Restaurant, Coffee Shop & Pub Franchise opportunities to start in London
Investing in London could be your next move
Would you like to run your own business? London, located in the London Region, could be a good place to start. There are many businesses currently recruiting franchisees in the London area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
Recent figures show that 8,908,000 people live in London. When broken down by age group, 20-39 year olds represent the largest portion of the population. The local unemployment rate of 4.6% among 4,739,500 economically active people, or 78.1% of the population, is slightly higher than the average in the UK. The average gross salary in the United Kingdom is just over £30,500. Residents of London earn £41,220 a year on average.
Could the Restaurant sector be the right choice for you?
In the United Kingdom, there are 88 franchises recruiting in the Restaurant sector. You will find five Sandwich franchises, 14 Takeaway franchises, five Noodle Bar franchises, nine Coffee, Cafe & Coffee Shop franchises and 11 Fast Food franchises offering the opportunity to invest. Explore our available brands to find a potential match. Interesting fact: companies in Hospitality and Food Services employ 436,000 people in the London area. This could be your opportunity to open a successful business of your own!
Have a look at three franchise business examples
Crepe Delicious operates in the Restaurant sector. This brand is expanding, counting 25 outlets in the United Kingdom. To start your business, you will need an initial investment of £80,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Crepe Delicious, the minimum personal investment is £50,000. 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. An investment in this franchise entitles you to financial assistance, if eligible.
You could also have a look at Rocket's. There are 49 locations open so far, and the network is expanding. Starting a Rocket's franchise will require you to invest a minimum of £200,000. At least £170,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business.
Lastly, Wolf is another attractive brand operating in the Restaurant sector. To start your own Wolf franchise, you will need to invest £200,000, of which at least £100,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. Also, if you can't cover the startup costs alone, you may be entitled to financial aid. See our website for more information.
We offer a total of 88 businesses in the Restaurant industry. If you're interested, see if the right franchising opportunity for you is among them. Point Franchise has close to 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.