Restaurant Franchise opportunities to start in Southampton
Starting a new business in Southampton
The franchising opportunities in Southampton, located in South East England, 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 discover which brands you could work with in Southampton. We offer a variety of realistic new business investment options, so that you can find one you like.
Southampton has a population of approximately 253,000 people. The population's most prevalent age group is made up of 20-39 year olds. The economically active population in Southampton amounts to 138,000 people, with an unemployment rate of 5.7%. This rate is slightly higher than the national average. The UK's annual average income is £30,629. Salaries in Southampton are slightly lower in comparison, averaging £26,049 a year.
Could the Casual Dining sector be the right choice for you?
If the idea of running a business in the Casual Dining sector appeals to you, have a look at the 15 brands currently recruiting franchisees in the sector. This is just one of the sectors you could choose within the Restaurant services sector. There are also four Pizza franchises, four Halal franchises, three Pub & Bar franchises, 14 Takeaway franchises and three Juice Bar franchises. Have a look and find out if any are a good fit for you. It may interest you to know that businesses in the Southampton area currently employ 8,000 people in the Hospitality and Food Services industry.
Three franchise business examples
If you'd like to run your own Casual Dining business, Café Rouge might be a great option for you. By joining its network of 90 franchisees, you could contribute to this brand's success. You will need to invest £700,000 to start operating your own Café Rouge business, which is a substantial initial investment. Your personal investment should account for at least £350,000 of the total amount. Due to the higher startup costs, this option is not advisable 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 on your own, you may qualify for financial support.
Wolf is an interesting franchising opportunity in the Casual Dining sector. By joining its current four franchisees, you would be joining a growing brand network. 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 typically be required. For Wolf, the minimum personal investment is £100,000. 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. If eligible, you might be able to benefit from financial assistance.
Finally, check out Veeno, another competitive Casual Dining franchise. The brand is developing, with eight outlets already in operation, and a desire to expand further. An initial investment of £80,000 will enable you to open 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 get 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. Eligible candidates may apply for financial aid. Visit our website for details.
If you are interested in the Casual Dining sector and want to discover more franchising options, take a look at the 15 brands available in this sector. You will find a total of almost 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
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