Restaurant Franchise opportunities to start in Wokingham
Investing in a franchise in Wokingham
Are you thinking about opening a franchise? Wokingham, in the South East of England, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while managing your own business. Have a look at the brands currently recruiting in Wokingham. Why not have a look through our selection of franchising options? There are opportunities to suit many needs and career objectives.
There are 168,000 people living in the Wokingham region. The 40-59 age group makes up the majority of the population. Unemployment affects 4% of the UK population. With a rate of 1.9%, unemployment in this area is significantly lower than the national average. The economically active population amounts to 83,400 people, representing 82.7% of the population. In the UK, the average gross income is just over £30,500; in the Wokingham area, it is £39,411.
The Casual Dining sector could be the right choice for you
If the idea of running a business in the Casual Dining sector appeals to you, check out the 15 brands currently recruiting franchisees in the sector. The Casual Dining sector is a part of the Restaurant industry. Other brands recruiting in this industry include three Juice Bar franchises, 15 Restaurant franchises, two Burger franchises, four Pizza franchises and three Frozen Yogurt franchises. Among these new business investment options, there will likely be one that fits your career goals and aspirations. Interesting fact: companies in Hospitality and Food Services employ 5,000 people in the Wokingham area. This could be your opportunity to start a successful business of your own!
Take a look at three franchise business examples
If you are interested in running a business in the Casual Dining sector, read about Café Rouge. There are 90 outlets open so far, and the network is expanding. You will need to invest £700,000 to open your own Café Rouge business. At least £350,000 of this significant amount 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. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Shoryu Ramen is an interesting investment opportunity in the Casual Dining sector. By joining its 13 franchises already in operation, you could contribute to this brand's expansion. To start your own Shoryu Ramen franchise, you will need to invest £400,000, of which at least £200,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. Financial support is available for eligible franchisees.
Finally, Bella Italia could be another good option for you to invest in. By joining its current 100 franchisees, you would become a part of a growing brand network. This business requires a substantial initial investment of £700,000. If you plan on getting 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 start 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. A large premises will also be required to operate this business. If eligible, you might be able to benefit from financial assistance. See our website for details.
We offer a total of 15 businesses in the Casual Dining sector. If you're interested, see if the perfect franchising opportunity for you is among them. At Point Franchise, we are proud to offer almost 250 franchise options across various sectors, helping you find the perfect investment opportunities for you.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.