Restaurant Franchise opportunities to start in Bolton
Bolton is an attractive city to invest in
Bolton, located in the North West of England, offers a number of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Bolton area. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and business objectives.
The Bolton area has a population of 285,000 people. The age group with the highest concentration is 40-59. The local unemployment rate of 7.5% is high compared to the UK average of 4%. The local labour force consists of 132,000 people, making up 74.5% of the population. The average gross salary in the UK is £30,629. Residents of Bolton earn £26,225 a year on average.
The Casual Dining sector and its investment opportunities
There are 15 UK-based franchises available in the Casual Dining sector. This is just one of the sectors you could choose within the Restaurant services sector. There are also two Bubble Tea franchises, three Juice Bar franchises, three Pub & Bar franchises and three Frozen Yogurt franchises. Have a browse and see if any are a good fit for you. Hospitality and Food Services is a well-established industry, providing work for 5,000 people in Bolton alone.
Three franchise business examples
If you'd like to run your own Casual Dining business, Bella Italia might be a great option for you. By joining its network of 100 franchisees, you could play a part in this brand's success. A substantial initial investment of £700,000 will enable you to open your own Bella Italia business. In most cases, your personal investment should represent 30 to 50% of the total amount. Bella Italia requires you to personally invest at least £350,000. You could potentially get a loan to cover the remaining costs. 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. You will have all the guidance you need to manage your business thanks to the training and support provided by Bella Italia. And if you can't afford the startup costs on your own, you may be eligible for financial aid.
The Casual Dining sector has many brands worth considering. Check out Café Rouge. By joining its current 90 franchisees, you would become a part of a growing brand network. Starting a Café Rouge business requires a substantial initial investment of £700,000. At least £350,000 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. You will also need to invest in a large premises to operate this business. If you decide to invest in this franchise, you will be offered comprehensive training and support, giving your business the best possible chance to thrive. Financial assistance is also available, providing you meet the eligibility criteria.
Lastly, you could also have a look at Shoryu Ramen. There are 13 outlets open so far, and the network is expanding. This business opportunity requires a substantial initial investment of £400,000. 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. Shoryu Ramen requires a minimum personal investment of £200,000. It is thus less appropriate for new investors. A small premises will also be required to operate this business. Comprehensive training and support are available when you choose to invest in this franchise. You may also qualify for financial aid. See eligibility details on our website.
The Casual Dining sector currently offers 15 franchising opportunities. You will find a total of 238 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.