Restaurant, Coffee Shop & Pub Franchise opportunities to start in Hertford
What to consider when opening a franchise in Hertford
Would you like to start a business in Hertford, located in the East of England? Would you like to work for yourself but not on your own? If so, check out our franchising options. On this page, you'll find various companies offering the training and support you need to run your own business in the East Hertfordshire area. With your interests and business objectives in mind, have a look at our range of new business investment opportunities.
An estimated 148,000 people currently live in East Hertfordshire. The 40-59 age group has the highest concentration within the population. East Hertfordshire has an unemployment rate of 1.9% within its labour force of 70,700 people. This rate is very low compared to the national average. The region's average gross annual income of £48,836 is significantly higher than the average income of £30,629 across the United Kingdom.
Why choose to work in the Restaurant sector?
If you're interested in becoming a franchisee in the Restaurant sector, have a look at our 88 franchise options currently available in the field. With two Chicken franchises, three Juice Bar franchises, five Noodle Bar franchises, three Pub & Bar franchises and 14 Takeaway franchises, this sector has great potential for exciting business plans. See if there's a brand to suit your goals and interests. You may be interested to know that businesses in the East Hertfordshire area currently employ 5,000 people in the Hospitality and Food Services industry.
Eager to find out more? Here are three franchise business examples
Wolf could be a great choice for you if you're interested in the Restaurant industry. By joining its current four franchisees, you would become a part of a growing brand network. You will need to invest £200,000 to start your own Wolf business. At least £100,000 of this substantial amount should come from your own personal investment. Given these higher startup costs, this is 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.
Another brand worth considering is Esquires Coffee. First launched in 2000, Esquires Coffee has proved itself to be a successful business and leader in the field in its 20 years since opening. The brand operates in 103 franchise locations which make up a strong business community. You will need an initial investment of £225,000 to open your own Esquires Coffee business. Your personal investment should account for at least £85,000 of the total amount. You may want to think about getting a loan to open a business in this sector. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You could also benefit from financial aid, if eligible.
As a final Restaurant franchise option, take a look at Las Iguanas. There are 55 outlets open so far, and the network is expanding. In order to start a Las Iguanas business, a significant initial investment of £700,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Las Iguanas requires a personal investment of at least £350,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial assistance, if eligible. See our website for more information.
Many businesses are already operating in the Restaurant industry. We currently have 88 franchise options available in the sector. Point Franchise offers a total of 236 franchising opportunities across many different sectors. So, if you're still looking 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.