Restaurant Franchise opportunities to start in Southport
What can Southport offer to new businesses?
Located in the North West of England, Southport is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising opportunities in Sefton and take the first step towards running your own business. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
Recent figures show that 275,000 people live in Sefton. Residents aged over 60 years old make up the majority of the population. The local unemployment rate of 2.7% is very low compared to the UK average of 4%. The local labour force consists of 124,200 people, representing 76.9% of the population. The gross annual income in Sefton amounts to £26,995, which is slightly lower than the national average of close to £31,000.
Why Casual Dining businesses appeal to franchisees
Across the UK, you will find 15 franchises operating in the Casual Dining sector. The Casual Dining sector is actually part of the Restaurant industry which offers a wider selection. There are currently three Juice Bar franchises, 15 Restaurant franchise, five Sandwich franchises, 14 Takeaway franchise and 11 Fast Food franchise recruiting at this time. Amongst these opportunities, there is likely to be one to suit your career goals and aspirations. It may interest you to know that businesses in the Sefton area currently employ 7,000 people in the Hospitality and Food Services industry.
Three franchises that might interest you
If you would like to invest in a Casual Dining business, you could consider Wolf. By joining its four franchise already in operation, you could contribute to this brand's expansion. Starting a Wolf business requires a significant initial investment of £200,000. If you plan on getting a loan to cover the startup costs, Wolf asks for a personal investment of at least £100,000. For most franchises, this amount represents 30 to 50% of the total 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. An investment in this franchise entitles you to financial aid, if eligible.
Another possibility to consider is Shoryu Ramen. By joining its network of 13 franchisee, you could contribute to this brand's success. 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 typically need to cover 30 to 50% of the total investment. Shoryu Ramen asks for a minimum personal investment of £200,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. You may be eligible for financial assistance.
Finally, another option worth considering is Bella Italia. This brand is expanding, counting 100 location in the United Kingdom. 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 apply for a loan to cover the remaining costs. It is thus less appropriate for new investors.
Many businesses are already operating in the Casual Dining sector. We currently have 15 franchise opportunities available in the sector. You will find a total of 236 franchise opportunities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.
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