Restaurant Franchise opportunities to start in Rochdale
Starting a franchise business in Rochdale
Rochdale, 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 Rochdale area. If you already know which line of work you'd like to pursue, look into our franchise opportunities in that sector. If not, have a browse and see what other options catch your eye. We have businesses to suit all kinds of interests and career objectives.
Recent figures show that Rochdale has a population of 220,000 residents. The majority of the population sits within the 20-39 age range. The 6.3% unemployment rate among 99,600 economically active people in the community is slightly higher than the national average. The average annual salary across the UK is close to £31,000. With a gross income averaging £25,682, residents of Rochdale have a slightly lower salary than the national average.
Running a franchise in the Casual Dining sector
Are you interested in the Casual Dining sector? If so, there are 15 available franchises to choose from across the country. You will find many business opportunities in the Restaurant services sector, including those in the Casual Dining sector. Other possibilities include 15 Restaurant franchises, 11 Fast Food franchises, three Pub & Bar franchises, two Bubble Tea franchises and five Sandwich franchises. There might be one worth considering among them. In Rochdale, there are currently 3,500 people working in the Hospitality and Food Services industry, so you would become a part of an established business network.
Three franchise business examples
The Casual Dining sector has many franchise options available, such as Shoryu Ramen. There are 13 outlets open so far, and the network is expanding. To start your business, you will need an initial investment of £400,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Shoryu Ramen, the minimum personal investment is £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. If you can't cover the startup costs on your own, you could see if you qualify for financial assistance.
Another interesting franchise option is Las Iguanas. By joining its network of 55 franchisees, you could play a part in this brand's success. 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. 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.
Lastly, check out Bella Italia, another attractive Casual Dining franchise. The brand is expanding, with 100 locations already in operation, and a desire to expand further. You will need to invest £700,000 to open your own Bella Italia business. At least £350,000 of this substantial amount 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. If you can't afford the startup costs on your own, you may be eligible for financial aid. Visit our website for details.
Eager to read more about business opportunities in the Casual Dining sector? Have a look at our 15 available options. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect business opportunity, there are still plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.