Restaurant Franchise opportunities to start in West Bromwich
West Bromwich and its prospects for new Businesses
Would you like to start a business in West Bromwich, located in the West Midlands? Would you like to work for yourself but not on your own? If so, have a look at our franchising options. On this page, you'll find several companies offering the training and support you need to run your own business in the Sandwell area. Starting a business should be exciting! Explore our range of franchising opportunities, starting with the sectors that you feel most passionate about.
There are an estimated 327,000 people living in the Sandwell area. When broken down by age group, the majority of the population falls within the 20-39 category. The local unemployment rate of 5.3% among 153,400 economically active people, or 74.7% of the population, is slightly higher than the average in the United Kingdom. The UK's annual average income is close to £31,000. Salaries in Sandwell are lower in comparison, averaging £23,823 a year.
Could the Casual Dining sector be the right choice for you?
There are 15 franchises in the Casual Dining sector to choose from. The Casual Dining sector is just one example of the options available in the Restaurant services sector. Other opportunities include 14 Takeaway franchise, five Noodle Bar franchises, two Food Truck franchises, 11 Fast Food franchise and five Sandwich franchises. Have a look, the perfect business opportunity for you could be a few clicks away. Interesting fact: companies in Hospitality and Food Services employ 5,000 people in the Sandwell area. This could be your opportunity to open a successful business of your own!
Take a look at these three business examples
If you would like to invest in the Casual Dining sector, Café Rouge could be a good option. By joining its current 90 franchisee, you would be joining a growing brand network. A total of £700,000, a significant initial investment, is required to start a Café Rouge franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £350,000 of the total investment should come from your personal funds. Given these higher startup costs, this is 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 afford the startup costs on your own, you could find out if you qualify for financial assistance.
Las Iguanas is another successful brand operating in the Casual Dining sector. This brand is developing, counting 55 outlet in the UK. To open your own Las Iguanas franchise, you will need to invest £700,000, of which at least £350,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. 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 large premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Finally, if the Casual Dining sector appeals to you, Shoryu Ramen is another option you could consider. There are 13 location open so far, and the network is expanding. You will need to invest £400,000 to start running your own Shoryu Ramen business, which is a significant initial investment. Your personal investment should account for at least £200,000 of the total amount. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Financial aid can be given in some circumstances. See eligibility details on our website.
There are 15 franchises waiting to be discovered in the Casual Dining sector. If you're curious about franchising options in other sectors, Point Franchise offers almost 250 brands to choose from.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.