Restaurant Franchise opportunities to start in Cambridge

What to consider when starting a franchise in Cambridge

Many brands are currently recruiting franchisees in Cambridge, located in the East of England. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing assistance. Keep reading to explore the options in the Cambridge area. We offer franchise investment options in a variety of sectors. Why not look into the sector that appeals to you the most?

There are an estimated 126,000 people in the Cambridge area. The majority of the population falls within the 20-39 age category. Approximately 69,400 people are economically active in the community, representing 81.8% of the population. The unemployment rate (1.4%) is very low compared to the national average (4%). The average annual salary across the UK is £30,629. With a gross income averaging £33,225, residents of Cambridge have a higher salary than the national average.

Running a franchise in the Casual Dining sector

If you want to run your own business in the Casual Dining sector, the good news is that there are 15 franchises currently recruiting new franchisees across the country. The Casual Dining sector is part of the Restaurant industry which offers a wide range of interesting options. These include two Bubble Tea franchises, 14 Takeaway franchises, four Pizza franchises, two Burger franchises and two Food Truck franchises. See if any catch your eye.

Read about these three brands to see what franchise opportunities exist

If you're interested in the Casual Dining sector, have a look at Shoryu Ramen. By joining its current 13 franchisees, you would be joining a growing brand network. This business opportunity requires a substantial initial investment of £400,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Shoryu Ramen asks for a minimum personal investment of £200,000. Due to the higher startup costs, this option is not advisable 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.

The Casual Dining sector has many brands worth considering. Take a look at Café Rouge. By joining its 90 franchises already in operation, you could contribute to this brand's expansion. You will need to invest £700,000 to open your own Café Rouge business. At least £350,000 of this substantial amount 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. If you can't cover the startup costs on your own, you may be eligible for financial aid.

As a final example, check out Veeno. The brand is growing, with eight outlets currently in operation, and a desire to expand further. You will need an initial investment of £80,000 to start 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 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. When investing in this franchise, you could qualify for financial aid. Visit our website for more information.

The Casual Dining sector offers 15 franchising opportunities. You will find a total of 236 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.

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