Restaurant Franchise opportunities to start in Braintree
What to know before opening a business in Braintree
Discover the opportunities waiting for you in Braintree, situated in the East of England. On this page you'll find a selection of brands recruiting franchisees in the Braintree area. Franchising is an opportunity to run your own business, complete with training and marketing assistance. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and career goals.
There are approximately 152,000 people currently living in Braintree. The majority of residents are aged 40 to 59 years old. Approximately 74,000 people are economically active in the area, representing 80.4% of the population. The unemployment rate (4.5%) is high compared to the UK average (4%). Braintree has an average annual income of £32,518. This salary is slightly higher than the rest of the United Kingdom, which has an average salary of just over £30,500.
Franchising options in the Casual Dining sector
Are you interested in the Casual Dining sector? If so, there are 15 available franchises to choose from across the United Kingdom. There are also nine Coffee, Cafe & Coffee Shop franchises, two Burger franchises, five Noodle Bar franchises, 15 Restaurant franchises and five Sandwich franchises recruiting franchisees in the Restaurant industry, alongside the Casual Dining options. Have a browse to see whether any fit your career goals and aspirations. Hospitality and Food Services is a well-established industry, providing employment for 3,500 people in Braintree alone.
Three franchise businesses worth reading about
The Casual Dining sector offers a variety of brands to choose from, including Wolf. By joining its network of four franchisees, you could play a part in this brand's success. To start your business, you will need an initial investment of £200,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Wolf, the minimum personal investment is £100,000. 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.
Veeno could be another good option for you to invest in. By joining its current eight franchisees, you would become a part of a growing brand network. In order to start a Veeno business, an initial investment of £80,000 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. Veeno requires a personal investment of at least £35,000. 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. If eligible, you might be entitled to financial aid.
Finally, Bella Italia is an interesting franchise option in the Casual Dining sector. This brand is growing, counting 100 outlets in the UK. Starting a Bella Italia business requires a substantial initial investment of £700,000. At least £350,000 should come from your own personal investment. 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.
The Casual Dining sector currently has 15 franchising opportunities. If you're curious about franchising options in other sectors, Point Franchise offers 236 brands to pick from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.