Restaurant Franchise opportunities to start in Arnold
Arnold is an attractive town to invest in
Would you like to run your own business? Arnold, located in Yorkshire and the Humber, could be a good place to start. There are many businesses currently recruiting franchisees in the East Riding of Yorkshire area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. If you already know which line of work you'd like to pursue, check out our franchise options in that sector. If not, have a browse and see what other options catch your eye. We have brands to suit many different interests and career goals.
There are 340,000 people living in the East Riding of Yorkshire region. Residents in the 60+ age group make up the largest portion of the population. The labour force constitutes 81.8% of the population, or approximately 157,900 people. The community has an unemployment rate of 3.6% which is lower than the national average of 4%. With an average gross annual income of £29,761, salaries in East Riding of Yorkshire are in line with the average salary of close to £31,000 across the UK.
Why choose to open a business in the Casual Dining sector?
If you want to run your own business in the Casual Dining sector, the good news is that there are 15 franchises currently recruiting new franchisees across the country. Bear in mind that the potential for exciting investment opportunities in the Restaurant services sector is not limited to the Casual Dining sector. Other available investment opportunities include three Pub & Bar franchises, nine Coffee, Cafe & Coffee Shop franchises, five Sandwich franchises, two Food Truck franchises and two Bubble Tea franchises. See if there's one to suit your business goals.
Have a look at three franchise business examples
If you're interested in the Casual Dining sector, have a look at Las Iguanas. This brand is developing, counting 55 outlets across the UK. You will need to invest £700,000 to start your own Las Iguanas 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 are unsure about starting your own business, taking on an established franchise could be the answer. Las Iguanas 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.
Another option worth considering is Café Rouge. By joining its network of 90 franchisees, you could play a part in this brand's success. A total of £700,000, a substantial initial investment, is required to open a Café Rouge franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £350,000 of the total investment should come from your personal funds. 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. You will have all the guidance you need to operate your business thanks to the training and support provided by Café Rouge. And if you can't cover the startup costs on your own, you may be eligible for financial aid.
Lastly, another interesting franchising opportunity is Shoryu Ramen. By joining its current 13 franchisees, you would become a part of a growing brand network. Opening a Shoryu Ramen business requires a substantial initial investment of £400,000. If you intend to get a loan to cover the startup costs, Shoryu Ramen asks for a personal investment of at least £200,000. 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 small premises to operate this business. Investing in Shoryu Ramen entitles you to all the guidance, training and support you need to run your business effectively. And if you can't afford the startup costs on your own, you may qualify for 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 right franchising opportunity for you is among them. 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.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.