Restaurant Franchise opportunities to start in Epsom
What to consider when starting a franchise in Epsom
Have you ever considered opening a franchise in Epsom? This could be your opportunity to manage your own business while receiving comprehensive training and marketing support, since many businesses in the Epsom and Ewell area are currently recruiting franchisees. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
Epsom and Ewell has an estimated population of 80,000 residents. The age group with the highest concentration is 40-59. Epsom and Ewell has an unemployment rate of 4.4% within its labour force of 41,100 people. This rate is high compared to the national average.
Why the Casual Dining sector appeals to franchisees
There are currently 15 opportunities to invest in the Casual Dining sector. If you would like to operate a business in this field, keep reading. The Casual Dining sector is just one example of the options available in the Restaurant sector. Other options include 11 Fast Food franchises, two Chicken franchises, four Halal franchises, 15 Restaurant franchises and five Sandwich franchises. Have a look, the perfect business opportunity for you could be a few clicks away.
Three franchise businesses worth reading about
Veeno operates in the Casual Dining sector. This brand is expanding, counting eight outlets across the UK. This business requires an initial investment of £80,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Veeno business is £35,000. It is thus less appropriate for new investors. A large premises will also be required to operate this business. You could also benefit from financial assistance, if eligible.
Another option worth considering is Café Rouge. There are 90 locations open so far, and the network is expanding. Opening a Café Rouge business requires a significant initial investment of £700,000. At least £350,000 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. Financial aid can be given in some circumstances.
Finally, you could also have a look at Wolf. By joining its current four franchisees, you would be joining a growing brand network. A substantial initial investment of £200,000 will enable you to start your own Wolf business. In most cases, your personal investment should represent 30 to 50% of the total amount. Wolf requires you to personally invest at least £100,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See our website for details.
Many businesses are already operating in the Casual Dining sector. We currently have 15 franchise opportunities available in the sector. At Point Franchise, we have 236 franchising opportunities available, giving you plenty to choose from in other sectors too.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.