Restaurant Franchise opportunities to start in Grimsby
Grimsby is waiting for you to open a franchise business
Grimsby, located in Yorkshire and the Humber, offers a number of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the North East Lincolnshire area. We offer a number of franchises to suit a variety of budgets and career goals. Take a look at our selection of businesses and sectors to see what might suit you.
North East Lincolnshire has an estimated population of 160,000 people. The majority of residents are aged over 60 years old. Unemployment in the area (5.5%) is high compared to the United Kingdom as a whole (4%). The labour force represents 74.9% of the local population, or 71,600 people. Across the United Kingdom, the average gross salary is £30,629. In the North East Lincolnshire area, it amounts to £25,316.
The Casual Dining sector and its investment options
Are you interested in the Casual Dining sector? You're likely to come across a franchise worth considering among 15 brands across the UK. In fact, we have a wide range of options in the Restaurant services sector including the franchises in the Casual Dining sector. You can pick from two Chicken franchises, five Noodle Bar franchises, two Food Truck franchises, four Pizza franchises and three Pub & Bar franchises today. In North East Lincolnshire, the Hospitality and Food Services industry already provides work for nearly 4,500 people, potentially making this path an ideal one for you, too!
Here are three examples of franchise businesses
There are many interesting franchising possibilities in the Casual Dining sector. Take Las Iguanas for example. By joining its network of 55 franchisees, you could play a part in this brand's success. Starting a Las Iguanas business requires a significant initial investment of £700,000. At least £350,000 should come from your own personal 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. When investing in this franchise, you could qualify for financial aid.
Another brand worth considering is Café Rouge. There are 90 outlets open so far, and the network is expanding. To start your own Café Rouge franchise, you will need to invest £700,000, of which at least £350,000 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 is 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 choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
As a final example, take a look at Shoryu Ramen. The brand is expanding, with 13 locations currently in operation, and a desire to expand further. A significant initial investment of £400,000 will enable you to start your own Shoryu Ramen business. In most cases, your personal investment should represent 30 to 50% of the total amount. Shoryu Ramen requires you to personally invest at least £200,000. You could potentially get a loan to cover the remaining costs. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Financial aid can be provided in some circumstances. Visit our website for details.
Eager to read more about business opportunities in the Casual Dining sector? Check out our 15 available options. If this sector doesn't suit your needs, don't worry. Point Franchise offers almost 250 franchise options across a variety of sectors to help you find your perfect investment opportunity.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.