Restaurant Franchise opportunities to start in Oxford
Oxford: A great location to start a business
Have you ever considered opening a franchise in Oxford? This could be your opportunity to manage your own business while benefiting from comprehensive training and marketing support, since many brands in the Oxford area are currently recruiting franchisees. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
Recent figures show that 154,000 people live in Oxford. The majority of residents are aged 20 to 39 years old. Across the UK, the annual gross income is £30,629 on average. In the region of Oxford, it is £28,983.
Investment options in the Casual Dining sector
There are 15 brands currently looking for franchisees in the Casual Dining sector. If this sector appeals to you, check them out. This is just one of the sectors you could choose within the Restaurant services sector. There are also four Pizza franchises, five Sandwich franchises, 15 Restaurant franchises, 11 Fast Food franchises and three Frozen Yogurt franchises. Have a browse and see if any are a good fit for you. The Hospitality and Food Services industry provides work for many people. In Oxford, companies currently employ 8,000 people in the industry.
Three franchise businesses worth reading about
Shoryu Ramen is an interesting business operating in the Casual Dining sector. A substantial initial investment of £400,000 will enable you to start your own Shoryu Ramen business. In most cases, your personal investment should represent 30 to 50% of the total amount. Shoryu Ramen requires you to personally invest at least £200,000. 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 small premises to operate this business. If you can't cover the startup costs on your own, you may qualify for financial assistance.
Have a look at Bella Italia. There are 100 locations open so far, and the network is expanding. You will need an initial investment of £700,000 to start your own Bella Italia business. Your personal investment should account for at least £350,000 of the total amount. You may want to consider getting a loan to start a business in this sector. It is thus less appropriate for new investors. A large premises will also be required to operate this business. If you can't afford the startup costs on your own, you could find out if you qualify for financial aid.
Lastly, another possibility to consider is Las Iguanas. By joining its network of 55 franchisees, you could contribute to this brand's success. This business opportunity requires a significant initial investment of £700,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Las Iguanas asks for a minimum personal investment of £350,000. Due to the higher startup costs, this option is not recommended 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. See eligibility details on our website.
If you would like to take a look at more new business investment options in the Casual Dining sector, we currently have 15 available opportunities. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across a variety of sectors. Enjoy exploring your options.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.