Restaurant Franchise opportunities to start in Haverhill
Haverhill could be home to your new business
Located in the East of England, Haverhill is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising options in Suffolk and take the first step towards managing your own business. We offer a number of franchises to suit different budgets and career objectives. Take a look at our selection of businesses and sectors to see what might suit you.
According to recent census data, 759,000 people live in Suffolk. When broken down by age range, 60+ year olds represent the largest portion of the population. Unemployment affects 4% of the UK population. With a rate of 2.4%, unemployment in this area is significantly lower than the national average. The economically active population amounts to 350,800 people, representing 80.2% of the population. Residents of Suffolk have an annual average income of £29,129. In comparison, the average gross salary in the United Kingdom is just over £30,500.
Why the Casual Dining sector might be a good option for you
Are you interested in running your own business in the Casual Dining sector? Have a look at our 15 franchise opportunities available in this sector. The Casual Dining sector is just one example of a sector you could invest in. Could your ideal business be among our five Noodle Bar franchises, three Juice Bar franchises, two Chicken franchises, three Frozen Yogurt franchises and 14 Takeaway franchises available in the Restaurant sector? Have a look to find out. In Suffolk, the Hospitality and Food Services industry already provides work for nearly 24,000 people, potentially making this path an ideal one for you, too!
Three brands worth your attention
There are many interesting franchising possibilities in the Casual Dining sector. Take Shoryu Ramen for example. By joining its current 13 franchisees, you would be joining a growing brand network. You will need to invest £400,000 to start running your own Shoryu Ramen business, which is a significant initial investment. Your personal investment should account for at least £200,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. An investment in this franchise entitles you to financial aid, if eligible.
Have a look at Wolf. By joining its four franchises already in operation, you could contribute to this brand's expansion. Starting a Wolf business requires a substantial initial investment of £200,000. If you plan on getting a loan to cover the startup costs, Wolf asks for a personal investment of at least £100,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. If eligible, you might be able to benefit from financial assistance.
Lastly, another interesting investment opportunity is Café Rouge. The brand is growing, with 90 locations already in operation, and a desire to expand further. To open your own Café Rouge franchise, you will need to invest £700,000, of which at least £350,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. Also, if you can't afford the startup costs alone, you may be entitled to financial aid. See our website for more information.
There are currently 15 available franchising opportunities in the Casual Dining sector. Take a look at these businesses to see if there's a good fit for you. You will find a total of almost 250 franchise opportunities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
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