Restaurant Franchise opportunities to start in Hyde
Investing in a franchise in Hyde
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our selection of brands in Hyde, located in the Gloucestershire area in South West England, where many companies are currently recruiting. We offer a number of realistic new business investment opportunities, so that you can find one you like.
There are approximately 634,000 people currently living in Gloucestershire. When broken down by age range, the majority of the population falls within the 40-59 category. In terms of employment, the area has an economically active population of 321,100 people (84.8%), of which the unemployment rate is 3.4%. This figure is lower than the average unemployment rate in the United Kingdom. Gloucestershire has an average annual salary of £30,049. This salary is in line with the rest of the United Kingdom, which has an average income of close to £31,000.
Why choose to operate in the Casual Dining sector?
The Casual Dining sector currently offers 15 franchise opportunities. If this sector appeals to you, take a look at our options. The Casual Dining sector is just one example of the options available in the Restaurant industry. Other options include two Bubble Tea franchises, four Halal franchises, two Burger franchises, five Noodle Bar franchises and 15 Restaurant franchises. Have a browse, the perfect business opportunity for you could be a few clicks away. Opening a business is not a simple feat, but becoming a franchisee makes managing your own business much more feasible. The Gloucestershire region offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 26,000 people. So, what is stopping you from opening your own business in Gloucestershire today?
Eager to find out more? Here are three franchise business examples
Veeno is a competitive franchise operating in the Casual Dining sector. By joining its current eight franchisees, you would be joining a growing brand network. You will need to invest £80,000 to start your own Veeno business. At least £35,000 of this should come from your own personal investment. Given these higher startup costs, this is 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 entitled to financial assistance.
Las Iguanas is another attractive brand operating in the Casual Dining sector. This business requires a substantial initial investment of £700,000. 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 Las Iguanas business is £350,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. If you can't cover the startup costs on your own, you could see if you qualify for financial aid.
As a final example, check out Wolf. This brand is growing, counting four outlets across the country. A significant initial investment of £200,000 will enable you to open your own Wolf business. In most cases, your personal investment should represent 30 to 50% of the total amount. Wolf requires you to personally invest at least £100,000. You could potentially get a loan to cover the remaining costs. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. By investing in this franchise, you may qualify for financial support. Visit our website for more information.
There are currently 15 new business investment opportunities available in the Casual Dining sector. Point Franchise offers a total of close to 250 franchising opportunities across many different sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.