Restaurant Franchise opportunities to start in Wakefield
What to know before starting a business in Wakefield
Are you thinking about opening a franchise? Wakefield, in Yorkshire and the Humber, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while managing your own business. Have a look at the brands currently recruiting in West Yorkshire Met County. There are a variety of franchising opportunities available based on your budget and career objectives. Have a browse to find the brand that appeals to you most.
The population of West Yorkshire Met County is 2,320,000. The age group with the highest concentration is 20-39. Unemployment affects 4% of the UK population. With a rate of 4.6%, unemployment in this area is slightly higher than the national average. The labour force amounts to 1,100,200 people, making up 75.8% of the population.
Why the Casual Dining sector might be a good option for you
If the idea of running a business in the Casual Dining sector appeals to you, take a look at the 15 brands currently recruiting franchisees in the field. The Casual Dining sector is part of the Restaurant industry, which also offers 11 Fast Food franchises, four Pizza franchises, two Bubble Tea franchises, three Pub & Bar franchises and two Food Truck franchises. The right business to suit your career goals and aspirations might just be among them.
Three brands worth your attention
If working in the Casual Dining sector appeals to you, check out Café Rouge. By joining its network of 90 franchisees, you could contribute to this brand's success. This business requires a substantial initial investment of £700,000. 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 open a Café Rouge business is £350,000. The higher startup costs make this 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. Café Rouge could be a good option for you, as the company provides comprehensive training and support. Also, if you can't afford the startup costs alone, you may be entitled to financial aid.
Another option to consider is Shoryu Ramen. By joining its 13 franchises already in operation, you could contribute to this company's expansion. A significant initial investment of £400,000 will enable you to open 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. It is thus less appropriate for new investors. A small premises will also be required to operate this business. If you can't cover the startup costs on your own, you could find out if you qualify for financial assistance. This brand also provides its franchisees with full training and support.
Lastly, another option to consider is Wolf. This brand is expanding, counting four locations in the United Kingdom. You will need to invest £200,000 to open your own Wolf business. At least £100,000 of this significant amount should come from your own personal investment. 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 are unsure about starting your own business, taking on an established franchise could be the answer. Wolf provides full training and support, ensuring that its franchisees are well-equipped to succeed. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See our website for details.
There are 15 franchises waiting to be discovered in the Casual Dining sector. If you're still torn between different sectors, no problem! Point Franchise offers 238 franchising opportunities across many different sectors. Enjoy exploring your options.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.