Restaurant Franchise opportunities to start in Wath upon Dearne
Wath upon Dearne: A great location to start a business
If you're thinking about running your own business in Wath upon Dearne, located in Yorkshire and the Humber, you should explore franchising options. Several brands are currently recruiting in the Rotherham area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to find out if this could be for you. By browsing the sectors that appeal to you the most, you will find the franchises that best suit your interests and career objectives.
Rotherham has a population of approximately 265,000 people. Residents aged 40 to 59 years old are the most represented within the population. The local labour force consists of 121,500 people, or 75.6% of the total population. With an unemployment rate of 6%, recent data shows that employment in this area is slightly higher than in the rest of the United Kingdom. Residents in the area earn £25,222 per year on average. This income is slightly lower than the national average gross salary, which reaches close to £31,000.
The Casual Dining sector could be the right choice for you
Are you interested in the Casual Dining sector? If so, there are 15 available brands to choose from in the United Kingdom. The Casual Dining sector is part of the Restaurant services sector, which also offers 14 Takeaway franchises, nine Coffee, Cafe & Coffee Shop franchises, three Juice Bar franchises, four Pizza franchises and five Noodle Bar franchises. The right business to suit your career goals and aspirations might just be among them. In the Rotherham area, the Hospitality and Food Services industry provides work for 6,000 people.
Three brands worth your attention
If working in the Casual Dining sector appeals to you, take a look at Café Rouge. The brand is developing, with 90 locations currently in operation, and a desire to expand further. A substantial initial investment of £700,000 will enable you to start your own Café Rouge business. In most cases, your personal investment should represent 30 to 50% of the total amount. Café Rouge requires you to personally invest at least £350,000. You could potentially apply for a loan to cover the remaining costs. The higher startup costs make this 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 can't afford the startup costs on your own, you may qualify for financial assistance.
Bella Italia is another interesting brand operating in the Casual Dining sector. This business requires a substantial initial investment of £700,000. 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 Bella Italia business is £350,000. 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. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Lastly, Wolf is another interesting franchising opportunity if you plan to invest in the Casual Dining sector. By joining its current four franchisees, you would be joining a growing brand network. You will need to invest £200,000 to start operating your own Wolf business, which is a substantial initial investment. Your personal investment should account for at least £100,000 of the total amount. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. You may be eligible for financial aid. Visit our website for more information.
Eager to read more about business opportunities in the Casual Dining sector? Have a look at our 15 available options. At Point Franchise, we have 236 new business investment opportunities available, giving you plenty to choose from in other sectors too.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.