Restaurant Franchise opportunities to start in Heswall
Heswall and its prospects for new Businesses
Located in the North West of England, Heswall is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising possibilities in Wirral and take the first step towards running your own business. By exploring the sectors that appeal to you the most, you will find the franchises that best suit your interests and career goals.
There are an estimated 323,000 people in the Wirral area. When broken down by age group, 60+ year olds represent the largest portion of the population. Unemployment in the area (4.8%) is high compared to the United Kingdom as a whole (4%). The labour force represents 80.6% of the local population, or 153,800 people. The average annual salary across the UK is close to £31,000. With a gross income averaging £29,043, residents of Wirral have a salary in line with the national average.
Does the Casual Dining sector appeal to 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 three Juice Bar franchises, two Chicken franchises, four Pizza franchises, three Frozen Yogurt franchises and two Burger franchises. The perfect business to suit your career objectives and aspirations might just be among them. If you are thinking about joining the Hospitality and Food Services industry, you may be interested to know that 7,000 people have already made the decision to work in this industry in the Wirral area.
Eager to find out more? Here are three franchise business examples
If you like the idea of opening a franchise in the Casual Dining sector, Veeno could be an option for you. This brand is expanding, counting eight locations across the UK. To start your business, you will need an initial investment of £80,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Veeno, the minimum personal investment is £35,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. If eligible, you might be able to benefit from financial assistance.
Another opportunity worth considering is Las Iguanas. By joining its current 55 franchisees, you would be joining a growing brand network. This business opportunity requires a substantial initial investment of £700,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Las Iguanas requires a minimum personal investment of £350,000. 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.
Lastly, Shoryu Ramen is another successful brand operating in the Casual Dining sector. There are 13 outlets open so far, and the network is expanding. Starting a Shoryu Ramen franchise will require you to invest a minimum of £400,000. At least £200,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. By investing in this franchise, you may qualify for financial support. See our website for more information.
If you would like to learn more about franchise opportunities in the Casual Dining sector, have a browse through our 15 available options. You will find a total of close to 250 franchise options on Point Franchise. So if you are still looking for the perfect business opportunity, there are still plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.