Restaurant, Coffee Shop & Pub Franchise opportunities to start in Warwick
Warwick and its prospects for new Businesses
If you're interested in running your own business in Warwick, located in the West Midlands, you should look at franchising options. Several companies are currently recruiting in the Warwick area. As a franchisee you could manage your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. We offer a variety of realistic new business investment opportunities, so that you can find one you like.
The population of Warwick is 142,000. The majority of the population sits within the 20-39 age category. The 1.8% unemployment rate among 71,800 economically active people in the region is significantly lower than the national average. In the UK, the average gross salary is close to £31,000; in the Warwick area, it is £36,121.
Why the Restaurant sector might be a good option for you
Are you interested in the Restaurant sector? If so, there are 88 available franchises to choose from across the country. With three Frozen Yogurt franchises, five Noodle Bar franchises, nine Coffee, Cafe & Coffee Shop franchises, 11 Fast Food franchise and three Pub & Bar franchises, this field has great potential for exciting business ventures. See if there's a brand to suit your goals and interests. In Warwick, the Hospitality and Food Services industry already provides work for nearly 6,000 people, potentially making this path an ideal one for you, too!
Want to know more? Read about these three brands
Thai Express is a competitive business operating in the Restaurant industry. The brand's network is made up of 300 franchisees, which increase its visibility. You will need to invest £150,000 to start operating your own Thai Express business, which is a significant initial investment. Your personal investment should account for at least £50,000 of the total amount. 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 alone, you may be entitled to financial aid.
You could also have a look at Bubbleology, which has been operating since 2015. By joining its current 69 franchisee, you would be joining a fast growing brand network. Opening a Bubbleology franchise will require you to invest a minimum of £120,000. At least £36,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Lastly, another interesting franchising opportunity is Wolf. There are four location open so far, and the network is expanding. Starting a Wolf business requires a significant initial investment of £200,000. If you plan on getting a loan to cover the startup costs, Wolf asks for a personal investment of at least £100,000. 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. If you make the decision to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria. Visit our website for more information.
If you would like to check out more new business investment options in the Restaurant industry, we currently have 88 available opportunities. Plus, with almost 250 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the right brand for you.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.