Restaurant Franchise opportunities to start in Wigan
Why should you invest in Wigan?
The franchising options in Wigan, located in North West England, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to find out which brands you could work with in Wigan. To start off with, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
Recent figures show that Wigan has a population of 326,000 residents. Residents aged 40 to 59 years old make up the prevalent age range in the population. Unemployment affects 4% of the UK population. With a rate of 2.9%, unemployment in this area is significantly lower than the national average. The economically active population amounts to 161,600 people, making up 79.5% of the population. Residents in the area earn £26,009 per year on average. This income is slightly lower than the national average gross salary, which reaches just over £30,500.
Business opportunities in the Casual Dining sector
Across the UK, there are 15 franchises in the Casual Dining sector. In fact, the Restaurant sector as a whole offers a wide variety of franchises to invest in, including 15 Restaurant franchises, two Bubble Tea franchises, five Noodle Bar franchises, five Sandwich franchises and two Food Truck franchises. Check out our available brands to find a potential match. The Hospitality and Food Services industry provides employment for many people. In Wigan, companies currently employ 6,000 people in the field.
Have a look at these three business examples
The Casual Dining sector offers a range of brands to choose from, including Café Rouge. By joining its current 90 franchisees, you would be joining a growing brand network. Starting a Café Rouge business requires a substantial initial investment of £700,000. If you intend to get a loan to cover the startup costs, Café Rouge asks for a personal investment of at least £350,000. 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. You will also need to invest in a large premises to operate this business. Training and assistance provided by Café Rouge will help you lead your business in the right direction. And, if eligible, you might be entitled to financial assistance.
Las Iguanas is an interesting franchise option in the Casual Dining sector. The brand is expanding, with 55 outlets currently in operation, and a desire to expand further. This business opportunity requires a substantial initial investment of £700,000. 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. Las Iguanas requires a minimum personal investment of £350,000. 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 large premises to operate this business. Las Iguanas also provides training and support to help you run your business efficiently.
Finally, Shoryu Ramen is another successful brand operating in the Casual Dining sector. There are 13 locations open so far, and the network is expanding. A significant initial investment of £400,000 will enable you to start your own Shoryu Ramen business. In most cases, your personal investment should represent 30 to 50% of the total amount. Shoryu Ramen requires you to personally invest at least £200,000. You could potentially get a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. The training and assistance provided by Shoryu Ramen give you the tools to manage your own business successfully. Financial aid can also be given in some circumstances. Visit our website for details.
If you are interested in the Casual Dining sector and would like to know more about its available franchising options, look into the 15 companies currently recruiting franchisees in the sector. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a range of sectors. Have a browse to see which other sectors you might want to invest in.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.