Restaurant Franchise opportunities to start in Oldham

Investing in a franchise in Oldham

Many brands are currently recruiting franchisees in Oldham, 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. By browsing the sectors that appeal to you the most, you will find the franchises that best suit your interests and business objectives.

There are an estimated 236,000 people in the Oldham area. The 0-19 age group is the most represented within the population. The region has a 3.6% unemployment rate, which is lower than the national average of 4%. Overall, the region's economically active population consists of 105,000 people or 73.2% of the total population. The United Kingdom's annual average salary is close to £31,000. Salaries in Oldham are lower in comparison, averaging £23,879 a year.

Running a Casual Dining franchise business

In the United Kingdom, there are 15 franchises recruiting in the Casual Dining sector. The Casual Dining sector is part of the Restaurant sector, which also offers five Sandwich franchises, two Burger franchises, four Pizza franchises, two Food Truck franchises and 11 Fast Food franchises. The right business to suit your career goals and aspirations might just be among them. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Oldham area, 4,000 people are employed by Hospitality and Food Services companies.

Three franchise business examples

If you like the idea of starting a business in the Casual Dining sector, Las Iguanas could be an option for you. By joining its network of 55 franchisees, you could play a part in this brand's success. In order to open a Las Iguanas business, a significant initial investment of £700,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Las Iguanas asks for a personal investment of at least £350,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. If you make the decision to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.

The Casual Dining sector has many brands worth considering. Check out Wolf. By joining its current four franchisees, you would become a part of a growing brand network. You will need an initial investment of £200,000 to start your own Wolf business. Your personal investment should account for at least £100,000 of the total amount. You may want to think about getting a loan to open a business in this sector. 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 eligible, you might be able to benefit from financial aid.

Lastly, another option to consider is Bella Italia. There are 100 outlets 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 substantial amount should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Financial aid can be provided in some circumstances. Visit our website for more information.

If you want to work in the Casual Dining sector, the perfect investment opportunity could be waiting for you among our 15 available franchises in the sector. At Point Franchise, we have close to 250 new business investment opportunities available, giving you plenty to choose from in other sectors as well.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.