Restaurant Franchise opportunities to start in Luton

Luton is waiting for you to begin a franchise business

If you want to open your own business, you may find that Luton has a lot to offer. Many brands are currently looking for franchisees in the Luton area. Read on to find out if running a franchise could be a good option for you! Why not have a look through our range of franchising options? There are opportunities to suit various needs and business goals.

According to recent census data, 214,000 people live in Luton. The age group with the highest concentration is 20-39. The community has 103,100 economically active people, representing 74.1% of the population, with an unemployment rate of 5%. This rate is slightly higher than the country's 4% national average. With an average gross annual income of £28,196, salaries in Luton are slightly lower than the average salary of close to £31,000 across the United Kingdom.

Running a franchise in the Casual Dining sector

There are 15 UK-based franchises available in the Casual Dining sector. The Casual Dining sector is just one sector among many in the Restaurant sector. Its three Frozen Yogurt franchises, 14 Takeaway franchises, three Juice Bar franchises, 11 Fast Food franchises and four Pizza franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting business opportunity. It may interest you to know that businesses in the Luton area currently employ 4,500 people in the Hospitality and Food Services industry.

Check out three available franchise options

Bella Italia could be a great choice for you if you're interested in the Casual Dining sector. This brand is growing, counting 100 outlets in the UK. This business requires a significant initial investment of £700,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Bella Italia business is £350,000. The higher startup costs make this 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. Financial assistance is available for eligible franchisees.

If the Casual Dining sector appeals to you, Veeno is another option you could have a look at. There are eight locations open so far, and the network is expanding. You will need to invest £80,000 to open your own Veeno business. At least £35,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. By investing in this established brand, you could qualify for financial aid.

Lastly, you could also consider Las Iguanas. The brand is developing, with 55 locations already in operation, and a desire to expand further. To start your business, you will need an initial investment of £700,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Las Iguanas, the minimum personal investment is £350,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. You could also receive financial aid, if eligible. See 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.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.