Restaurant Franchise opportunities to start in Hemel Hempstead

Hemel Hempstead and its prospects for new Businesses

Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Take a look at our selection of brands in Hemel Hempstead, located in the Dacorum area in the East of England, where many businesses are currently recruiting. We offer a number of franchises to suit different budgets and career goals. Have a look at our range of brands and sectors to see what might suit you.

There are 154,000 people in the Dacorum area. Residents aged 40 to 59 years old make up the prevalent age group in the population. The region has a 2.9% unemployment rate, which is significantly lower than the national average of 4%. Overall, the region's economically active population consists of 78,200 people or 82.8% of the total population. The United Kingdom's annual average salary is close to £31,000. Salaries in Dacorum are slightly higher in comparison, averaging £32,443 a year.

Why choose to work in the Casual Dining sector?

Across the UK, there are 15 franchises operating in the Casual Dining sector. The Casual Dining sector is part of the Restaurant industry which offers a wide range of interesting options. These include two Bubble Tea franchises, nine Coffee, Cafe & Coffee Shop franchises, four Pizza franchises, two Food Truck franchises and two Chicken franchises. See if any catch your eye. If you're interested in the Hospitality and Food Services industry, you're not alone. In Dacorum, 4,000 people currently work in the industry.

Read about these three brands to see what franchise options exist

If the Casual Dining sector is your area of interest, Wolf is worth looking at. By joining its current four franchisees, you would become a part of a growing brand network. Opening a Wolf franchise will require you to invest a minimum of £200,000. At least £100,000 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. You will also need to invest in a large premises to operate this business. You may be eligible for financial assistance.

Have a look at Las Iguanas, another interesting Casual Dining franchise. The brand is expanding, with 55 locations currently in operation, and a desire to expand further. You will need to invest £700,000 to start running your own Las Iguanas business, which is a significant initial investment. Your personal investment should account for at least £350,000 of the total amount. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid.

Lastly, Shoryu Ramen is another successful brand operating in the Casual Dining sector. By joining its 13 franchises already in operation, you could contribute to this company's expansion. In order to start a Shoryu Ramen business, a substantial initial investment of £400,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Shoryu Ramen requires a personal investment of at least £200,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support. Visit our website for details.

There are currently 15 available franchising opportunities in the Casual Dining sector. Check out these brands to see if there's a good fit for you. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.

Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.