Restaurant Franchise opportunities to start in Evesham
Investing in a franchise in Evesham
Evesham, located in the West Midlands, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Wychavon area. Exploring our range of companies and sectors will allow you to pinpoint the type of business that is right for you.
The Wychavon area has a population of 127,000 people. The age group with the highest concentration is 60+. In terms of employment, the region has a labour force of 58,700 people (80.5%), of which the unemployment rate is 2.7%. This figure is significantly lower than the average unemployment rate across the United Kingdom. Wychavon has an average annual income of £30,835, which is in line with the national average salary of close to £31,000.
Why choose to operate in the Casual Dining sector?
If you want to manage your own business in the Casual Dining sector, the good news is that there are 15 franchises currently recruiting new franchisees across the country. Could a starting business in the Casual Dining sector, or in the Restaurant industry more widely, help you reach your career goals and aspirations? Have a look at the two Burger franchises, four Pizza franchises, five Noodle Bar franchises, 15 Restaurant franchises and four Halal franchises recruiting at this time. Interesting fact: companies in Hospitality and Food Services employ 3,500 people in the Wychavon area. This could be your opportunity to open a successful business of your own!
Three franchise business examples
Café Rouge is a competitive franchise operating in the Casual Dining sector. By joining its current 90 franchisees, you would be joining a growing brand network. 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 usually be required. For Café Rouge, the minimum personal investment is £350,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business.
Another option to consider is Las Iguanas. By joining its network of 55 franchisees, you could contribute to this brand's success. You will need to invest £700,000 to begin operating your own Las Iguanas business, which is a significant initial investment. Your personal investment should account for at least £350,000 of the total amount. Given these higher startup costs, this is 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 make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
Lastly, Shoryu Ramen is another successful brand operating in the Casual Dining sector. By joining its 13 franchises already in operation, you could contribute to this company's expansion. Starting a Shoryu Ramen business requires a significant initial investment of £400,000. At least £200,000 should come from your own personal investment. It is thus less appropriate for new investors. A small premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance. See our website for more information.
If you are interested in the Casual Dining sector and would like to know more about its available franchising options, check out the 15 companies currently recruiting franchisees in the sector. If you are still not sure which sector best suits your needs, have a look through our selection of 236 new business investment opportunities across different sectors on Point Franchise.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.