Restaurant Franchise opportunities to start in Exeter

Thinking about living and working in Exeter?

Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our range of brands in Exeter, located in the Exeter area in South West England, where many companies are currently recruiting. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and business objectives.

The Exeter area has a population of 130,000 people. Residents aged 20 to 39 years old make up the prevalent age group within the population. The local unemployment rate of 2.6% is very low compared to the national average of 4%. The local labour force consists of 70,900 people, representing 79.5% of the population. With an average gross annual income of £26,426, salaries in Exeter are slightly lower than the average salary of close to £31,000 across the United Kingdom.

Running a franchise in the Casual Dining sector

There are currently 15 opportunities to invest in the Casual Dining sector. If you would like to operate a business in this sector, keep reading. The Casual Dining sector is just one sector among many in the Restaurant services sector. Its nine Coffee, Cafe & Coffee Shop franchises, 11 Fast Food franchises, four Pizza franchises, three Juice Bar franchises and four Halal franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting business opportunity. In Exeter, the Hospitality and Food Services industry already provides employment for nearly 6,000 people, potentially making this path an ideal one for you, too!

Check out these three business examples

The Casual Dining sector offers a variety of brands to choose from, including Wolf. By joining its current four franchisees, you would be joining a growing brand network. This business requires a significant initial investment of £200,000. 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 Wolf business is £100,000. It is thus less appropriate for new investors. Financial aid can be provided in some circumstances.

Take a look at Veeno. This brand is expanding, counting eight outlets across the UK. Starting a Veeno business requires an initial investment of £80,000. At least £35,000 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. A large premises will also be required to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial assistance.

The Casual Dining sector has many brands worth considering. As a final example, take a look at Bella Italia. There are 100 locations open so far, and the network is expanding. A substantial initial investment of £700,000 will enable you to start your own Bella Italia business. In most cases, your personal investment should represent 30 to 50% of the total amount. Bella Italia requires you to personally invest at least £350,000. You could potentially apply for a loan to cover the remaining costs. 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. You could also receive financial aid, if eligible. See eligibility details on our website.

There are 15 franchises waiting to be discovered in the Casual Dining sector. But you also have plenty of investment options in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.