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What to know before opening a business in Leicester

Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our selection of brands in Leicester, located in the Leicester area in the East Midlands, where many companies are currently recruiting. We offer a variety of realistic new business investment options, so that you can find one you like.

An estimated 355,000 people currently live in Leicester. The population's most prevalent age group is made up of 20-39 year olds. The local unemployment rate of 5% among 177,000 economically active people, or 74.8% of the population, is slightly higher than the average in the United Kingdom. Salaries in Leicester average ?23,290 a year, while in the UK the average income is close to ?31,000.

Why the Restaurant industry might be a good option for you

There are 88 brands currently recruiting franchisees in the Restaurant industry. If this sector appeals to you, check them out. There are currently two Chicken franchises, five Sandwich franchises, 11 Fast Food franchises, two Bubble Tea franchises and four Halal franchises recruiting franchisees. Have a look to see whether any fit your career goals and aspirations. Many businesses in Leicester already operate in the Hospitality and Food Services industry, which employs 9,000 people. You would become a part of a well-established business community.

Check out three available franchise opportunities

If you are interested in opening a franchise in the Restaurant industry, Thai Express could be an option for you. The brand runs in 300 franchise locations which make up a well-established business network. This business opportunity requires a substantial initial investment of ?150,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Thai Express asks for a minimum personal investment of ?50,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. If you can't afford the startup costs on your own, you may qualify for financial assistance.

Have a look at Shoryu Ramen. By joining its network of 13 franchisees, you could contribute to this brand's success. Starting a Shoryu Ramen business requires a significant initial investment of ?400,000. At least ?200,000 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. A small premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible.

Lastly, Wolf is another interesting brand operating in the Restaurant sector. You will need to invest ?200,000 to open your own Wolf business. At least ?100,000 of this substantial amount 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. You will also need to invest in a large premises to operate this business. By investing in this established brand, you could be eligible for financial aid. Visit our website for details.

The Restaurant sector currently offers 88 franchising opportunities. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.

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