Restaurant, Coffee Shop & Pub Franchise opportunities to start in Grimsby
What can Grimsby offer to new businesses?
The North East Lincolnshire area offers many interesting business opportunities. If you are interested in opening your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Grimsby. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and business objectives.
Approximately 160,000 people currently live in North East Lincolnshire. The 60+ age range has the highest concentration in the population. The community has a 5.5% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's labour force consists of 71,600 people or 74.9% of the total population. The United Kingdom's annual average income is just over £30,500. Salaries in North East Lincolnshire are slightly lower in comparison, averaging £25,316 a year.
Why the Restaurant industry might be a good option for you
There are 88 brands offering franchise opportunities in the Restaurant industry. Available brands include 14 Takeaway franchises, two Food Truck franchises, nine Coffee, Cafe & Coffee Shop franchises, three Pub & Bar franchises and three Juice Bar franchises. You are likely to find a business that fits your career goals and aspirations among our multiple investment possibilities. If you're interested in the Hospitality and Food Services industry, you're not alone. In North East Lincolnshire, 4,500 people currently work in the industry.
Want to know more? Read about these three brands
If you would like to invest in the Restaurant industry, Shoryu Ramen could be a good option. The brand is growing, with 13 locations already in operation, and a desire to expand further. To start your business, you will need an initial investment of £400,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Shoryu Ramen, the minimum personal investment is £200,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. You may be eligible for financial aid.
Wok to Walk is another successful brand operating in the Restaurant sector. By joining its 95 franchises already in operation, you could contribute to this company's expansion.
Finally, Caprinos Pizza could be another good option for you to invest in. This brand is developing, counting 16 outlets across the UK. You will need an initial investment of £65,000 to open your own Caprinos Pizza business. Your personal investment should account for at least £50,000 of the total amount. You may want to consider getting a loan to start a business in this sector. It is thus less appropriate for new investors. A large premises will also be required to operate this business. You could also receive financial assistance, if eligible. Visit our website for details.
Eager to read more about business opportunities in the Restaurant industry? Explore our 88 available options. Point Franchise offers a total of 236 franchising options across a variety of sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.