Restaurant Franchise opportunities to start in Skelmersdale
Skelmersdale: A great location to start a business
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our range of brands in Skelmersdale, located in the West Lancashire area in the North West of England, where many businesses are currently recruiting. Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
There are an estimated 114,000 people living in the West Lancashire area. The majority of the population falls within the 60+ age category. In terms of employment, the region has an economically active population of 47,700 people (70.0%), of which the unemployment rate is 3.3%. This figure is lower than the average unemployment rate in the UK. The UK's annual average income is £30,629. Salaries in West Lancashire are slightly lower in comparison, averaging £28,560 a year.
Why Casual Dining businesses appeal to franchisees
There are 15 brands currently recruiting franchisees in the Casual Dining sector. If this sector appeals to you, check them out. The Casual Dining sector is part of the Restaurant industry, which also offers 15 Restaurant franchise, three Pub & Bar franchises, two Chicken franchises, nine Coffee, Cafe & Coffee Shop franchises and three Juice Bar franchises. The perfect business to suit your career objectives and aspirations might just be among them. If you would like to work in the Hospitality and Food Services industry, it may interest you to know that, in the West Lancashire area, 4,500 people currently work in the industry.
Three franchise business worth reading about
If you are interested in running a business in the Casual Dining sector, read about Wolf. By joining its network of four franchisee, you could play a part in this brand's success. This business opportunity requires a significant initial investment of £200,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Wolf requires a minimum personal investment of £100,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. Eligible candidates may apply for financial aid.
Las Iguanas could be another good option for you to invest in. There are 55 location open so far, and the network is expanding. Opening a Las Iguanas franchise will require you to invest a minimum of £700,000. At least £350,000 of this should come from your own personal investment. It is thus less appropriate for new investors. 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 assistance.
As a final example, take a look at Shoryu Ramen. By joining its current 13 franchisee, you would be joining a growing brand network. Starting a Shoryu Ramen business requires a substantial initial investment of £400,000. If you plan on getting a loan to cover the startup costs, Shoryu Ramen asks for a personal investment of at least £200,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
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 almost 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.