Restaurant, Coffee Shop & Pub Franchise opportunities to start in Folkestone
Folkestone could be home to your new business
The franchising options in Folkestone, located in South East England, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to discover which brands you could work with in Folkestone and Hythe. Have a look at our different franchising opportunities to find the sectors and brands that most appeal to you.
There are 113,000 people in the Folkestone and Hythe region. Residents aged over 60 years old are the most represented within the population. Residents of Folkestone and Hythe have an annual average salary of £29,641. In comparison, the average gross income in the United Kingdom is close to £31,000.
Why the Restaurant industry appeals to franchisees
In the UK, you will find 88 franchises recruiting in the Restaurant industry. We offer nine Coffee, Cafe & Coffee Shop franchises, five Noodle Bar franchises, two Bubble Tea franchises, 11 Fast Food franchises and two Chicken franchises. Take a look at the brands to see if your perfect match is among them. In Folkestone and Hythe, the Hospitality and Food Services industry already provides work for nearly 3,500 people, potentially making this path an ideal one for you, too!
Three brands worth your attention
The Restaurant industry has many franchise options available, such as Las Iguanas. The brand is developing, with 55 locations already in operation, and a desire to expand further. Starting a Las Iguanas business requires a significant initial investment of £700,000. If you intend to get a loan to cover the startup costs, Las Iguanas asks for a personal investment of at least £350,000. For most franchises, this amount represents 30 to 50% of the total investment. 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. If you can't cover the startup costs on your own, you may qualify for financial assistance.
Another brand worth considering is Snappy Tomato Pizza. By joining its 19 franchises already in operation, you could contribute to this company's expansion. A total of £25,000, a reasonable initial investment, is required to open a Snappy Tomato Pizza franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £5,000 of the total investment should come from your personal funds. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. A large premises will also be required to operate this business. By investing in this franchise, you may be eligible for financial support.
Lastly, another option worth considering is Veeno. By joining its current eight franchisees, you would become a part of a growing brand network. In order to open a Veeno business, an initial investment of £80,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Veeno asks for a personal investment of at least £35,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. Financial support is available for eligible franchisees. Visit our website for more information.
If you are thinking about opening a franchise business in the Restaurant industry, you might be interested to explore our 88 available brands. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect business opportunity, there are still plenty of options for you to explore.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.