Restaurant, Coffee Shop & Pub Franchise opportunities to start in Rochester
Starting a new business in Rochester
Discover the business opportunities waiting for you in Rochester, situated in South East England. On this page you'll find a selection of brands that could make you a franchisee in the Medway area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. There are a variety of franchising options available based on your budget and career goals. Have a look to find the brand that appeals to you most.
Recent figures show that Medway has a population of 278,000 residents. Residents aged 20 to 39 years old have the highest concentration within the population. Approximately 142,200 people are economically active in the area, representing 80.7% of the population. The unemployment rate (3.5%) is below par compared to the UK average (4%). Across the UK, the annual gross salary is just over £30,500 on average. In the region of Medway, it averages £30,459.
The Restaurant sector could be the right choice for you
There are 88 brands offering franchise options in the Restaurant sector. We offer five Noodle Bar franchises, 14 Takeaway franchise, three Juice Bar franchises, nine Coffee, Cafe & Coffee Shop franchises and two Chicken franchises. Have a look at the brands to find out if your perfect match is among them. In the Medway area, the Hospitality and Food Services industry provides work for 6,000 people.
Three examples of available franchise business possibilities
If you'd like to open your own Restaurant business, Rooster Shack might be a great option for you. There are two location open so far, and the network is expanding. This business requires a substantial initial investment of £150,000. 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 start a Rooster Shack business is £75,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Financial aid can be provided in some circumstances.
Shoryu Ramen is another interesting investment opportunity if you plan to invest in the Restaurant industry. By joining its current 13 franchisee, you would become a part of a growing brand network. A total of £400,000, a substantial initial investment, is required to open a Shoryu Ramen franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £200,000 of the total investment should come from your personal funds. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. If you can't cover the startup costs on your own, you could see if you qualify for financial assistance.
Lastly, another brand worth considering is Wok to Walk. The brand is developing, with 95 outlet already in operation, and a desire to expand further. You will need to invest in a small premises to operate this business. By investing in this franchise, you may be eligible for financial support. See our website for more information.
If you are thinking about running a franchise business in the Restaurant sector, you might be interested to explore our 88 available brands. On Point Franchise, there is plenty of choice in other sectors too. We have close to 250 new business investment opportunities in total to choose from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.