Restaurant Franchise opportunities to start in Hoddesdon
What can Hoddesdon offer to new businesses?
Would you like to start a business in Hoddesdon, located in the East of England? Would you like to work for yourself but not on your own? If so, have a look at our franchising opportunities. On this page, you'll find various brands offering the training and support you need to run your own business in the Broxbourne area. Starting a business should be exciting! Explore our selection of franchising options, starting with the sectors that you feel most passionate about.
The population of Broxbourne is made up of 97,000 people. Residents aged 40 to 59 years old have the highest concentration in the population. The 5.2% unemployment rate among the 50,400 economically active people in the area is slightly higher than the national average. The annual salary in the UK is £30,629 on average. The people of Broxbourne earn an average annual salary of £34,070, higher than the country's average.
The Casual Dining sector and its business opportunities
There are 15 brands offering franchise options in the Casual Dining sector. The Casual Dining sector is just one sector among many in the Restaurant industry. Its three Pub & Bar franchises, three Juice Bar franchises, four Halal franchises, 11 Fast Food franchises and five Noodle Bar franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting business venture.
Eager to know more? Here are three franchise business examples
If working in the Casual Dining sector appeals to you, check out Wolf. The brand is growing, with four outlets currently in operation, and a desire to expand further. You will need an initial investment of £200,000 to open your own Wolf business. Your personal investment should account for at least £100,000 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. A large premises will also be required to operate this business. When investing in this franchise, you can benefit from the assistance and support of an established brand and you could even qualify for financial assistance.
Bella Italia could be another good option for you to invest in. There are 100 locations open so far, and the network is expanding. You will need to invest £700,000 to begin running your own Bella Italia business, which is a significant initial investment. Your personal investment should account for at least £350,000 of the total amount. 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. Bella Italia could be a good option for you, as the company provides comprehensive training and support. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid.
Lastly, Café Rouge is another successful business operating in the Casual Dining sector. By joining its current 90 franchisees, you would be joining a growing brand network. In order to open a Café Rouge business, a significant initial investment of £700,000 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. Café Rouge asks for a personal investment of at least £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. Investing in Café Rouge entitles you to all the guidance, training and support you need to run your business successfully. And if you can't afford the startup costs on your own, you may be eligible for financial aid. Visit our website for details.
Eager to read more about business opportunities in the Casual Dining sector? Check out our 15 available options. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across a variety of sectors. Enjoy exploring your options.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.