Restaurant Franchise opportunities to start in Chadderton
Investing in Chadderton could be your next move
Many brands are currently looking for franchisees in Chadderton, located in the North West of England. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Oldham area. If you already know which line of work you'd like to pursue, explore our franchise opportunities in that sector. If not, have a look and see what other options catch your eye. We have brands to suit many different interests and career goals.
Approximately 236,000 people currently live in Oldham. Residents aged 0 to 19 years old are the most represented in the population. Unemployment in the area (3.6%) is low compared to the UK as a whole (4%). The labour force represents 73.2% of the local population, or 105,000 people. The local income averages £23,879 per year, which is lower than the close to £31,000 average income in the UK as a whole.
Running a franchise in the Casual Dining sector
Across the UK, there are currently 15 opportunities to open your own franchise in the Casual Dining sector. Bear in mind that the potential for exciting investment opportunities in the Restaurant services sector is not limited to the Casual Dining sector. Other available investment options include two Burger franchises, four Pizza franchises, three Juice Bar franchises, three Pub & Bar franchises and two Bubble Tea franchises. See if there's one to suit your career goals. If you want to operate a business in the Hospitality and Food Services industry, it could be useful to know that companies in the sector currently employ 4,000 people in the Oldham area.
Here are three examples of franchise businesses
If you plan to invest in a Casual Dining business, you could consider Shoryu Ramen. The brand is developing, with 13 outlets currently in operation, and a desire to expand further. A substantial 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 apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. A small premises will also be required to operate this business. Financial assistance is available for eligible franchisees.
Take a look at Veeno, another interesting Casual Dining franchise. By joining its current eight franchisees, you would become a part of a growing brand network. This business requires an initial investment of £80,000. 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 start a Veeno business is £35,000. Given these higher startup costs, this is 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. By investing in this franchise, you may qualify for financial assistance.
Lastly, another interesting investment opportunity is Bella Italia. There are 100 locations open so far, and the network is expanding. You will need to invest £700,000 to start your own Bella Italia business. At least £350,000 of this significant amount should come from your own personal investment. 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. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See our website for details.
Many businesses are already operating in the Casual Dining sector. We currently have 15 franchise options available in the sector. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.