Restaurant Franchise opportunities to start in St Helens
Starting a franchise business in St Helens
St Helens, located in the South East of England, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Isle of Wight area. Explore our sectors and brands to find your best options among various franchising opportunities, keeping in mind your personal interests and business objectives.
Isle of Wight has an estimated population of 142,000 residents. When broken down by age range, 60+ year olds represent the largest portion of the population. The 3.6% unemployment rate among the 58,600 economically active people in the area is lower than the national average. The annual income in the UK is just over £30,500 on average. The people of Isle of Wight earn an average annual salary of £24,262, lower than the country's average.
Why open a franchise in the Casual Dining sector?
If you wish to run a business in the Casual Dining sector, take a look at our 15 brands currently recruiting franchisees in the field. Bear in mind that the Restaurant sector offers many investment opportunities in addition to those in the Casual Dining sector. Have a look through our three Frozen Yogurt franchise, two Chicken franchises, 11 Fast Food franchises, three Pub & Bar franchises and three Juice Bar franchises to find out if any suit your career goals and aspirations. If you want to work in the Hospitality and Food Services industry, it may interest you to know that, in the Isle of Wight area, 7,000 people currently work in the industry.
Three franchise business examples worth looking at
Shoryu Ramen could be a great option for you if you're interested in the Casual Dining sector. By joining its current 13 franchisees, you would be joining a growing brand network. To start your business, you will need an initial investment of £400,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Shoryu Ramen, the minimum personal investment is £200,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. A small premises will also be required to operate this business. Financial assistance is available for eligible franchisees.
Bella Italia is an interesting franchise option in the Casual Dining sector. There are 100 outlets open so far, and the network is expanding. You will need to invest £700,000 to start operating your own Bella Italia business, which is a significant initial investment. Your personal investment should account for at least £350,000 of the total amount. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. You could also benefit from financial aid, if eligible.
Lastly, if the Casual Dining sector appeals to you, Wolf is another option you could consider. By joining its network of four franchisees, you could play a part in this brand's success. To start your own Wolf franchise, you will need to invest £200,000, of which at least £100,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. By investing in this established brand, you could be eligible for financial aid. See our website for details.
If you are interested in the Casual Dining sector and would like to discover more franchising opportunities, have a look at the 15 brands available in this sector. With 236 new business investment opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
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