Restaurant Franchise opportunities to start in Taunton
Is Taunton a good place to be a franchisee?
Would you like to open a business in Taunton, located in North West England? Would you like to work for yourself but not on your own? If so, have a look at our franchising opportunities. On this page, you'll find various companies offering the training and support you need to run your own business in the Tameside area. We offer a number of franchises to suit different budgets and career goals. Take a look at our selection of brands and sectors to see what might suit you.
According to recent census data, 225,000 people live in Tameside. The population's most prevalent age group is made up of 40-59 year olds. The local labour force includes 109,600 people, or 78.2% of the total population. With an unemployment rate of 4.1%, recent data indicates that employment in this area is in line with the rest of the UK. In the United Kingdom, the average gross salary is close to £31,000; in the Tameside area, it is £24,496.
Why start a franchise in the Casual Dining sector?
If you want to manage your own business in the Casual Dining sector, the good news is that there are 15 franchises currently recruiting new franchisees across the country. Could a starting business in the Casual Dining sector, or in the Restaurant services sector more widely, help you reach your career goals and aspirations? Check out the four Halal franchises, two Burger franchises, 11 Fast Food franchises, nine Coffee, Cafe & Coffee Shop franchises and three Juice Bar franchises recruiting at this time. Interesting fact: companies in Hospitality and Food Services employ 4,000 people in the Tameside area. This could be your opportunity to start a successful business of your own!
Here are three examples of franchise businesses
Veeno is an interesting franchise operating in the Casual Dining sector. This brand is growing, counting eight locations in the UK. This business opportunity requires an initial investment of £80,000. 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. Veeno requires a minimum personal investment of £35,000. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. By investing in this established brand, you could qualify for financial aid.
If the Casual Dining sector appeals to you, Bella Italia is another option you could consider. By joining its current 100 franchisees, you would be joining a growing brand network. Starting a Bella Italia business requires a significant initial investment of £700,000. At least £350,000 should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Finally, another option worth considering is Shoryu Ramen. By joining its network of 13 franchisees, you could contribute to this brand's success. This business requires a substantial initial investment of £400,000. If you plan on getting 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 Shoryu Ramen business is £200,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. If you can't afford the startup costs on your own, you could find out if you qualify for financial assistance. See our website for more information.
The Casual Dining sector offers 15 franchising opportunities. On Point Franchise, there is plenty of choice in other sectors too. We have almost 250 new business investment opportunities in total to choose from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.