Restaurant Franchise opportunities to start in Swindon
Investing in a franchise in Swindon
Would you like to start a business in Swindon, located in South West England? Would you like to work for yourself but not on your own? If so, take a look at our franchising options. On this page, you'll find various brands offering the training and support you need to run your own business in the Cheltenham area. To begin, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
Recent figures show that Cheltenham has a population of 117,000 residents. Residents in the 20-39 age group make up the largest portion of the population. Unemployment in the area (3.8%) is comparable to the UK as a whole (4%). The labour force represents 87.6% of the local population, or 64,100 people. Residents of Cheltenham have an annual average income of £36,162. In comparison, the average gross salary in the United Kingdom is close to £31,000.
Have you considered the Casual Dining sector?
There are 15 franchises in the Casual Dining sector to choose from. The Casual Dining sector is just one sector among many in the Restaurant industry. Its three Frozen Yogurt franchises, two Burger franchises, four Pizza franchises, 14 Takeaway franchises and 11 Fast Food franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting franchising opportunity. If you would like to work in the Hospitality and Food Services industry, it may interest you to know that, in the Cheltenham area, 6,000 people currently work in the industry.
Here are three examples of franchise businesses
There are many interesting franchising opportunities in the Casual Dining sector. Take Las Iguanas for example. There are 55 outlets open so far, and the network is expanding. To start your business, you will need an initial investment of £700,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Las Iguanas, the minimum personal investment 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. Financial support is available for eligible franchisees.
Café Rouge is another interesting franchise option if you plan to invest in the Casual Dining sector. This brand is expanding, counting 90 locations across the country. You will need an initial investment of £700,000 to open your own Café Rouge business. Your personal investment should account for at least £350,000 of the total amount. You may want to consider getting a loan to open a business in this sector. 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. When investing in this franchise, you could qualify for financial assistance.
Wolf is a third interesting investment opportunity in the Casual Dining sector. By joining its current four franchisees, you would be joining a growing brand network. This business requires a substantial initial investment of £200,000. 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 Wolf business is £100,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Opening a business in the Casual Dining sector has great potential. If you're interested, explore our 15 available opportunities. With close to 250 new business investment opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.