportunity requires an affordable initial investment of £13,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Punch Pubs & Co requires a minimum personal investment of £8,000. 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. When investing in this franchise, you could qualify for financial assistance.
Have a look at Wok to Walk. This brand is growing, counting 95 locations across the United Kingdom. A small premises will be required to operate this business. Eligible candidates may apply for financial aid.
Finally, Caprinos Pizza is another interesting franchise option if you plan to invest in the Restaurant sector. By joining its 16 franchises already in operation, you could contribute to this brand's expansion. In order to open a Caprinos Pizza business, an initial investment of £65,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Caprinos Pizza asks for a personal investment of at least £50,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. If eligible, you might be entitled to financial aid. Visit our website for more information.
Starting a business in the Restaurant sector has great potential. If you're interested, explore our 88 available options. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of almost 250 franchising possibilities.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.
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