Restaurant Franchise opportunities to start in Royal Tunbridge Wells
Royal Tunbridge Wells and its prospects for new Businesses
You could start your own business by becoming a franchisee in Royal Tunbridge Wells. There are a number of franchise options to choose from in Tunbridge Wells, located in the South East of England. Have a look at our selection of brands and start managing your own business with a team behind you. Starting a business should be exciting! Explore our range of franchising options, focusing on the sectors that you feel most passionate about.
The population of Tunbridge Wells is made up of 118,000 people. The majority of the population falls within the 40-59 age range. In terms of employment, the area has a labour force of 58,100 people (83.4%), of which the unemployment rate is 2.7%. This figure is significantly lower than the average unemployment rate across the UK. Salaries in Tunbridge Wells average £39,104 a year, while in the United Kingdom the average income is close to £31,000.
Running a Casual Dining franchise business
The Casual Dining sector currently offers 15 franchise opportunities. If this sector appeals to you, check out our options. The Casual Dining sector is just one sector among many in the Restaurant industry. Its four Halal franchises, two Food Truck franchises, five Sandwich franchises, two Chicken franchises and four Pizza franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting business venture. Hospitality and Food Services is a well-established industry, providing employment for 4,000 people in Tunbridge Wells alone.
Three brands worth your attention
If you are interested in opening a business in the Casual Dining sector, Veeno could be an option for you. By joining its current eight franchisees, you would become a part of a growing brand network. Starting a Veeno business requires an initial investment of £80,000. At least £35,000 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. You will also need to invest in a large premises to operate this business. Eligible candidates may apply for financial aid.
If the Casual Dining sector appeals to you, Wolf is another option you could consider. The brand is expanding, with four outlets already in operation, and a desire to expand further. Starting a Wolf business requires a substantial initial investment of £200,000. If you intend to get 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. 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. By investing in this established brand, you could qualify for financial assistance.
Finally, Café Rouge is another successful brand operating in the Casual Dining sector. By joining its 90 franchises already in operation, you could contribute to this company's expansion. To start your business, you will need an initial investment of £700,000. 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 generally be required. For Café Rouge, the minimum personal investment is £350,000. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid. See eligibility details on our website.
The Casual Dining sector offers many interesting franchising opportunities, including our 15 franchise options. Point Franchise currently has a total of 236 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.