Restaurant Franchise opportunities to start in Newbury
What to know before opening a franchise in Newbury
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our range of brands in Newbury, located in the West Berkshire area in the South East of England, where many businesses are currently recruiting. By browsing the sectors that appeal to you the most, you will find the brands that best suit your interests and career objectives.
The population of West Berkshire is 159,000. Residents aged 40 to 59 years old are the most represented within the population. The local unemployment rate of 2.7% is very low compared to the national average of 4%. The local labour force consists of 83,100 people, making up 85.8% of the population. The average gross salary in the United Kingdom is just over £30,500. Residents of West Berkshire earn £38,416 a year on average.
Why start a business in the Casual Dining sector?
Across the UK, there are currently 15 opportunities to run your own franchise in the Casual Dining sector. Bear in mind that the Restaurant sector offers many investment opportunities in addition to those in the Casual Dining sector. Have a browse through our nine Coffee, Cafe & Coffee Shop franchise, two Food Truck franchises, 11 Fast Food franchises, three Juice Bar franchise and four Pizza franchises to see if any suit your career goals and aspirations. If you are considering joining the Hospitality and Food Services industry, it may interest you to know that 6,000 people have already made the decision to work in this industry in the West Berkshire area.
Three brands worth your attention
Café Rouge is an interesting franchise operating in the Casual Dining sector. This brand is developing, counting 90 location across the UK. Opening a Café Rouge business requires a substantial initial investment of £700,000. At least £350,000 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. Financial aid can be given in some circumstances.
Las Iguanas is another interesting investment opportunity if you plan to invest in the Casual Dining sector. There are 55 outlet open so far, and the network is expanding. Starting a Las Iguanas franchise will require you to invest a minimum of £700,000. At least £350,000 of this should come from your own personal investment. It is thus less appropriate for new investors. A large premises will also be required to operate this business. If you can't cover the startup costs on your own, you could find out if you qualify for financial assistance.
Finally, another opportunity worth considering is Veeno. By joining its network of eight franchisee, 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. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. You may qualify for financial aid. Visit our website for more information.
The Casual Dining sector offers 15 franchising options. With 236 franchising opportunities to choose from across various sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.