Restaurant, Coffee Shop & Pub Franchise opportunities to start in Solihull
Solihull: A great location to start a business
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Solihull, situated in the West Midlands, could be a good place to start as there are many businesses currently recruiting franchisees in the Solihull area. Starting a business should be exciting! Have a look at our selection of franchising opportunities, focusing on the sectors that you feel most passionate about.
The Solihull area has a population of 215,000 people. The age group with the highest concentration is 40-59. Approximately 101,800 people are economically active in the area, representing 79.7% of the population. The unemployment rate (3.9%) is comparable to the national average (4%). Residents in the area earn £36,450 per year on average. This income is significantly higher than the country's average gross income, which reaches close to £31,000.
Why the Restaurant industry appeals to franchisees
If you wish to open a business in the Restaurant sector, take a look at our 88 brands currently recruiting franchisees in the sector. You will find a lot of interesting new business investment options, including four Pizza franchises, three Frozen Yogurt franchises, five Sandwich franchises, 11 Fast Food franchises and two Food Truck franchises. Check out the available brands to see if your perfect match is among them. If you are thinking about starting a business in Hospitality and Food Services, Solihull could be a good place to do it. Indeed, 9,000 people have already made the decision to work in this industry in the Solihull area.
Three examples of available franchise business options
The Restaurant sector offers a range of brands to choose from, including Subway®. Launched in 2001, Subway® now has over 19 years of experience under its belt. With a vast network of 2,500 outlets, the brand knows how to support its franchisees. When investing in this franchise, you could be eligible for financial assistance.
Shoryu Ramen could be another good option for you to invest in. By joining its current 13 franchisees, you would be joining a growing brand network. A significant initial investment of £400,000 will enable you to start your own Shoryu Ramen business. In most cases, your personal investment should represent 30 to 50% of the total amount. Shoryu Ramen requires you to personally invest at least £200,000. You could potentially apply for a loan to cover the remaining costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A small premises will also be required to operate this business. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
Finally, if the Restaurant sector appeals to you, Auntie Anne's is another option you could consider. First established in 1988, Auntie Anne's has been operating for 32 years and has acquired many loyal customers as a result. A network of 2,000 franchisees promotes the brand's visibility. Opening an Auntie Anne's business requires a substantial initial investment of £145,000. If you plan on getting a loan to cover the startup costs, Auntie Anne's asks for a personal investment of at least £40,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. Financial aid can be given in some circumstances. See our website for details.
If you would like to find out more about franchise opportunities in the Restaurant sector, have a look through our 88 available options. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across a variety of sectors. Enjoy exploring your options.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.