Restaurant, Coffee Shop & Pub Franchise opportunities to start in Trowbridge
Thinking about living and working in Trowbridge?
If you're considering running your own business in Trowbridge, located in Wales, you should explore franchising options. Several companies are currently recruiting in the Cardiff 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. Browse our extensive possibilities in order to find the right brand for you, and you'll be one step closer to starting your own business.
Recent figures show that 364,000 people live in Cardiff. The 20-39 age range makes up the majority of the population. In terms of employment, the area has an economically active population of 193,900 people (78.6%), of which the unemployment rate is 3.4%. This figure is lower than the average unemployment rate in the United Kingdom. The gross annual salary in Cardiff amounts to £28,660, which is slightly lower than the national average of just over £30,500.
Does the Restaurant industry appeal to you?
There are 88 brands offering franchise opportunities in the Restaurant sector. There are five Sandwich franchises, four Halal franchises, nine Coffee, Cafe & Coffee Shop franchises, 14 Takeaway franchises and three Frozen Yogurt franchises recruiting at this time. Our selection is likely to have an option that suits your career goals and aspirations.
Three franchise businesses worth reading about
If you are interested in opening a business in the Restaurant industry, read about Thai Express. The brand's network is vast, counting 300 outlets in the UK. You will need an initial investment of £150,000 to start your own Thai Express business. Your personal investment should account for at least £50,000 of the total amount. You may want to think about getting a loan to start a business in this sector. 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. If you can't afford the startup costs on your own, you could see if you qualify for financial aid.
Wok&Go is an interesting investment opportunity in the Restaurant industry. The brand is growing, with 26 locations already in operation, and a desire to expand further. This business requires a significant initial investment of £200,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Wok&Go business is £100,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
Lastly, another option to consider is Shoryu Ramen. By joining its network of 13 franchisees, you could play a part in this brand's success. This business opportunity requires a substantial initial investment of £400,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Shoryu Ramen asks for a minimum personal investment of £200,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. A small premises will also be required to operate this business. By investing in this franchise, you may qualify for financial support. Visit our website for more information.
Eager to read more about business opportunities in the Restaurant sector? Check out our 88 available options. Point Franchise currently has a total of almost 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.