Restaurant Franchise opportunities to start in Coalville
Starting a franchise business in Coalville
Have you ever considered opening a franchise in Coalville? This could be your opportunity to manage your own business while receiving comprehensive training and marketing support, since many brands in the North West Leicestershire area are currently recruiting franchisees. To start off with, look for the line of work that interests you the most. This is a quick way to find the franchise best suited to you.
North West Leicestershire has an estimated population of 102,000 residents. The population's most prevalent age group is made up of 40-59 year olds. In terms of employment, the area has an economically active population of 48,100 people (76.3%), of which the unemployment rate is 6.2%. This figure is slightly higher than the average unemployment rate in the UK. The United Kingdom's annual average salary is £30,629. Salaries in North West Leicestershire are slightly lower in comparison, averaging £28,742 a year.
Why the Casual Dining sector appeals to franchisees
There are currently 15 opportunities to invest in the Casual Dining sector. If you would like to run a business in this sector, keep reading. The Casual Dining sector is a part of the Restaurant services sector. Other brands recruiting in this industry include five Noodle Bar franchises, 14 Takeaway franchises, 15 Restaurant franchises, nine Coffee, Cafe & Coffee Shop franchises and four Halal franchises. Among these new business investment options, there will likely be one that fits your career goals and aspirations. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the North West Leicestershire area, 3,500 people work for Hospitality and Food Services businesses.
Eager to find out more? Here are three franchise business examples
Shoryu Ramen could be a great choice for you if you're interested in the Casual Dining sector. This brand is expanding, counting 13 outlets in the UK. You will need to invest £400,000 to begin operating your own Shoryu Ramen business, which is a significant initial investment. Your personal investment should account for at least £200,000 of the total amount. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. An investment in this franchise entitles you to financial assistance, if eligible.
You could also consider 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 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 Veeno business is £35,000. 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. You could also benefit from financial aid, if eligible.
Finally, Bella Italia could be another good option for you to invest in. There are 100 locations open so far, and the network is expanding. Opening a Bella Italia franchise will require you to invest a minimum of £700,000. At least £350,000 of this should come from your own personal 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. If eligible, you might be able to benefit from financial aid. See our website for details.
We offer a total of 15 businesses in the Casual Dining sector. If you're interested, see if the right investment opportunity for you is among them. Point Franchise has almost 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
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