Restaurant Franchise opportunities to start in Bishop's Stortford
Investing in a franchise in Bishop's Stortford
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our range of brands in Bishop's Stortford, located in the East Hertfordshire area in the East of England, where many companies are currently recruiting. There are a variety of franchising opportunities available based on your budget and career objectives. Have a browse to find the brand that appeals to you most.
The population of East Hertfordshire is made up of 148,000 residents. The population's most prevalent age group is made up of 40-59 year olds. Approximately 70,700 people are economically active in the area, representing 77.1% of the population. The unemployment rate (1.9%) is very low compared to the national average (4%). The local income averages £48,836 per year, which is significantly higher than the just over £30,500 average income in the United Kingdom as a whole.
The Casual Dining sector and its investment options
There are currently 15 opportunities to invest in the Casual Dining sector. If you would like to run a business in this sector, keep reading. The Restaurant services sector offers a variety of options in addition to those in the Casual Dining sector. These include 15 Restaurant franchises, two Food Truck franchises, two Bubble Tea franchises, 14 Takeaway franchises and three Pub & Bar franchises. Check out the brands available to find out which could be your perfect match. 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.
Check out three available franchise options
The Casual Dining sector has many franchise opportunities available, such as Shoryu Ramen. This brand is growing, counting 13 outlets in the United Kingdom. Opening a Shoryu Ramen business requires a substantial initial investment of £400,000. At least £200,000 should come from your own personal investment. 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 cover the startup costs alone, you may be able to benefit from financial aid.
You could also consider Bella Italia. By joining its current 100 franchisees, you would be joining a growing brand network. To start your own Bella Italia franchise, you will need to invest £700,000, of which at least £350,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. The higher startup costs make this 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 could also benefit from financial assistance, if eligible.
Café Rouge is a third interesting franchise option in the Casual Dining sector. By joining its network of 90 franchisees, you could contribute to this brand's success. In order to start a Café Rouge business, a substantial initial investment of £700,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Café Rouge requires 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. You will also need to invest in a large premises to operate this business. If eligible, you might be entitled to financial aid. See our website for details.
The Casual Dining sector currently has 15 new business investment opportunities. You will find a total of close to 250 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 provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.