Restaurant Franchise opportunities to start in Bletchley
What to know before starting a franchise in Bletchley
Discover the business opportunities waiting for you in Bletchley, situated in the South East of England. On this page you'll find a selection of brands that could make you a franchisee in the Milton Keynes area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. If you already know which line of work you'd like to pursue, check out our franchise options in that sector. If not, look around and see what other options catch your eye. We have businesses to suit many different interests and career objectives.
There are 269,000 people in the Milton Keynes area. The population's most prevalent age group is made up of 0-19 year olds. The local labour force includes 140,300 people, or 82.2% of the total population. With an unemployment rate of 4.8%, recent data shows that employment in this area is slightly higher than in the rest of the United Kingdom. Residents in the area earn £32,644 per year on average. This income is slightly higher than the country's average gross salary, which reaches £30,629.
What the Casual Dining sector could offer you
There are 15 brands currently looking for franchisees in the Casual Dining sector. If this sector appeals to you, check them out. The Casual Dining sector is a part of the Restaurant sector. Other brands recruiting in this industry include three Pub & Bar franchises, 15 Restaurant franchises, 11 Fast Food franchises, two Food Truck franchises and four Halal franchises. Among these new business investment opportunities, there will likely be one that fits your career goals and aspirations.
Three franchises that might interest you
If you are interested in opening a franchise in the Casual Dining sector, Veeno could be an option for you. By joining its current eight franchisees, you would be joining a growing brand network. To start your business, you will need an initial investment of £80,000. 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 Veeno, the minimum personal investment is £35,000. It is thus less appropriate for new investors. A large 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 support.
Bella Italia could be another good option for you to invest in. By joining its network of 100 franchisees, you could contribute to this brand's success. You will need to invest £700,000 to begin running your own Bella Italia business, which is a significant initial investment. Your personal investment should account for at least £350,000 of the total amount. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. If eligible, you might be entitled to financial aid.
As a final example, take a look at Shoryu Ramen. By joining its 13 franchises already in operation, you could contribute to this company's expansion. You will need to invest £400,000 to open your own Shoryu Ramen business. At least £200,000 of this substantial amount should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. 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. See our website for details.
If you would like to find out more about franchise opportunities in the Casual Dining sector, have a browse through our 15 available options. On Point Franchise, there is plenty of choice in other sectors as well. We have close to 250 franchising opportunities in total to choose from.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.