Restaurant Franchise opportunities to start in Hertford
Hertford could be home to your new business
If you want to open your own business, you may find that Hertford has a lot to offer. Several brands are currently recruiting franchisees in the East Hertfordshire area. Keep reading to see if running a franchise could be a good option for you! Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to starting your own business.
There are an estimated 148,000 people in the East Hertfordshire area. The 40-59 age range makes up the majority of the population. The area has 70,700 economically active people, representing 77.1% of the population, with an unemployment rate of 1.9%. This rate is significantly lower than the country's 4% national average. Salaries in East Hertfordshire average £48,836 a year, while in the UK the average income is just over £30,500.
The Casual Dining sector: An interesting opportunity for franchisees
Across the UK, there are currently 15 opportunities to run your own franchise in the Casual Dining sector. Many brands offer franchise opportunities in other sectors within the Restaurant services sector. For instance, there are two Food Truck franchises, four Pizza franchises, 14 Takeaway franchises, two Bubble Tea franchises and five Noodle Bar franchises. You'll find options to suit many different career goals and aspirations. If you want to work in the Hospitality and Food Services industry, you may be interested to know that, in the East Hertfordshire area, 5,000 people currently work in the industry.
Read about these three brands to see what franchise options exist
Veeno is a competitive business operating in the Casual Dining sector. The brand is expanding, with eight outlets currently in operation, and a desire to expand further. 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 think about getting a loan to open a business in this sector. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial assistance, if eligible.
Another brand worth considering is Café Rouge. By joining its network of 90 franchisees, you could contribute to this brand's success. A substantial initial investment of £700,000 will enable you to open your own Café Rouge business. In most cases, your personal investment should represent 30 to 50% of the total amount. Café Rouge requires you to personally invest at least £350,000. You could potentially apply for a loan to cover the remaining costs. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. You could also benefit from financial aid, if eligible.
Finally, Bella Italia is another interesting investment opportunity if you plan to invest in the Casual Dining sector. By joining its current 100 franchisees, you would become a part of a growing brand network. In order to start a Bella Italia business, a substantial initial investment of £700,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Bella Italia asks for a personal investment of at least £350,000. 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 on your own, you may qualify for financial support. Visit our website for more information.
We offer a total of 15 businesses in the Casual Dining sector. If you're interested, see if the perfect investment opportunity for you is among them. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of 236 franchising possibilities.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.