Restaurant Franchise opportunities to start in Urmston
Urmston is an attractive town to invest in
You could start your own business by becoming a franchisee in Urmston. There are a number of possibilities to choose from in Trafford, located in the North West of England. Take a look at our range of brands and start running your own business with a team behind you. Starting a business should be exciting! Have a look at our selection of franchising opportunities, starting with the sectors that you feel most passionate about.
The population of Trafford is 236,000. When broken down by age group, the majority of the population falls within the 40-59 category. Unemployment affects 4% of the UK population. With a rate of 4.5%, unemployment in this area is slightly higher than the national average. The labour force amounts to 120,100 people, representing 82.4% of the population. The annual salary in the UK is close to £31,000 on average. The people of Trafford earn an average annual salary of £35,667, higher than the national average.
Have you considered the Casual Dining sector?
There are 15 franchises in the Casual Dining sector to choose from. Could an opening business in the Casual Dining sector, or in the Restaurant industry more widely, help you reach your career goals and aspirations? Check out the two Burger franchises, three Frozen Yogurt franchises, three Pub & Bar franchises, three Juice Bar franchises and two Chicken franchises recruiting at this time. You may be interested to know that companies in the Trafford area currently employ 7,000 people in the Hospitality and Food Services industry.
Take a look at these three business examples
Café Rouge is a competitive brand operating in the Casual Dining sector. By joining its 90 franchise already in operation, you could contribute to this brand's expansion. Starting a Café Rouge franchise will require you to invest a minimum of £700,000. At least £350,000 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 large premises to operate this business. When investing in this franchise, you could qualify for financial assistance.
The Casual Dining sector has many brands worth considering. Have a look at Shoryu Ramen. By joining its current 13 franchisee, you would become a part of a growing brand network. This business requires a significant initial investment of £400,000. 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 Shoryu Ramen business is £200,000. 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. If eligible, you might be able to benefit from financial aid.
Lastly, if the Casual Dining sector appeals to you, Las Iguanas is another option you could consider. This brand is growing, counting 55 outlet in the United Kingdom. A total of £700,000, a substantial initial investment, is required to start a Las Iguanas franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £350,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Eager to read more about business opportunities in the Casual Dining sector? Explore our 15 available options. At Point Franchise, we have almost 250 new business investment opportunities available, giving you plenty to choose from in other sectors as well.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.