Restaurant Franchise opportunities to start in Yeovil
Why should you invest in Yeovil?
Discover the opportunities waiting for you in Yeovil, situated in South West England. On this page you'll find a selection of brands recruiting franchisees in the South Somerset area. Franchising is an opportunity to run your own business, complete with training and marketing assistance. Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
South Somerset has an estimated population of 168,000 residents. When broken down by age group, the 60+ age range is the most prevalent in the population. In terms of employment, the area has a labour force of 77,600 people (82.1%), of which the unemployment rate is 1.9%. This figure is significantly lower than the average unemployment rate across the country. South Somerset has an average annual salary of £24,883. This salary is slightly lower than the rest of the United Kingdom, which has an average income of close to £31,000.
The Casual Dining sector: An interesting opportunity for franchisees
Are you interested in running your own business in the Casual Dining sector? Take a look at our 15 franchise options available in this field. The Casual Dining sector is just one sector among many in the Restaurant industry. Its two Burger franchises, nine Coffee, Cafe & Coffee Shop franchises, three Pub & Bar franchises, four Halal franchises and four Pizza franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting business venture. In the South Somerset area, the Hospitality and Food Services industry provides employment for 5,000 people.
Three franchise business examples
If you'd like to open your own Casual Dining business, Wolf could be a great option for you. The brand is developing, with four outlet already in operation, and a desire to expand further. You will need to invest £200,000 to start your own Wolf business. At least £100,000 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.
Bella Italia is another interesting investment opportunity if you plan to invest in the Casual Dining sector. By joining its 100 franchise already in operation, you could contribute to this company's expansion. In order to open 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 generally 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 advisable 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.
Lastly, another option worth considering is Shoryu Ramen. There are 13 location open so far, and the network is expanding. Starting a Shoryu Ramen business requires a significant initial investment of £400,000. If you plan on getting a loan to cover the startup costs, Shoryu Ramen asks for a personal investment of at least £200,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors.
There are 15 franchises waiting to be discovered in the Casual Dining sector. Whether you've already decided to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of 236 franchising opportunities to help you find the perfect fit.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.