Restaurant, Coffee Shop & Pub Franchise opportunities to start in Kingswinford
Kingswinford 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. Check out our range of brands in Kingswinford, located in the Dudley area in the West Midlands, where many companies are currently recruiting. Explore our sectors and brands to find your best options among different franchising opportunities, keeping in mind your personal interests and career goals.
The population of Dudley is made up of 321,000 residents. The age group with the highest concentration is 40-59. The area has an economically active population of 145,500 people, or 76.2% of the total population. The unemployment rate (4.7%) is high compared to the rest of the UK. Residents in the area earn £28,043 per year on average. This income is slightly lower than the country's average gross income, which reaches just over £30,500.
The Restaurant industry could be the right choice for you
Are you interested in the Restaurant industry? If so, there are 88 available brands to choose from across the country. This sector offers a variety of interesting options, including two Chicken franchises, two Bubble Tea franchises, four Pizza franchises, 14 Takeaway franchises and nine Coffee, Cafe & Coffee Shop franchises. See if any catch your eye. You may be interested to know that businesses in the Dudley area currently employ 5,000 people in the Hospitality and Food Services industry.
Eager to know more? Here are three franchise business examples
If you plan to invest in the Restaurant industry, Mooboo could be a good option. By investing in this established brand, you can gain access to expert training and support
Wok&Go is an interesting investment opportunity in the Restaurant industry. The brand is developing, with 26 outlets already in operation, and a desire to expand further. A total of £200,000, a significant initial investment, is required to start a Wok&Go franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £100,000 of the total investment should come from your personal funds. The higher startup costs make this 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. When investing in this franchise, you can benefit from the assistance and support of an established brand and you could even qualify for financial aid. See our website for more information.
Finally, another interesting franchise option is Fireaway, which was first established in 2016. By joining its current 20 franchisees, you would become a part of a fast growing brand network. To open your own Fireaway business, you will need an initial investment of £49,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. You may feel more secure in starting a Fireaway franchise knowing that franchisees can benefit from full training, assistance and support.
The Restaurant sector currently offers 88 franchising opportunities. Plus, with almost 250 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the brand that best meets your needs.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.