Restaurant Franchise opportunities to start in Burntwood
What can Burntwood offer to new businesses?
Have you ever considered opening a franchise in Burntwood? This could be your opportunity to run your own business while benefiting from comprehensive training and marketing support, since many businesses in the Lichfield area are currently recruiting franchisees. We offer a number of realistic new business investment options, so that you can find one you like.
A recent census found that 104,000 people live in Lichfield. When broken down by age group, the 60+ age range is the most prevalent in the population. Residents in the area earn £33,360 per year on average. This income is higher than the national average gross salary, which reaches £30,629.
Could the Casual Dining sector be the right choice for you?
There are currently 15 opportunities to invest in the Casual Dining sector. If you would like to operate a business in this sector, keep reading. Bear in mind that the Restaurant industry offers many investment opportunities in addition to those in the Casual Dining sector. Have a browse through our three Pub & Bar franchise, two Food Truck franchises, five Sandwich franchises, 11 Fast Food franchises and three Juice Bar franchises to find out if any suit your career goals and aspirations. In Lichfield, the Hospitality and Food Services industry already provides work for nearly 3,000 people, potentially making this path an ideal one for you, too!
Read about these three brands to see what franchise opportunities exist
If you're interested in the Casual Dining sector, check out Las Iguanas. There are 55 outlets open so far, and the network is expanding. A substantial initial investment of £700,000 will enable you to start 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. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid.
Bella Italia is another successful brand operating in the Casual Dining sector. This brand is growing, counting 100 locations across the country. To open your own Bella Italia franchise, you will need to invest £700,000, of which at least £350,000 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. By investing in this franchise, you may be eligible for financial support.
Finally, another interesting investment opportunity is Wolf. By joining its network of four franchisees, you could play a part in this brand's success. Starting a Wolf business requires a significant initial investment of £200,000. If you plan on getting a loan to cover the startup costs, Wolf asks for a personal investment of at least £100,000. For most franchises, this amount represents 30 to 50% of the total investment. 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. By investing in this established brand, you could qualify for financial assistance. Visit our website for more information.
There are currently 15 new business investment opportunities available in the Casual Dining sector. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of almost 250 franchising possibilities.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.