Restaurant, Coffee Shop & Pub Franchise opportunities to start in Wolverhampton
Wolverhampton is waiting for you to open a franchise business
Would you like to run your own business? Wolverhampton, located in the West Midlands, could be a good place to start. There are many businesses currently recruiting franchisees in the Wolverhampton area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. With your interests and career objectives in mind, have a look at our range of franchising options.
The Wolverhampton area has 262,000 residents. The most prevalent age group in the population falls in the 20-39 age bracket. In terms of employment, the region has an economically active population of 118,500 people (72.2%), of which the unemployment rate is 7%. This figure is slightly higher than the average unemployment rate across the UK. The local income averages £24,784 per year, which is slightly lower than the just over £30,500 average salary in the UK as a whole.
Have you considered the Restaurant sector?
If you wish to operate a Restaurant franchise, you are likely to find one that interests you among 88 available across the UK. There are two Burger franchises, three Pub & Bar franchises, four Pizza franchises, 14 Takeaway franchises and two Chicken franchises offering the opportunity to invest. Explore our available brands to find a potential match. In the Wolverhampton area, the Hospitality and Food Services industry provides employment for 5,000 people.
Check out three available franchise opportunities
Wok&Go is an interesting franchise operating in the Restaurant industry. There are 26 locations open so far, and the network is expanding. 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. 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. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Esquires Coffee could be another good option for you to invest in. In business since 2000, Esquires Coffee now has over 20 years of experience under its belt. The brand's network is significant, counting 103 outlets in the United Kingdom. You will need to invest £225,000 to start your own Esquires Coffee business. At least £85,000 of this substantial amount should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
As a final example, take a look at Shoryu Ramen. By joining its 13 franchises already in operation, you could contribute to this company's expansion. To start your own Shoryu Ramen franchise, you will need to invest £400,000, of which at least £200,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable 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 aid. See eligibility details on our website.
If you are interested in the Restaurant industry and want to discover more franchising opportunities, check out the 88 brands available in this sector. If you are still not sure which sector best suits your needs, have a look through our selection of 236 new business investment opportunities across a variety of sectors on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.
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