Restaurant Franchise opportunities to start in Barnstaple
Thinking about living and working in Barnstaple?
Barnstaple, located in South West England, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the North Devon area. By exploring the sectors that appeal to you the most, you will find the brands that best suit your interests and business objectives.
Approximately 96,000 people currently live in North Devon. The majority of the population sits within the 60+ age range. In the United Kingdom, the average gross income is £30,629; in the North Devon area, it is £22,123.
Why Casual Dining businesses appeal to franchisees
If you wish to run a Casual Dining franchise, you are likely to find one that interests you among 15 available across the United Kingdom. The Casual Dining sector is part of the Restaurant industry which offers a wide range of interesting options. These include five Noodle Bar franchises, two Chicken franchises, four Halal franchises, three Frozen Yogurt franchises and three Juice Bar franchises. See if any catch your eye. Interesting fact: companies in Hospitality and Food Services employ six,000 people in the North Devon area. This could be your opportunity to open a successful business of your own!
Three franchise business examples worth looking at
Las Iguanas is a competitive brand operating in the Casual Dining sector. By joining its network of 55 franchisee, you could play a part in this brand's success. 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 generally be required. For Las Iguanas, the minimum personal investment is £350,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. Financial assistance can be provided in some circumstances.
Another option to consider is Bella Italia. The brand is developing, with 100 location currently in operation, and a desire to expand further. In order to start a Bella Italia business, a substantial initial investment of £700,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Bella Italia requires a personal investment of at least £350,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Lastly, another option worth considering is Café Rouge. There are 90 outlet open so far, and the network is expanding. You will need to invest £700,000 to open your own Café Rouge business. At least £350,000 of this substantial amount should come from your own personal investment. 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 large premises to operate this business.
We offer a total of 15 businesses in the Casual Dining sector. If you're interested, see if the right franchising opportunity for you is among them. You will find a total of 236 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.