Restaurant Franchise opportunities to start in Clacton-on-Sea
Clacton-on-Sea and its prospects for new Businesses
You could start your own business by becoming a franchisee in Clacton-on-Sea. Tendring, located in the East of England, offers a variety of new business investment possibilities. On this page, you'll find a selection of brands looking for franchisees. With your interests and career goals in mind, have a look at our range of franchising opportunities.
According to recent census data, there are 146,000 people in Tendring. When broken down by age group, the majority of the population falls within the 60+ category. In terms of employment, the region has a labour force of 56,300 people (70.6%), of which the unemployment rate is 4.8%. This figure is slightly higher than the average unemployment rate in the United Kingdom. Tendring has an average annual salary of £25,217, which is slightly lower than the national average income of close to £31,000.
The Casual Dining sector could be the right choice for you
Across the UK, you will find 15 franchises operating in the Casual Dining sector. You will find many business opportunities in the Restaurant services sector, including those in the Casual Dining sector. Other possibilities include five Sandwich franchises, 14 Takeaway franchises, four Pizza franchises, two Bubble Tea franchises and three Juice Bar franchises. The perfect business to suit your career goals and aspirations might just be among them. If you're interested in the Hospitality and Food Services industry, you're not alone. In Tendring, 4,500 people currently work in the industry.
Three examples of available franchise business options
Las Iguanas is an interesting franchise operating in the Casual Dining sector. By joining its 55 franchises already in operation, you could contribute to this company's expansion. Opening a Las Iguanas franchise will require you to invest a minimum of £700,000. At least £350,000 of this 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 afford the startup costs on your own, you may be eligible for financial aid.
Bella Italia is another interesting option. By joining its network of 100 franchisees, you could contribute to this brand's success. This business opportunity requires a substantial initial investment of £700,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Bella Italia requires a minimum personal investment of £350,000. It is thus less appropriate for new investors. Financial assistance can be provided in some circumstances.
Finally, another interesting franchising opportunity is Wolf. By joining its current four franchisees, you would become a part of a growing brand network. To start your business, you will need an initial investment of £200,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually 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. A large premises will also be required to operate this business. You may qualify for financial aid. See our website for more information.
Starting a business in the Casual Dining sector has great potential. If you're interested, explore our 15 available options. Whether you've already decided to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of close to 250 franchising opportunities to help you find the right fit.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.