Restaurant, Coffee Shop & Pub Franchise opportunities to start in Stourbridge
Why should you invest in Stourbridge?
The Dudley area offers many interesting business opportunities. If you like the idea of running your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Stourbridge. Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.
Recent figures show that Dudley has a population of 321,000 residents. Residents aged 40 to 59 years old make up the prevalent age range in the population. The labour force in Dudley amounts to 145,500 people, with an unemployment rate of 4.7%. This rate is slightly higher than the national average. The average gross income in the United Kingdom is close to £31,000. Residents of Dudley earn £28,043 a year on average.
Franchising options in the Restaurant industry
Across the United Kingdom, there are 88 franchises operating in the Restaurant industry. There are five Noodle Bar franchises, two Chicken franchises, 11 Fast Food franchises, four Halal franchises and three Juice Bar franchises recruiting at this time. Our selection is likely to have an option that suits your career goals and aspirations. You may be interested to know that businesses in the Dudley area currently employ 5,000 people in the Hospitality and Food Services industry.
Take a look at three franchise business examples
If you plan to invest in the Restaurant industry, Rocket's could be a good option. By joining its network of 49 franchisees, you could play a part in this brand's success. In order to start a Rocket's business, a substantial initial investment of £200,000 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. Rocket's requires a personal investment of at least £170,000. 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. By investing in this franchise, you may qualify for financial support.
You could also consider Subway®, which has been operating since 2001. Subway® has proved itself to be a successful business and leader in the field in its 19 years since opening. It is now firmly rooted in the market, counting 2,500 franchise outlets. Financial aid can be given in some circumstances.
Lastly, another brand worth considering is Café Rouge. By joining its 90 franchises already in operation, you could contribute to this company's expansion. Opening a Café Rouge franchise will require you to invest a minimum of £700,000. At least £350,000 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. You could also benefit from financial assistance, if eligible. See our website for details.
The Restaurant sector currently offers 88 franchising opportunities. At Point Franchise, we have close to 250 new business investment opportunities available, giving you plenty to choose from in other sectors too.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.