Restaurant Franchise opportunities to start in Tonbridge

Starting a new business in Tonbridge

Tonbridge, located in South East England, offers a number of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Tonbridge and Malling area. We offer a number of realistic new business investment options, so that you can find one you like.

The Tonbridge and Malling area has a population of 131,000 residents. Residents in the 40-59 age group make up the largest portion of the population. The local unemployment rate of 4% among 70,200 economically active people, or 88.0% of the population, is in line with the average in the United Kingdom. The local income averages £40,764 per year, which is significantly higher than the close to £31,000 average income in the United Kingdom as a whole.

The Casual Dining sector could be the right choice for you

Are you interested in the Casual Dining sector? You're likely to come across a franchise worth considering among 15 brands in the UK. You will find many business opportunities in the Restaurant services sector, including those in the Casual Dining sector. Other possibilities include four Pizza franchises, three Juice Bar franchises, four Halal franchises, five Noodle Bar franchises and five Sandwich franchises. There might be one worth considering among them. You may be interested to know that companies in the Tonbridge and Malling area currently employ 3,000 people in the Hospitality and Food Services industry.

Eager to know more? Here are three franchise business examples

If you are interested in running a business in the Casual Dining sector, read about Veeno. By joining its network of eight franchisees, you could play a part in this brand's success. You will need an initial investment of £80,000 to open your own Veeno business. Your personal investment should account for at least £35,000 of the total amount. You may want to consider getting a loan to start a business in this sector. 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. If eligible, you might be able to benefit from financial assistance.

Wolf could be another good option for you to invest in. By joining its four franchises already in operation, you could contribute to this brand's expansion. A significant 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. 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. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.

As a final example, have a look at Shoryu Ramen. By joining its current 13 franchisees, you would be joining a growing brand network. You will need to invest £400,000 to start operating your own Shoryu Ramen business, which is a substantial initial investment. Your personal investment should account for at least £200,000 of the total amount. It is thus less appropriate for new investors. A small premises will also be required to operate this business. Eligible candidates may apply for financial aid. See eligibility details on our website.

The Casual Dining sector currently has 15 franchising opportunities. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across a variety of sectors. Enjoy exploring your options.

Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.