Restaurant Franchise opportunities to start in High Wycombe

What to know before opening a franchise in High Wycombe

If you want to start a business in High Wycombe, working for yourself but not on your own, then check out our franchising opportunities in South East England. On this page, you will find a variety of brands to choose from for becoming a franchisee in the Wycombe area and across the United Kingdom. With your interests and career objectives in mind, have a look at our range of franchising options.

Wycombe has a population of approximately 175,000 people. The majority of the population sits within the 40-59 age range. The local unemployment rate of 5.1% is high compared to the national average of 4%. The local labour force consists of 92,000 people, representing 85.3% of the population. Wycombe has an average annual salary of £39,657. This salary is significantly higher than the rest of the UK, which has an average income of close to £31,000.

The Casual Dining sector could be the right choice for you

There are 15 franchises in the Casual Dining sector to choose from. Bear in mind that the Restaurant services sector offers many investment opportunities in addition to those in the Casual Dining sector. Have a look through our two Bubble Tea franchise, two Food Truck franchises, two Burger franchises, three Pub & Bar franchises and nine Coffee, Cafe & Coffee Shop franchises to find out if any suit your career goals and aspirations. Many companies in Wycombe already work in the Hospitality and Food Services industry, which employs 5,000 people. You would become a part of a well-established business community.

Have a look at these three business examples

Café Rouge is a competitive business operating in the Casual Dining sector. This business opportunity requires a significant initial investment of £700,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Café Rouge requires a minimum personal investment of £350,000. 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 you can't cover the startup costs on your own, you could see if you qualify for financial assistance. This brand also provides its franchisees with full training and support.

Shoryu Ramen is another interesting option. This brand is growing, counting 13 locations in the UK. In order to start a Shoryu Ramen business, a substantial initial investment of £400,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Shoryu Ramen asks for a personal investment of at least £200,000. 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 small premises to operate this business. Shoryu Ramen could be a good option for you, as the company provides comprehensive training and support. Also, if you can't afford the startup costs alone, you may be entitled to financial aid.

Lastly, another interesting franchise option is Wolf. By joining its network of four franchisees, you could play a part in this brand's success. Opening a Wolf business requires a significant initial investment of £200,000. If you intend to get a loan to cover the startup costs, Wolf asks for a personal investment of at least £100,000. For most franchises, this amount represents 30 to 50% of the total investment. 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. If you are unsure about starting your own business, taking on an established franchise could be the solution. Wolf provides full training and support, ensuring that its franchisees are well-equipped to succeed. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See eligibility details on our website.

If working in the Casual Dining sector appeals to you, check out our 15 available investment options in the sector. With close to 250 new business investment opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.

This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.