Restaurant, Coffee Shop & Pub Franchise opportunities to start in Hereford
Hereford and its prospects for new Businesses
Discover the business options waiting for you in Hereford, situated in the West Midlands. On this page you'll find a selection of brands that could make you a franchisee in the Herefordshire area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. To start off with, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
The Herefordshire region has 192,000 residents. Residents aged over 60 years old are the most represented in the population. The region has 93,100 economically active people, representing 85.1% of the population, with an unemployment rate of 2.5%. This rate is significantly lower than the country's 4% national average. With an average gross annual income of £25,778, salaries in Herefordshire are slightly lower than the average income of close to £31,000 across the United Kingdom.
Why the Restaurant industry appeals to franchisees
Are you interested in running your own business in the Restaurant sector? Have a look at our 88 franchise opportunities available in this sector. Could your ideal business be among our nine Coffee, Cafe & Coffee Shop franchises, five Sandwich franchises, four Halal franchises, two Burger franchises and 14 Takeaway franchises? Have a look to find out. In Herefordshire, the Hospitality and Food Services industry already provides work for nearly 5,000 people, potentially making this path an ideal one for you, too!
Three franchise businesses worth reading about
If you are interested in opening a franchise in the Restaurant industry, Caprinos Pizza could be an option for you. This brand is developing, counting 16 locations across the United Kingdom. Opening 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 is 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. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
Subway®, open since 2001, is another interesting option. With a vast network of 2,500 outlets, the brand knows how to support its franchisees. Subway® has acquired valuable experience in the field in its 19 years since first opening. If you can't afford the startup costs on your own, you may qualify for financial aid.
Lastly, Esquires Coffee could be another good option for you to invest in. First established in 2000, Esquires Coffee now has over 20 years of experience under its belt. By joining its network of 103 franchisees, you would become a part of a well-established business community. Opening an Esquires Coffee business requires a significant initial investment of £225,000. At least £85,000 should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Many businesses are already operating in the Restaurant sector. We currently have 88 franchise options available in the sector. If you're curious about business options in other sectors, we've got a total of 236 franchising opportunities to choose from on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.