Restaurant Franchise opportunities to start in Mansfield
Investing in Mansfield could be your next move
Many brands are currently looking for franchisees in Mansfield, located in Scotland. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the East Ayrshire area. We offer a variety of realistic new business investment possibilities, so that you can find one you like.
There are 122,000 people living in the East Ayrshire area. The majority of residents are aged 40 to 59 years old. The local unemployment rate of 4.6% among 58,300 economically active people, or 77.9% of the population, is slightly higher than the average in the UK. The region's average gross annual income of £26,792 is slightly lower than the average income of £30,629 across the UK.
Running a franchise in the Casual Dining sector
If the idea of running a business in the Casual Dining sector appeals to you, check out the 15 brands currently recruiting franchisees in the field. The Casual Dining sector is just one sector among many in the Restaurant services sector. Its five Noodle Bar franchises, two Burger franchises, two Food Truck franchises, three Juice Bar franchises and two Bubble Tea franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting franchising opportunity. If you are thinking about joining the Hospitality and Food Services industry, it may interest you to know that 3,000 people have already made the decision to work in this industry in the East Ayrshire area.
Take a look at these three business examples
If you are interested in opening a business in the Casual Dining sector, Wolf could be an option for you. By joining its four franchises already in operation, you could contribute to this brand's expansion. A total of £200,000, a significant initial investment, is required to open a Wolf franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £100,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial assistance, if eligible.
Have a look at Shoryu Ramen, another competitive Casual Dining franchise. The brand is growing, with 13 outlets already in operation, and a desire to expand further. A substantial initial investment of £400,000 will enable you to start your own Shoryu Ramen business. In most cases, your personal investment should represent 30 to 50% of the total amount. Shoryu Ramen requires you to personally invest at least £200,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. Also, if you can't afford the startup costs alone, you may be entitled to financial aid.
Finally, Veeno is an interesting franchise option in the Casual Dining sector. By joining its current eight franchisees, you would be joining a growing brand network. Opening a Veeno franchise will require you to invest a minimum of £80,000. At least £35,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. If eligible, you might be able to benefit from financial aid. Visit our website for details.
The Casual Dining sector offers many interesting investment opportunities, including our 15 franchise options. If you're curious about investment options in other sectors, we've got a total of close to 250 franchising opportunities to choose from on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.