Restaurant, Coffee Shop & Pub Franchise opportunities to start in Herne Bay
Why should you invest in Herne Bay?
Discover the business options waiting for you in Herne Bay, situated in South East England. On this page you'll find a selection of brands that could make you a franchisee in the Canterbury area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. We offer a number of franchises to suit a variety of budgets and career goals. Take a look at our range of brands and sectors to see what might suit you.
Canterbury has an estimated population of 165,000 people. The most prevalent age group in the population falls within the 20-39 age bracket. The community has a 2.4% unemployment rate, which is significantly lower than the national average of 4%. Overall, the region's labour force consists of 73,500 people or 71.0% of the total population. With an average gross annual income of £31,483, salaries in Canterbury are in line with the average income of close to £31,000 across the United Kingdom.
Why open a business in the Restaurant industry?
Across the UK, there are currently 88 opportunities to run your own franchise in the Restaurant industry. Available brands include two Food Truck franchises, three Frozen Yogurt franchises, five Sandwich franchises, two Chicken franchises and five Noodle Bar franchises. You are likely to find a business that fits your career goals and aspirations among our multiple investment opportunities. If you want to operate a business in the Hospitality and Food Services industry, it could be useful to know that companies in the field currently employ 6,000 people in the Canterbury area.
Three franchises that could interest you
If you would like to invest in the Restaurant industry, Caprinos Pizza could be a good option. By joining its 16 franchises already in operation, you could contribute to this brand's expansion. Starting a Caprinos Pizza business requires an initial investment of £65,000. If you intend to get a loan to cover the startup costs, Caprinos Pizza asks for a personal investment of at least £50,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Subway® is an interesting franchising opportunity in the Restaurant sector. First established in 2001, Subway® now has over 19 years of experience under its belt. The brand has grown over time and now runs in 2,500 different locations. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
Lastly, another possibility to consider is Las Iguanas. There are 55 outlets open so far, and the network is expanding. A significant initial investment of £700,000 will enable you to open your own Las Iguanas business. In most cases, your personal investment should represent 30 to 50% of the total amount. Las Iguanas requires you to personally invest at least £350,000. You could potentially apply for a loan to cover the remaining costs. The higher startup costs make this 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. You may qualify for financial assistance. See our website for more information.
There are currently 88 new business investment opportunities available in the Restaurant industry. If you're curious about investment options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.