Restaurant, Coffee Shop & Pub Franchise opportunities to start in Stevenage

Stevenage and its prospects for new Businesses

Many brands are currently recruiting franchisees in Stevenage, located in the East of England. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Stevenage area. Explore our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to starting your own business.

Stevenage has an estimated population of 88,000 residents. The population's most prevalent age group is made up of 20-39 year olds. Stevenage has an unemployment rate of 3% within its labour force of 46,300 people. This rate is below par compared to the national average. Residents in the area earn £28,369 per year on average. This income is slightly lower than the country's average gross income, which reaches just over £30,500.

Investment options in the Restaurant industry

Are you interested in running your own business in the Restaurant industry? Have a look at our 88 franchise opportunities available in this sector. You can choose an investment opportunity from nine Coffee, Cafe & Coffee Shop franchises, 11 Fast Food franchises, three Frozen Yogurt franchises, five Sandwich franchises and five Noodle Bar franchises. Let our selection of brands be your guide to starting your next exciting franchising opportunity.

Check out these three business examples

There are many interesting franchising possibilities in the Restaurant industry. Take Rocket's for example. By joining its 49 franchises already in operation, you could contribute to this company's expansion. You will need to invest £200,000 to open your own Rocket's business. At least £170,000 of this significant amount should come from your own personal investment. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. If you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.

The Restaurant sector has many brands worth considering. Take a look at Veeno. By joining its network of eight franchisees, you could contribute to this brand's success. To open your own Veeno franchise, you will need to invest £80,000, of which at least £35,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business.

Finally, Subway® is another competitive brand operating in the Restaurant sector. The first franchise launched in 2001. Subway® now has over 19 years of experience under its belt. By investing in this franchise, you may qualify for financial support. See our website for more information.

If you would like to learn more about franchise opportunities in the Restaurant sector, have a look through our 88 available options. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across many different sectors. Enjoy exploring your options.

This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.