Restaurant, Coffee Shop & Pub Franchise opportunities to start in Canterbury
What to consider when starting a franchise in Canterbury
Would you like to run your own business? Canterbury, located in the South East of England, could be a good place to start. There are many brands currently recruiting franchisees in the Canterbury area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. To start off with, look for the line of work that appeals to you the most. This is a quick way to find the brand best suited to you.
Recent figures show that Canterbury has a population of 165,000 people. The population's most prevalent age group is made up of 20-39 year olds. Unemployment in the area (2.4%) is very low compared to the UK as a whole (4%). The labour force represents 71.0% of the local population, or 73,500 people. Residents in the area earn £31,483 per year on average. This income is in line with the country's average gross salary, which reaches just over £30,500.
Running a Restaurant franchise business
If you want to run your own business in the Restaurant sector, the good news is that there are 88 franchises currently recruiting new franchisees across the country. Available brands include two Food Truck franchises, two Burger franchises, 11 Fast Food franchises, 14 Takeaway franchises and three Frozen Yogurt franchises. You are likely to find a business that fits your career goals and aspirations among our multiple investment options. Many companies in Canterbury already work in the Hospitality and Food Services industry, which employs 6,000 people. You would be joining a well-established business community.
Check out three available franchise opportunities
Snappy Tomato Pizza is an interesting business operating in the Restaurant industry. Opening a Snappy Tomato Pizza franchise will require you to invest a minimum of £25,000. At least £5,000 of this should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs alone, you may be entitled to financial assistance.
Rocket's is another competitive brand operating in the Restaurant industry. This business opportunity requires a substantial initial investment of £200,000. 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. Rocket's requires a minimum personal investment of £170,000. It is thus less appropriate for new investors. Financial aid can be given in some circumstances.
Finally, you could also consider Caprinos Pizza. By joining its 16 franchises already in operation, you could contribute to this company's expansion. In order to open a Caprinos Pizza business, an initial investment of £65,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Caprinos Pizza asks for a personal investment of at least £50,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you may qualify for financial aid. Visit our website for more information.
Many businesses are already operating in the Restaurant industry. We currently have 88 franchise options available in the sector. If you are still not sure which sector best suits your needs, have a look through our range of 236 new business investment opportunities across a variety of sectors on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.