Restaurant Franchise opportunities to start in Farnborough
Investing in Farnborough could be your next move
Farnborough, located in South East England, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the West Berkshire area. Starting a business should be exciting! Have a look at our range of franchising opportunities, focusing on the sectors that you feel most passionate about.
The West Berkshire area has 159,000 residents. The most represented age group is 40-59 years old. The region has a 2.7% unemployment rate, which is significantly lower than the national average of 4%. Overall, the region's economically active population consists of 83,100 people or 85.8% of the total population. West Berkshire has an average annual salary of £38,416, which is significantly higher than the national average income of close to £31,000.
Why start a business in the Casual Dining sector?
There are 15 UK-based franchises available in the Casual Dining sector. You will find many business opportunities in the Restaurant industry, including those in the Casual Dining sector. Other possibilities include four Halal franchises, 11 Fast Food franchises, three Frozen Yogurt franchises, two Chicken franchises and three Pub & Bar franchises. The perfect business to suit your career goals and aspirations might just be among them. The Hospitality and Food Services industry provides work for many people. In West Berkshire, companies currently employ 6,000 people in the industry.
Want to know more? Read about these three brands
If the Casual Dining sector is your area of interest, Bella Italia is worth looking at. The brand is expanding, with 100 locations already in operation, and a desire to expand further. This business requires a significant initial investment of £700,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Bella Italia business is £350,000. 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.
Another option worth considering is Wolf. By joining its four franchises already in operation, you could contribute to this brand's expansion. Starting a Wolf franchise will require you to invest a minimum of £200,000. At least £100,000 of this should come from your own personal investment. 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.
Finally, Shoryu Ramen is another attractive brand operating in the Casual Dining sector. You will need to invest £400,000 to start your own Shoryu Ramen business. At least £200,000 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. A small premises will also be required to operate this business. Financial assistance is available for eligible franchisees. Visit our website for more information.
If you are interested in the Casual Dining sector and would like to know more about its available franchising opportunities, look into the 15 businesses currently recruiting franchisees in the sector. Whether you've already made the decision to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of almost 250 franchising opportunities to help you find the right fit.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.