Restaurant, Coffee Shop & Pub Franchise opportunities to start in Hitchin
Hitchin is an attractive town to invest in
You could start your own business by becoming a franchisee in Hitchin. There are a number of franchise options to choose from in North Hertfordshire, located in the East of England. Take a look at our range of brands and start managing your own business with a team behind you. If you already know which line of work you'd like to pursue, check out our franchise opportunities in that sector. If not, have a browse and see what other options catch your eye. We have businesses to suit many different interests and career goals.
There are approximately 133,000 people currently living in North Hertfordshire. When broken down by age group, the 40-59 age range is the most prevalent in the population. In terms of employment, the area has an economically active population of 68,400 people (83.9%), of which the unemployment rate is 3.7%. This figure is in line with the average unemployment rate across the United Kingdom. For the North Hertfordshire area, the average income is £35,383, which is higher than the national average salary of just over £30,500.
Why the Restaurant sector might be a good option for you
There are 88 brands currently recruiting franchisees in the Restaurant sector. If this sector appeals to you, check them out. Among the business opportunities in this sector, you will find two Burger franchises, five Noodle Bar franchises, nine Coffee, Cafe & Coffee Shop franchises, 11 Fast Food franchises and three Juice Bar franchises. The perfect business to suit your career goals and aspirations might just be among them. Many companies in North Hertfordshire already operate in the Hospitality and Food Services industry, which employs 4,000 people. You would be joining a well-established business community.
Eager to find out more? Here are three franchise business examples
If you are interested in running a business in the Restaurant industry, read about Rocket's. There are 49 locations open so far, and the network is expanding. To open your own Rocket's franchise, you will need to invest £200,000, of which at least £170,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. 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. Also, if you can't afford the startup costs alone, you may be entitled to financial assistance.
Punch Pubs & Co could be another good option for you to invest in. The brand has expanded over time and now operates in 1,300 different locations. You will need to invest £13,000 to start operating your own Punch Pubs & Co business, which is an affordable initial investment. Your personal investment should account for at least £8,000 of the total amount. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. You will also need to invest in a small premises to operate this business. If you can't afford the startup costs on your own, you may qualify for financial aid.
Finally, another option worth considering is Snappy Tomato Pizza. This brand is developing, counting 19 outlets in the UK. You will need to invest £25,000 to start your own Snappy Tomato Pizza business. At least £5,000 of this affordable amount should come from your own personal investment. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. You will also need to invest in a large premises to operate this business. When investing in this franchise, you could be eligible for financial aid. Visit our website for details.
Eager to read more about business opportunities in the Restaurant sector? Explore our 88 available options. With almost 250 new business investment opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.