Restaurant Franchise opportunities to start in Bamber Bridge
Bamber Bridge and its prospects for new Businesses
Bamber Bridge, located in North West England, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the South Ribble area. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and business goals.
The population of South Ribble is made up of 111,000 people. The majority of the population sits within the 40-59 age category. The UK's annual average income is £30,629. Salaries in South Ribble are slightly lower in comparison, averaging £28,360 a year.
Have you considered the Casual Dining sector?
If you wish to run a Casual Dining franchise, you are likely to find one that appeals to you among 15 available across the United Kingdom. The Casual Dining sector is just one sector among many in the Restaurant services sector. Its five Noodle Bar franchises, five Sandwich franchises, two Burger franchises, three Pub & Bar franchises and two Chicken franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting business opportunity.
Three examples of available franchise business opportunities
Las Iguanas could be a great choice for you if you're planning to invest in the Casual Dining sector. The brand is developing, with 55 outlets already in operation, and a desire to expand further. This business requires a significant initial investment of £700,000. If you intend to get 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 Las Iguanas business 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. Investing in Las Iguanas entitles you to all the guidance, training and support you need to run your business effectively. And if you can't afford the startup costs on your own, you may qualify for financial assistance.
Another option to consider is Wolf. There are four locations open so far, and the network is expanding. 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. 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. Wolf could be a good option for you, as the company provides comprehensive training and support. Also, if you can't afford the startup costs alone, you may be entitled to financial aid.
The Casual Dining sector has many brands worth considering. As a final example, have a look at Shoryu Ramen. This brand is growing, counting 13 franchises in the UK. 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 usually need to cover 30 to 50% of the total investment. Shoryu Ramen requires a minimum personal investment of £200,000. 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 small premises to operate this business. This investment entitles you to training, assistance and support from Shoryu Ramen. You could also benefit from financial aid, if eligible. See our website for details.
If working in the Casual Dining sector appeals to you, take a look at our 15 available investment options in the sector. Whether you've already made the decision to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of almost 250 franchising opportunities to help you find the right fit.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.