Restaurant, Coffee Shop & Pub Franchise opportunities to start in Bromsgrove
Why should you invest in Bromsgrove?
If you're considering running your own business in Bromsgrove, located in the West Midlands, you should look at franchising options. Several brands are currently recruiting in the Bromsgrove area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to find out if this could be for you. By exploring the sectors that appeal to you the most, you will find the franchises that best suit your interests and career objectives.
Bromsgrove has an estimated population of 99,000 residents. Residents aged over 60 years old are the most represented within the population. The 4.4% unemployment rate among 48,100 economically active people in the area is slightly higher than the national average. Residents of Bromsgrove have an annual average salary of £33,414. In comparison, the average gross income in the UK is £30,629.
Running a franchise in the Restaurant industry
The Restaurant sector currently offers 88 franchise opportunities. If this sector appeals to you, check out our options. Have a look through our two Food Truck franchises, two Bubble Tea franchises, three Pub & Bar franchises, 11 Fast Food franchises and three Frozen Yogurt franchises to see if any suit your career goals and aspirations. In the Bromsgrove area, the Hospitality and Food Services industry provides employment for 3,000 people.
Three franchise business examples worth looking at
Las Iguanas could be a great choice for you if you're interested in the Restaurant sector. This brand is growing, counting 55 locations in the United Kingdom. A total of £700,000, a substantial initial investment, is required to start a Las Iguanas franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £350,000 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. Eligible candidates may apply for financial aid.
The Restaurant industry has many brands worth considering. Take a look at Snappy Tomato Pizza. The brand is developing, with 19 outlets currently in operation, and a desire to expand further. In order to open a Snappy Tomato Pizza business, an affordable initial investment of £25,000 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. Snappy Tomato Pizza requires a personal investment of at least £5,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Finally, Crepe Delicious is another interesting brand operating in the Restaurant sector. To start your business, you will need an initial investment of £80,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Crepe Delicious, the minimum personal investment is £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 you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for more information.
If you are interested in the Restaurant sector and would like to discover more franchising opportunities, have a look at the 88 brands available in this sector. Whether you've already decided to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of almost 250 franchising opportunities to help you find the perfect fit.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.