Restaurant Franchise opportunities to start in Norwich
Norwich: A great location to start a business
The franchising opportunities in Norwich, located in the East of England, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to find out which brands you could work with in Norwich. With your interests and career goals in mind, have a look at our range of new business investment options.
There are 141,000 people living in the Norwich region. The age group with the highest concentration is 20-39. Unemployment in the area (7.6%) is high compared to the UK as a whole (4%). The labour force represents 78.3% of the local population, or 73,400 people. The gross annual salary in Norwich amounts to £26,353, which is slightly lower than the national average of just over £30,500.
Investment opportunities in the Casual Dining sector
There are 15 brands offering franchise options in the Casual Dining sector. The Casual Dining sector is a part of the Restaurant industry. Other brands recruiting in this industry include three Pub & Bar franchises, 15 Restaurant franchises, three Frozen Yogurt franchises, four Halal franchises and four Pizza franchises. Among these franchising options, there will likely be one that fits your career goals and aspirations. If you are thinking about starting a business in Hospitality and Food Services, Norwich could be a good place to do it. Indeed, 6,000 people have already made the decision to work in this field in the Norwich area.
Three franchise businesses worth reading about
Veeno operates in the Casual Dining sector. There are eight outlets open so far, and the network is expanding. 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 start a business in this sector. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Another possibility to consider is Wolf. 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 qualify for financial assistance.
Finally, Bella Italia is another competitive brand operating in the Casual Dining sector. Opening a Bella Italia franchise will require you to invest a minimum of £700,000. At least £350,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business.
The Casual Dining sector currently offers 15 franchising options. Point Franchise has 236 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.