Restaurant Franchise opportunities to start in Wellingborough
Wellingborough and its prospects for new Businesses
You could open your own business by becoming a franchisee in Wellingborough. Wellingborough, located in the East Midlands, offers a variety of new business investment opportunities. On this page, you'll find a selection of companies looking for franchisees. With your interests and business objectives in mind, have a look at our range of franchising options.
There are approximately 79,000 people currently living in Wellingborough. The majority of residents are aged 40 to 59 years old. Wellingborough has an average annual income of £26,305. This salary is slightly lower than the rest of the UK, which has an average salary of just over £30,500.
What the Casual Dining sector could offer you
Are you interested in the Casual Dining sector? You're likely to find a franchise worth considering among 15 brands across the UK. In addition to the business opportunities in the Casual Dining sector, the Restaurant industry offers two Food Truck franchises, 15 Restaurant franchises, five Noodle Bar franchises, 11 Fast Food franchises and two Chicken franchises. Have a look at the brands to see if your perfect match is among them.
Check out these three business examples
If you would like to invest in a Casual Dining business, you could consider Wolf. This brand is growing, counting four outlets across the UK. To start your business, you will need an initial investment of £200,000. If you intend to get 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 Wolf, the minimum personal investment is £100,000. 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. Eligible candidates may apply for financial aid.
Take a look at Café Rouge. The brand is developing, with 90 locations currently in operation, and a desire to expand further. To open your own Café Rouge franchise, you will need to invest £700,000, of which at least £350,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. 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. If eligible, you might be entitled to financial assistance.
Las Iguanas is a third interesting franchise option in the Casual Dining sector. By joining its 55 franchises already in operation, you could contribute to this brand's expansion. You will need an initial investment of £700,000 to start your own Las Iguanas business. Your personal investment should account for at least £350,000 of the total amount. You may want to think about getting a loan to open a business in this sector. The higher startup costs make this 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 you can't cover the startup costs on your own, you may qualify for financial aid. Visit our website for details.
Many businesses are already operating in the Casual Dining sector. We currently have 15 franchise opportunities available in the sector. Whether you've already made the decision to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of almost 250 franchising opportunities to help you find the right fit.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.