Restaurant Franchise opportunities to start in Burnley
Burnley could be home to your new business
Would you like to run your own business? Burnley, located in North West England, could be a good place to start. There are many businesses currently recruiting franchisees in the Burnley area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and business goals.
The Burnley area has a population of 89,000 people. The 40-59 age group is the most represented within the population. The local unemployment rate of 5.7% among 39,600 economically active people, or 74.2% of the population, is slightly higher than the average in the United Kingdom. Salaries in Burnley average £26,621 a year, while in the United Kingdom the average salary is just over £30,500.
Have you considered the Casual Dining sector?
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 11 Fast Food franchises, four Pizza franchises, nine Coffee, Cafe & Coffee Shop franchises, two Burger franchises and three Juice Bar franchises recruiting at this time. Amongst these options, there is likely to be one to suit your career goals and aspirations.
Three franchise businesses worth reading about
If you'd like to open your own Casual Dining business, Veeno might be a great option for you. By joining its eight franchises already in operation, you could contribute to this company's expansion. An initial investment of £80,000 will enable you to start your own Veeno business. In most cases, your personal investment should represent 30 to 50% of the total amount. Veeno requires you to personally invest at least £35,000. You could potentially apply for a loan to cover the remaining costs. It is thus less appropriate for new investors. A large premises will also be required to operate this business. If eligible, you might be entitled to financial aid.
Shoryu Ramen is another interesting option. By joining its current 13 franchisees, you would become a part of a growing brand network. A total of £400,000, a significant initial investment, is required to open a Shoryu Ramen franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £200,000 of the total investment should come from your personal funds. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Lastly, another option worth considering is Café Rouge. This brand is expanding, counting 90 locations in the UK. Starting a Café Rouge franchise will require you to invest a minimum of £700,000. At least £350,000 of this should come from your own personal 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. If you can't cover the startup costs on your own, you could find out if you qualify for financial assistance. Visit our website for more information.
If you would like to know more about franchise opportunities in the Casual Dining sector, have a browse through our 15 available options. On Point Franchise, there is plenty of choice in other sectors too. We have 236 franchising opportunities in total to choose from.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.