Restaurant Franchise opportunities to start in Bristol
Why should you invest in Bristol?
If you're interested in running your own business in Bristol, located in South West England, you should explore franchising options. Several companies are currently recruiting in the Bristol area. As a franchisee you could manage your own business while benefitting from comprehensive support. Keep reading to find out if this could be for you. Browsing our selection of brands and sectors will allow you to pinpoint the type of business that is right for you.
Bristol has a population of approximately 463,000 people. When broken down by age group, the majority of the population falls within the 20-39 category. Approximately 256,700 people are economically active in the region, representing 80.3% of the population. The unemployment rate (4.6%) is high compared to the national average (4%). Across the UK, the annual gross salary is close to £31,000 on average. In the region of Bristol, it averages £29,472.
Why the Casual Dining sector appeals to franchisees
Are you interested in the Casual Dining sector? If so, there are 15 available franchises to choose from across the UK. Could an opening business in the Casual Dining sector, or in the Restaurant services sector more widely, help you reach your career goals and aspirations? Check out the nine Coffee, Cafe & Coffee Shop franchises, three Pub & Bar franchises, two Chicken franchises, two Food Truck franchises and 15 Restaurant franchises recruiting at this time.
Three franchise business examples worth looking at
If you're interested in the Casual Dining sector, have a look at Las Iguanas. There are 55 locations open so far, and the network is expanding. To start your own Las Iguanas 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. 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. If you can't cover the startup costs on your own, you could see if you qualify for financial assistance.
Another interesting investment opportunity is Veeno. By joining its network of eight franchisees, you could contribute to this brand's success. An initial investment of £80,000 will enable you to start your own Veeno business. In most cases, your personal investment should represent 30 to 50% of the total amount. Veeno requires you to personally invest at least £35,000. You could potentially apply for a loan to cover the remaining costs. 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. If eligible, you might be entitled to financial aid.
Lastly, if the Casual Dining sector appeals to you, Wolf is another option you could consider. The brand is expanding, with four outlets already in operation, and a desire to expand further. Opening a Wolf business requires a significant initial investment of £200,000. At least £100,000 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 large premises to operate this business. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid. Visit our website for more information.
There are currently 15 available franchise options in the Casual Dining sector. Take a look at these brands to see if there's a good fit for you. If you're curious about investment options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.