Restaurant, Coffee Shop & Pub Franchise opportunities to start in St Albans
St Albans is waiting for you to start a franchise business
Many brands are currently recruiting franchisees in St Albans, located in the East of England. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the St Albans area. With your interests and business goals in mind, have a look at our range of franchising opportunities.
A recent census found that 147,000 people live in St Albans. The most represented age group is 40-59 years old. In terms of employment, the region has a labour force of 73,000 people (79.9%), of which the unemployment rate is 7%. This figure is slightly higher than the average unemployment rate across the UK. In the United Kingdom, the average gross salary is £30,629; in the St Albans area, it is £47,507.
Have you considered the Restaurant industry?
There are 88 franchises in the Restaurant sector to choose from. Have a look through our nine Coffee, Cafe & Coffee Shop franchises, three Frozen Yogurt franchises, two Food Truck franchises, three Juice Bar franchises and five Noodle Bar franchises to see if any suit your career goals and aspirations. The Hospitality and Food Services industry provides employment for many people. In St Albans, companies currently employ 5,000 people in the sector.
Three examples of available franchise business options
There are many interesting franchising possibilities in the Restaurant sector. Take Esquires Coffee for example, a brand that was first established in 2000. The company now has 20 years of experience, making it a leader in the field. By joining its network of 103 franchisees, you would become a part of a strong business community. This business requires a significant initial investment of £225,000. If you plan on getting 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 open an Esquires Coffee business is £85,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Another option to consider is NKD Pizza. By joining its 25 franchises already in operation, you could contribute to this brand's expansion. You will need to invest in a large premises to operate this business. By investing in this established brand, you could qualify for financial aid.
As a final example, take a look at Wok&Go. The brand is developing, with 26 outlets already in operation, and a desire to expand further. To start your business, you will need an initial investment of £200,000. 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 usually be required. For Wok&Go, the minimum personal investment is £100,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. If eligible, you might be able to benefit from financial aid. See eligibility details on our website.
The Restaurant industry has many successful franchise businesses. We currently have 88 options available in this sector. Don't forget that we offer new business investment selections across many different sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of almost 250 franchising options.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.