Page 3 - Restaurant Coffee Shop Pub Franchise Opportunities Haverhill

Haverhill: A great location to start a business

Are you thinking about opening a franchise? Haverhill, in the East of England, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while managing your own business. Take a look at the brands currently recruiting in Suffolk. Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.

The population of Suffolk is 759,000. Residents aged over 60 years old are the most represented within the population. Suffolk has an unemployment rate of 2.4% within its labour force of 350,800 people. This rate is very low compared to the UK average.

Running a franchise in the Restaurant sector

Are you interested in the Restaurant industry? If so, there are 88 available brands to choose from across the UK. With five Noodle Bar franchises, two Food Truck franchises, nine Coffee, Cafe & Coffee Shop franchises, four Pizza franchises and three Pub & Bar franchises, this field has great potential for exciting investment opportunities. See if there's a brand to suit your goals and interests. In the Suffolk area, the Hospitality and Food Services industry provides work for 24,000 people.

Eager to know more? Here are three franchise business examples

First established in 1988, Auntie Anne's is a competitive business operating in the Restaurant sector. The company has built strong customer loyalty over the past 32 years. A network of 2,000 franchisees promotes the brand's exposure. A total of ?145,000, a significant initial investment, is required to start an Auntie Anne's franchise. You might want to consider getting a loan to cover the startup costs, in which case at least ?40,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees. If you can't cover the startup costs on your own, you may be eligible for financial assistance.

Another possibility to consider is Bubbleology. The brand has been operating since 2015. There are 69 outlets open so far, and the network is expanding rapidly. In order to start a Bubbleology business, a significant initial investment of ?120,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Bubbleology asks for a personal investment of at least ?36,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.

The Restaurant industry has many brands worth considering. As a final example, have a look at Snappy Tomato Pizza. By joining its current 19 franchisees, you would be joining a growing brand network. Opening a Snappy Tomato Pizza business requires a reasonable initial investment of ?25,000. At least ?5,000 should come from your own personal investment. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. Financial aid can be given in some circumstances. See our website for details.

The Restaurant sector currently has 88 franchising opportunities. At Point Franchise, we are proud to offer almost 250 franchise options across many sectors, helping you find the perfect business opportunities for you.