Restaurant Franchise opportunities to start in Watford
Is Watford a good place to become a franchisee?
Many brands are currently looking for franchisees in Watford, 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 Watford area. We offer franchise investment options in a variety of sectors. Why not check out the sector that appeals to you the most?
The population of Watford is 97,000. Residents aged 20 to 39 years old are the most represented within the population. The gross annual income in Watford amounts to £32,481, which is slightly higher than the national average of just over £30,500.
Does the Casual Dining sector appeal to you?
Are you interested in the Casual Dining sector? You're likely to come across a franchise worth considering among 15 brands across the United Kingdom. In fact, we have a wide range of options in the Restaurant industry including the franchises in the Casual Dining sector. You can pick from five Noodle Bar franchises, three Pub & Bar franchises, five Sandwich franchises, two Burger franchises and two Chicken franchises today. If you're keen on the Hospitality and Food Services industry, you may want to consider how many people already work in the field. In Watford, Hospitality and Food Services companies currently employ 4,500 people.
Eager to find out more? Here are three franchise business examples
If the Casual Dining sector is your area of interest, Wolf is worth considering. By joining its network of four franchisees, you could play a part in this brand's success. You will need to invest £200,000 to start operating your own Wolf business, which is a substantial initial investment. Your personal investment should account for at least £100,000 of the total amount. 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. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Wolf can support you with comprehensive training and assistance to help your business reach its full potential. What's more, financial support is available for eligible franchisees.
You could also have a look at Bella Italia. By joining its 100 franchises already in operation, you could contribute to this brand's expansion. In order to start a Bella Italia business, a significant initial investment of £700,000 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. Bella Italia requires a personal investment of at least £350,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. When investing in this franchise, you can benefit from the assistance and support of an established brand and you could even be eligible for financial aid.
Lastly, another opportunity worth considering is Shoryu Ramen. There are 13 outlets open so far, and the network is expanding. To start your business, you will need an initial investment of £400,000. 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 generally be required. For Shoryu Ramen, the minimum personal investment is £200,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. A small premises will also be required to operate this business. Shoryu Ramen also offers training and assistance to help you run your business efficiently.
If you would like to learn more about franchise opportunities in the Casual Dining sector, have a look through our 15 available options. On Point Franchise, there is plenty of choice in other sectors as well. We have 238 new business investment opportunities in total to choose from.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.