Restaurant Franchise opportunities to start in Derby
What to know before opening a business in Derby
Would you like to start a business in Derby, located in the East Midlands? Would you like to work for yourself but not on your own? If so, take a look at our franchising opportunities. On this page, you'll find several companies offering the training and support you need to run your own business in the Derby area. Browsing our range of brands and sectors will allow you to pinpoint the type of business that is right for you.
There are 257,000 people living in the Derby area. When broken down by age group, the 20-39 age range is the most prevalent in the population. The 4.2% unemployment rate among 124,600 economically active people in the community is in line with the national average.
The Casual Dining sector and its investment options
Across the United Kingdom, there are 15 franchises in the Casual Dining sector. Numerous brands offer franchise options in other sectors within the Restaurant services sector. For instance, there are two Food Truck franchises, nine Coffee, Cafe & Coffee Shop franchises, three Frozen Yogurt franchises, three Juice Bar franchises and five Sandwich franchises. You'll find options to suit many different career goals and aspirations. It may interest you to know that businesses in the Derby area currently employ 9,000 people in the Hospitality and Food Services industry.
Read about these three brands to see what franchise options exist
Las Iguanas could be a great choice for you if you're planning to invest in the Casual Dining sector. By joining its 55 franchises already in operation, you could contribute to this company's expansion. Starting a Las Iguanas business requires a substantial initial investment of £700,000. If you intend to get a loan to cover the startup costs, Las Iguanas asks for a personal investment of at least £350,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Another interesting franchising opportunity is Café Rouge. There are 90 outlets open so far, and the network is expanding. In order to open a Café Rouge business, a significant initial investment of £700,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Café Rouge requires a personal investment of at least £350,000. It is thus less appropriate for new investors. A large premises will also be required to operate this business. If eligible, you might be able to benefit from financial assistance.
Finally, another option to consider is Veeno. By joining its current eight franchisees, you would become a part of a growing brand network. This business requires an initial investment of £80,000. If you plan on getting 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 start a Veeno business is £35,000. 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 make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for details.
If you would like to know more about franchise opportunities in the Casual Dining sector, have a browse through our 15 available options. If you're curious about investment options in other sectors, we've got a total of close to 250 franchising opportunities to choose from on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.