Restaurant Franchise opportunities to start in Widnes
Investing in a franchise in Widnes
Widnes, located in North West England, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Halton area. We offer a variety of realistic new business investment possibilities, so that you can find one you like.
There are an estimated 128,000 people living in the Halton area. When broken down by age range, 40-59 year olds represent the largest portion of the population. The region has a labour force of 62,400 people, or 79.9% of the total population. The unemployment rate (2.8%) is very low compared to the rest of the UK. With an average gross annual income of £26,304, salaries in Halton are slightly lower than the average income of £30,629 across the United Kingdom.
Why choose to operate in the Casual Dining sector?
Across the UK, there are 15 franchises in the Casual Dining sector. The Casual Dining sector is actually part of the Restaurant services sector which offers a wider selection. There are currently three Juice Bar franchises, five Noodle Bar franchises, 14 Takeaway franchises, two Burger franchises and four Pizza franchises recruiting at this time. Amongst these options, there is likely to be one to suit your career goals and aspirations.
Have a look at three franchise business examples
If you plan to invest in a Casual Dining business, you could consider Bella Italia. By joining its 100 franchises already in operation, you could contribute to this company's expansion. This business opportunity requires a significant 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. Bella Italia requires a minimum personal investment of £350,000. 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 can't cover the startup costs on your own, you may qualify for financial assistance.
Veeno could be another good option for you to invest in. This brand is developing, counting eight locations in the UK. A total of £80,000 is required to start a Veeno franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £35,000 of the total investment should come from your personal funds. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
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. A significant initial investment of £200,000 will enable you to open your own Wolf business. In most cases, your personal investment should represent 30 to 50% of the total amount. Wolf requires you to personally invest at least £100,000. You could potentially get a loan to cover the remaining costs. 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 you are interested in the Casual Dining sector and would like to discover more franchising opportunities, have a look at the 15 brands available in this sector. If this sector doesn't suit your needs, don't worry. Point Franchise offers 236 franchise options across a range of sectors to help you find your perfect investment opportunity.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.