Restaurant, Coffee Shop & Pub Franchise opportunities to start in West Bromwich
West Bromwich: A great location to start a business
If you want to start your own business, you may find that West Bromwich has a lot to offer. Several companies are currently looking for franchisees in the Sandwell area. Keep reading to see if running a franchise could be a good option for you! Starting a business should be exciting! Have a look at our range of franchising opportunities, starting with the sectors that you feel most passionate about.
The population of Sandwell is made up of 327,000 residents. When broken down by age group, the majority of the population falls within the 20-39 category. Unemployment affects 4% of the UK population. With a rate of 5.3%, unemployment in this area is slightly higher than the national average. The economically active population amounts to 153,400 people, representing 74.7% of the population. Sandwell has an average annual salary of £23,823. This salary is lower than the rest of the United Kingdom, which has an average income of close to £31,000.
Why the Restaurant industry might be a good option for you
Are you interested in the Restaurant industry? If so, there are 88 available brands to choose from across the UK. With nine Coffee, Cafe & Coffee Shop franchises, three Frozen Yogurt franchises, two Chicken franchises, three Juice Bar franchises and five Sandwich franchises, this sector has great potential for exciting business plans. See if there's a brand to suit your goals and interests. If you're interested in the Hospitality and Food Services industry, you're not alone. In Sandwell, 5,000 people currently work in the industry.
Have a look at three franchise business examples
If you are interested in opening a franchise in the Restaurant industry, Auntie Anne's could be an option for you. In business since 1988, Auntie Anne's has grown a dedicated following since opening 32 years ago. Franchisees benefit from this brand's wide network, which operates across 2,000 franchise locations. You will need an initial investment of £145,000 to open your own Auntie Anne's business. Your personal investment should account for at least £40,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Due to the higher startup costs, this option is not recommended for first-time franchisees. An investment in this franchise entitles you to financial aid, if eligible.
Rooster Shack is an interesting franchise option in the Restaurant industry. There are two outlet open so far, and the network is expanding. A substantial initial investment of £150,000 will enable you to open your own Rooster Shack business. In most cases, your personal investment should represent 30 to 50% of the total amount. Rooster Shack requires you to personally invest at least £75,000. You could potentially get a loan to cover the remaining costs. The higher startup costs make this 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.
Finally, another interesting investment opportunity is Café Rouge. By joining its current 90 franchisee, you would be joining a growing brand network. You will need to invest £700,000 to start operating your own Café Rouge business, which is a significant initial investment. Your personal investment should account for at least £350,000 of the total amount. It is thus less appropriate for new investors. Financial assistance can be given in some circumstances. See eligibility details on our website.
Opening a business in the Restaurant sector has great potential. If you're interested, check out our 88 available options. On Point Franchise, there is plenty of choice in other sectors as well. We have close to 250 franchising opportunities in total to choose from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.