Restaurant Franchise opportunities to start in Eccles
What can Eccles offer to new businesses?
If you want to start a business in Eccles, working for yourself but not on your own, then check out our franchising opportunities in Scotland. On this page, you will find a variety of brands to choose from for becoming a franchisee in the Scottish Borders area and across the UK. We offer a number of realistic new business investment options, so that you can find one you like.
Scottish Borders has a population of approximately 115,000 people. The most prevalent age group in the population falls in the 60+ age bracket. In terms of employment, the region has an economically active population of 53,300 people (78.8%), of which the unemployment rate is 3.2%. This figure is lower than the average unemployment rate across the UK. Residents in the area earn £26,777 per year on average. This income is slightly lower than the national average gross income, which reaches just over £30,500.
Why Casual Dining businesses appeal to franchisees
Across the UK, there are currently 15 opportunities to open your own franchise in the Casual Dining sector. Bear in mind that the potential for exciting business ventures in the Restaurant services sector is not limited to the Casual Dining sector. Other available investment opportunities include three Frozen Yogurt franchises, two Bubble Tea franchises, two Food Truck franchises, four Halal franchises and two Chicken franchises. See if there's one to suit your business goals. If you would like to work in the Hospitality and Food Services industry, you may be interested to know that, in the Scottish Borders area, 3,000 people currently work in the industry.
Want to know more? Read about these three brands
Veeno is an interesting business operating in the Casual Dining sector. Starting 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. 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. If eligible, you might be able to benefit from financial aid.
Shoryu Ramen is another interesting option. There are 13 locations open so far, and the network is expanding. This business requires a significant initial investment of £400,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Shoryu Ramen business is £200,000. 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. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Finally, Las Iguanas is another attractive brand operating in the Casual Dining sector. To start your business, you will need an initial investment of £700,000. 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 usually be required. For Las Iguanas, the minimum personal investment is £350,000. 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. By investing in this franchise, you may qualify for financial support. Visit our website for details.
The Casual Dining sector currently offers 15 franchising opportunities. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a range of sectors to help you find your perfect investment opportunity.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.