Restaurant Franchise opportunities to start in Bognor Regis
Why should you invest in Bognor Regis?
If you're considering running your own business in Bognor Regis, located in South East England, you should look at franchising options. Several brands are currently recruiting in the Arun area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to find out if this could be for you. We offer a number of realistic new business investment opportunities, so that you can find one you like.
The population of Arun is made up of 160,000 people. The most prevalent age group in the population is over 60 years old. The area has a 5.1% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's labour force consists of 69,100 people or 80.0% of the total population. The average gross salary in the UK is just over £30,500. Residents of Arun earn £26,777 a year on average.
Why Casual Dining businesses appeal to franchisees
There are currently 15 opportunities to invest in the Casual Dining sector. If you would like to operate a business in this field, keep reading. Could a starting business in the Casual Dining sector, or in the Restaurant industry more widely, help you reach your career goals and aspirations? Take a look at the 11 Fast Food franchises, three Juice Bar franchises, four Halal franchises, 14 Takeaway franchises and five Sandwich franchises recruiting at this time. In Arun, the Hospitality and Food Services industry already provides employment for nearly 6,000 people, potentially making this path an ideal one for you, too!
Read about these three brands to see what franchise options exist
The Casual Dining sector has many franchise options available, such as Las Iguanas. The brand is developing, with 55 locations already in operation, and a desire to expand further. A significant initial investment of £700,000 will enable you to open your own Las Iguanas business. In most cases, your personal investment should represent 30 to 50% of the total amount. Las Iguanas requires you to personally invest at least £350,000. You could potentially get a loan to cover the remaining costs. 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. Financial support is available for eligible franchisees.
Veeno could be another good option for you to invest in. This brand is growing, counting eight outlets in the UK. You will need an initial investment of £80,000 to open your own Veeno business. Your personal investment should account for at least £35,000 of the total amount. You may want to consider getting a loan to open a business in this sector. 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 large premises to operate this business. If eligible, you might be able to benefit from financial aid.
As a final Casual Dining franchise option, have a look at Wolf. By joining its current four franchisees, you would be joining a growing brand network. To start your business, you will need an initial investment of £200,000. If you plan on getting 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 Wolf, the minimum personal investment is £100,000. 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. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance. Visit our website for details.
Opening a business in the Casual Dining sector has great potential. If you're interested, check out our 15 available options. Whether you've already decided to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we offer a total of 236 franchising opportunities to help you find the perfect fit.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.