Restaurant Franchise opportunities to start in Manchester

Why should you invest in Manchester?

Manchester, located in the North West of England, has many opportunities for people looking to start their own business. There are many brands currently recruiting franchisees in the Manchester area. This could mean working for yourself while receiving the comprehensive support of an established brand. With your interests and business objectives in mind, have a look at our selection of new business investment options.

There are approximately 548,000 people currently living in Manchester. The most prevalent age group in the population falls in the 20-39 age bracket. The region has an economically active population of 276,800 people, or 71.3% of the total population. The unemployment rate (6.3%) is high compared to the rest of the UK. Manchester has an average annual salary of £25,609. This salary is slightly lower than the rest of the UK, which has an average income of close to £31,000.

The Casual Dining sector: An interesting opportunity for franchisees

Are you interested in the Casual Dining sector? If so, there are 15 available brands to choose from in the UK. In fact, the Restaurant industry as a whole offers a wide range of franchises to invest in, including nine Coffee, Cafe & Coffee Shop franchises, three Pub & Bar franchises, five Sandwich franchises, two Chicken franchises and 11 Fast Food franchises. Explore our available brands to find a potential match. If you are thinking about opening a business in Hospitality and Food Services, Manchester could be a good place to do it. Indeed, 36,000 people have already made the decision to work in this sector in the Manchester area.

Three franchise businesses worth reading about

Shoryu Ramen is a competitive franchise operating in the Casual Dining sector. By joining its 13 franchises already in operation, you could contribute to this company's expansion. You will need an initial investment of £400,000 to start your own Shoryu Ramen business. Your personal investment should account for at least £200,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Shoryu Ramen can support you with comprehensive training and assistance to help your business reach its full potential. What's more, financial support is available for eligible franchisees.

Another possibility to consider is Las Iguanas. This brand is growing, counting 55 locations in the UK. A substantial initial investment of £700,000 will enable you to open your own Las Iguanas business. In most cases, your personal investment should represent 30 to 50% of the total amount. Las Iguanas 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. Las Iguanas provides comprehensive training and support to help you build a successful business of your own. Furthermore, you may be eligible for financial assistance.

Wolf is a third interesting franchise option in the Casual Dining sector. By joining its network of four franchisees, you could play a part in this brand's success. To start your own Wolf franchise, you will need to invest £200,000, of which at least £100,000 should be your own personal investment. You could get a loan to help cover the remaining startup 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 decide to invest in this franchise, you will be offered comprehensive training and support, giving your business the best possible chance to succeed. Financial aid is also available, providing you meet the eligibility criteria. See our website for more information.

There are 15 franchises waiting to be discovered in the Casual Dining sector. On Point Franchise, there is plenty of choice in other sectors as well. We have close to 250 franchising opportunities in total to choose from.

This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.