Restaurant Franchise opportunities to start in Hereford
Investing in Hereford could be your next move
Discover the business options waiting for you in Hereford, situated in the West Midlands. On this page you'll find a selection of brands that could make you a franchisee in the Herefordshire area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. 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.
The Herefordshire area has 192,000 residents. When broken down by age group, 60+ year olds represent the largest portion of the population. Unemployment in the area (2.5%) is very low compared to the UK as a whole (4%). The labour force represents 85.1% of the local population, or 93,100 people. The average annual income across the UK is £30,629. With a gross salary averaging £25,778, residents of Herefordshire have a slightly lower salary than the national average.
The Casual Dining sector could be the right choice for you
Are you interested in running your own business in the Casual Dining sector? Have a look at our 15 franchise opportunities available in this sector. The Casual Dining sector is part of the Restaurant services sector, which also offers two Food Truck franchises, five Noodle Bar franchises, two Chicken franchises, two Burger franchises and five Sandwich franchises. The perfect business to suit your career goals and aspirations might just be among them. Hospitality and Food Services is a well-established industry, providing employment for 5,000 people in Herefordshire alone.
Want to know more? Read about these three brands
The Casual Dining sector has many franchise opportunities available, such as Las Iguanas. By joining its network of 55 franchisees, you could play a part in this brand's success. You will need to invest £700,000 to open your own Las Iguanas business. At least £350,000 of this significant amount should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible.
Shoryu Ramen is another interesting franchise option if you plan to invest in the Casual Dining sector. There are 13 locations open so far, and the network is expanding. In order to start a Shoryu Ramen business, a substantial initial investment of £400,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Shoryu Ramen requires a personal investment of at least £200,000. 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. Eligible candidates may apply for financial assistance.
Finally, Café Rouge could be another good option for you to invest in. The brand is developing, with 90 outlets already in operation, and a desire to expand further. Opening a Café Rouge business requires a substantial initial investment of £700,000. If you intend to get a loan to cover the startup costs, Café Rouge asks for a personal investment of at least £350,000. For most franchises, this amount represents 30 to 50% of the total investment. 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. See eligibility details on our website.
Many businesses are already operating in the Casual Dining sector. We currently have 15 franchise opportunities available in the sector. Don't forget that we offer new business investment ranges across many different sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of close to 250 franchising possibilities.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.