Restaurant Franchise opportunities to start in King's Lynn
King's Lynn is an attractive town to invest in
King's Lynn, located in the 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 King's Lynn and West Norfolk area. We offer franchise investment options in a variety of sectors. Why not explore the sector that appeals to you the most?
The King's Lynn and West Norfolk area has a population of 152,000 residents. The population's most prevalent age group is made up of 60+ year olds. The 3.2% unemployment rate among 69,100 economically active people in the area is lower than the national average. The region's average gross annual income of £25,049 is slightly lower than the average income of close to £31,000 across the United Kingdom.
Why the Casual Dining sector appeals to franchisees
There are currently 15 opportunities to invest in the Casual Dining sector. If you would like to run a business in this sector, keep reading. This is just one of the sectors you could choose within the Restaurant services sector. There are also five Noodle Bar franchises, two Burger franchises, 15 Restaurant franchises, three Pub & Bar franchises and two Food Truck franchises. Have a look and see if any are a good fit for you. The Hospitality and Food Services industry provides work for many people. In King's Lynn and West Norfolk, companies currently employ 4,500 people in the field.
Want to know more? Read about these three brands
If the Casual Dining sector is your area of interest, Veeno is worth considering. By joining its current eight franchisees, you would be joining a growing brand network. Starting a Veeno franchise will require you to invest a minimum of £80,000. At least £35,000 of this 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. A large premises will also be required to operate this business. If you can't cover the startup costs on your own, you may be eligible for financial assistance.
Las Iguanas is another attractive brand operating in the Casual Dining sector. You will need to invest £700,000 to open your own Las Iguanas business. At least £350,000 of this substantial 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. You may qualify for financial aid.
The Casual Dining sector has many brands worth considering. As a final example, have a look at Shoryu Ramen. By joining its network of 13 franchisees, you could contribute to this brand's success. Opening a Shoryu Ramen business requires a significant initial investment of £400,000. At least £200,000 should come from your own personal investment. It is thus less appropriate for new investors. You will also need to invest in a small premises to operate this business. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for details.
There are currently 15 franchising opportunities available in the Casual Dining sector. Point Franchise offers a total of close to 250 franchising opportunities across many different sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.