Restaurant, Coffee Shop & Pub Franchise opportunities to start in Bedford
Bedford: A great location to start a business
If you're considering running your own business in Bedford, located in the East of England, you should look at franchising options. Several brands are currently recruiting in the Bedford area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. Check out our various franchising opportunities to discover the sectors and brands that most appeal to you.
The Bedford area has a population of 172,000 people. Residents aged 40 to 59 years old are the most represented within the population. The local unemployment rate of 3.4% is below par compared to the national average of 4%. The local labour force consists of 84,500 people, representing 79.6% of the population. Residents in the area earn £30,715 per year on average. This income is in line with the country's average gross income, which reaches £30,629.
Business options in the Restaurant industry
Across the United Kingdom, there are 88 franchises in the Restaurant industry. There are three Frozen Yogurt franchises, nine Coffee, Cafe & Coffee Shop franchises, five Noodle Bar franchises, two Food Truck franchises and five Sandwich franchises offering the opportunity to invest. Have a look at our available brands to find a potential match. It may interest you to know that companies in the Bedford area currently employ 4,000 people in the Hospitality and Food Services industry.
Three examples of available franchise business possibilities
If you are interested in opening a business in the Restaurant sector, read about Punch Pubs & Co. Franchisees benefit from this company's wide network, which operates across 1,300 franchise locations. A total of £13,000, an affordable initial investment, is required to start a Punch Pubs & Co franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £8,000 of the total investment should come from your personal funds. These low startup costs make it a good option to pursue for first-time franchisees. A small premises will also be required to operate this business. When investing in this franchise, you could qualify for financial aid.
Another brand worth considering is Rocket's. This brand is growing, counting 49 locations in the United Kingdom. A substantial initial investment of £200,000 will enable you to start your own Rocket's business. In most cases, your personal investment should represent 30 to 50% of the total amount. Rocket's requires you to personally invest at least £170,000. 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. If eligible, you might be entitled to financial assistance.
Finally, Crepe Delicious is another successful business operating in the Restaurant sector. By joining its 25 franchises already in operation, you could contribute to this brand's expansion. To start your business, you will need an initial investment of £80,000. If you plan on getting 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 Crepe Delicious, the minimum personal investment is £50,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. Eligible candidates may apply for financial aid. Visit our website for details.
If you are interested in the Restaurant sector and want to discover more franchising options, take a look at the 88 brands available in this sector. Point Franchise offers a total of 236 franchising options across many different sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.