Restaurant Franchise opportunities to start in Halifax
Why should you invest in Halifax?
You could open your own business by becoming a franchisee in Halifax. Calderdale, located in Yorkshire and the Humber, offers a variety of new business investment possibilities. On this page, you'll find a selection of brands looking for franchisees. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
The Calderdale area has a population of 210,000 people. The most prevalent age range in the population is 40 to 59 years old. Unemployment affects 4% of the UK population. With a rate of 3.2%, unemployment in this area is lower than the national average. The labour force amounts to 97,100 people, making up 74.5% of the population. In the United Kingdom, the average gross salary is £30,629; in the Calderdale area, it is £26,394.
Have you considered the Casual Dining sector?
If you want to run your own business in the Casual Dining sector, the good news is that there are 15 franchises currently recruiting new franchisees across the country. The Casual Dining sector is part of the Restaurant sector which offers a wide selection of interesting options. These include 11 Fast Food franchises, two Bubble Tea franchises, two Chicken franchises, four Pizza franchises and five Noodle Bar franchises. See if any catch your eye. If you're keen on the Hospitality and Food Services industry, you may want to consider how many people already work in the industry. In Calderdale, Hospitality and Food Services companies currently employ 7,000 people.
Three brands worth your attention
Las Iguanas operates in the Casual Dining sector. By joining its current 55 franchisees, you would be joining a growing brand network. To start your own Las Iguanas franchise, you will need to invest £700,000, of which at least £350,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial assistance, if eligible.
Another option to consider is Veeno. This brand is developing, counting eight locations across the UK. This business requires an initial investment of £80,000. 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 open a Veeno business is £35,000. 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. By investing in this established brand, you could be eligible for financial aid.
Finally, Wolf is another interesting investment opportunity if you plan to invest in the Casual Dining sector. The brand is growing, with four outlets already in operation, and a desire to expand further. To start your business, you will need an initial investment of £200,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Wolf, the minimum personal investment is £100,000. 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. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for more information.
The Casual Dining sector offers 15 franchising opportunities. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.