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

Investing in a franchise in Gravesend

Gravesend, located in the East of England, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the East Hertfordshire area. Browsing our range of companies and sectors will allow you to pinpoint the type of business that is right for you.

There are approximately 148,000 people currently living in East Hertfordshire. When broken down by age group, the majority of the population sits within the 40-59 category. The economically active population in East Hertfordshire amounts to 70,700 people, with an unemployment rate of 1.9%. This rate is significantly lower than the national average. Across the UK, the average gross salary is close to £31,000. In the East Hertfordshire area, it amounts to £48,836.

Why open a business in the Restaurant sector?

Are you interested in the Restaurant industry? If so, there are 88 available brands to choose from across the country. There are three Frozen Yogurt franchises, 14 Takeaway franchises, two Chicken franchises, three Pub & Bar franchises and two Burger franchises offering franchising opportunities. You'll find opportunities to suit all kinds of career objectives and aspirations. If you are thinking about starting a business in Hospitality and Food Services, East Hertfordshire could be a good place to do it. Indeed, 5,000 people have already made the decision to work in this sector in the East Hertfordshire area.

Eager to know more? Here are three franchise business examples

If working in the Restaurant industry appeals to you, take a look at Punch Pubs & Co. It is now firmly rooted in the market, counting 1,300 franchise outlets. This business opportunity requires an affordable initial investment of £13,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Punch Pubs & Co asks for a minimum personal investment of £8,000. These low startup costs make this a good franchising option for first-time franchisees.

Another option to consider is Snappy Tomato Pizza. By joining its 19 franchises already in operation, you could contribute to this brand's expansion. To start your business, you will need an initial investment of £25,000. 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 typically be required. For Snappy Tomato Pizza, the minimum personal investment is £5,000. These low startup costs make this a good franchising option for first-time franchisees. A large premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support.

Finally, Wok to Walk could be another good option for you to invest in. The brand is developing, with 95 locations currently in operation, and a desire to expand further. Financial assistance can be provided in some circumstances. Visit our website for details.

If you want to work in the Restaurant industry, the perfect business opportunity could be waiting for you among our 88 available franchises in the sector. With almost 250 new business investment opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.

This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.