Restaurant Franchise opportunities to start in Eastleigh
What to know before starting a franchise in Eastleigh
The franchising options in Eastleigh, located in the South West, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to find out which brands you could work with in North Devon. Explore our sectors and brands to find your best options among various franchising opportunities, keeping in mind your personal interests and career objectives.
There are approximately 96,000 people currently living in North Devon. The 60+ age group makes up the majority of the population. The average annual income across the United Kingdom is close to £31,000. With a gross salary averaging £22,123, residents of North Devon have a lower salary than the national average.
The Casual Dining sector: An interesting opportunity for franchisees
There are 15 brands offering franchise opportunities in the Casual Dining sector. The Casual Dining sector is a part of the Restaurant sector. Other brands recruiting in this industry include two Food Truck franchises, 14 Takeaway franchises, four Pizza franchises, two Bubble Tea franchises and 15 Restaurant franchises. Among these new business investment opportunities, there will likely be one that fits your career goals and aspirations. In North Devon, there are currently 6,000 people working in the Hospitality and Food Services industry, so you would become a part of an established business community.
Want to know more? Read about these three brands
If the Casual Dining sector is your area of interest, Shoryu Ramen is worth looking at. By joining its network of 13 franchisees, you could play a part in this brand's success. To start your business, you will need an initial investment of £400,000. 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 typically be required. For Shoryu Ramen, the minimum personal investment is £200,000. It is thus less appropriate for new investors. You will also need to invest in a small premises to operate this business. You could also receive financial aid, if eligible.
Another brand worth considering is Café Rouge. The brand is developing, with 90 outlets currently in operation, and a desire to expand further. A total of £700,000, a significant initial investment, is required to open a Café Rouge franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £350,000 of the total investment should come from your personal funds. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. When investing in this franchise, you could qualify for financial assistance.
Finally, if the Casual Dining sector appeals to you, Veeno is another option you could have a look at. By joining its current eight franchisees, you would be joining a growing brand network. Opening a Veeno franchise will require you to invest a minimum of £80,000. At least £35,000 of this should come from your own personal investment. 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. An investment in this franchise entitles you to financial aid, if eligible. See our website for details.
If you would like to know more about franchise opportunities in the Casual Dining sector, have a look through our 15 available options. On Point Franchise, there is plenty of choice in other sectors too. We have 236 franchising opportunities in total to choose from.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.