Restaurant, Coffee Shop & Pub Franchise opportunities to start in Halesowen
Starting a franchise business in Halesowen
Would you like to run your own business? Halesowen, located in the West Midlands, could be a good place to start. There are many brands currently recruiting franchisees in the Dudley area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. Browsing our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
Dudley has an estimated population of 321,000 people. Residents aged 40 to 59 years old are the most represented in the population. The community has 145,500 economically active people, representing 76.2% of the population, with an unemployment rate of 4.7%. This rate is slightly higher than the country's 4% national average. The average gross salary in the United Kingdom is just over £30,500. Residents of Dudley earn £28,043 a year on average.
Why open a business in the Restaurant sector?
There are 88 franchises in the Restaurant sector to choose from. Take a look at our three Pub & Bar franchises, nine Coffee, Cafe & Coffee Shop franchises, 14 Takeaway franchises, two Burger franchises and three Frozen Yogurt franchises. Could one of these brands help you reach your career goals and aspirations? Moreover, the number of people currently employed in a specific industry gives an idea of how dynamic it is. In the Dudley area, 5,000 people are employed by Hospitality and Food Services businesses.
Want to know more? Read about these three brands
If you're planning to invest in the Restaurant industry, have a look at Las Iguanas. There are 55 locations open so far, and the network is expanding. Opening a Las Iguanas business requires a substantial initial investment of £700,000. If you intend to get a loan to cover the startup costs, Las Iguanas asks for a personal investment of at least £350,000. For most franchises, this amount represents 30 to 50% of the total investment. 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. You could also benefit from financial aid, if eligible.
Wok&Go is another interesting option. By joining its current 26 franchisees, you would become a part of a growing brand network. You will need to invest £200,000 to begin operating your own Wok&Go business, which is a substantial initial investment. Your personal investment should account for at least £100,000 of the total amount. 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. Also, if you can't cover the startup costs alone, you may be entitled to financial assistance.
Finally, Shoryu Ramen is another interesting brand operating in the Restaurant sector. You will need to invest £400,000 to start your own Shoryu Ramen business. At least £200,000 of this substantial amount should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. Eligible candidates may apply for financial aid. Visit our website for details.
Many businesses are already operating in the Restaurant industry. We currently have 88 franchise options available in the sector. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across many different sectors. Enjoy exploring your options.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.