Restaurant Franchise opportunities to start in Romiley

Romiley: A great location to start a business

Would you like to run your own business? Romiley, located in North West England, could be a good place to start. There are many businesses currently recruiting franchisees in the Stockport area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. Starting a business should be exciting! Explore our selection of franchising options, focusing on the sectors that you feel most passionate about.

There are 292,000 people living in the Stockport area. The majority of the population falls within the 40-59 age group. Approximately 141,600 people are economically active in the region, representing 80.6% of the population. The unemployment rate (4.8%) is high compared to the UK average (4%). Stockport has an average annual income of £31,553, which is slightly higher than the national average salary of £30,629.

Franchising opportunities in the Casual Dining sector

Are you interested in the Casual Dining sector? You're likely to find a franchise worth considering among 15 brands in the UK. The Casual Dining sector is part of the Restaurant sector which offers a wide range of interesting options. These include five Sandwich franchises, 15 Restaurant franchises, three Juice Bar franchises, 14 Takeaway franchises and two Burger franchises. See if any catch your eye. You may be interested to know that companies in the Stockport area currently employ 7,000 people in the Hospitality and Food Services industry.

Eager to know more? Here are three franchise business examples

If you are interested in opening a business in the Casual Dining sector, read about Wolf. There are four locations open so far, and the network is expanding. To start your business, you will need an initial investment of £200,000. If you intend to get 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 Wolf, the minimum personal investment is £100,000. It is thus less appropriate for new investors. A large premises will also be required to operate this business. If you can't afford the startup costs on your own, you could find out if you qualify for financial assistance.

Shoryu Ramen is another successful brand operating in the Casual Dining sector. By joining its current 13 franchisees, you would be joining a growing brand network. Starting a Shoryu Ramen business requires a significant initial investment of £400,000. If you plan on getting a loan to cover the startup costs, Shoryu Ramen asks for a personal investment of at least £200,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Financial aid can be given in some circumstances.

Lastly, check out Veeno, another competitive Casual Dining franchise. This brand is expanding, counting eight outlets across the UK. Starting a Veeno business requires an initial investment of £80,000. At least £35,000 should come from your own personal investment. 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. Also, if you can't cover the startup costs alone, you may be able to benefit from financial aid. See eligibility details on our website.

The Casual Dining sector currently offers 15 investment opportunities. If you're interested in exploring franchising opportunities in other sectors, Point Franchise has 236 brands to choose from.

Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.