Restaurant Franchise opportunities to start in Scarborough
Scarborough is waiting for you to open a franchise business
If you want to start a business in Scarborough, working for yourself but not on your own, then check out our franchising options in Yorkshire and the Humber. On this page, you will find a variety of brands to choose from for becoming a franchisee in the Scarborough area and across the UK. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
The Scarborough area has a population of 109,000 residents. Residents in the 60+ age category make up the largest portion of the population. In terms of employment, the area has an economically active population of 49,600 people (82.1%), of which the unemployment rate is 2.6%. This figure is significantly lower than the average unemployment rate across the United Kingdom. The annual salary in the UK is £30,629 on average. The people of Scarborough earn an average annual salary of £22,858, lower than the country's average.
Why Casual Dining businesses appeal 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 Restaurant services sector offers a range of options in addition to those in the Casual Dining sector. These include five Noodle Bar franchises, three Frozen Yogurt franchises, 11 Fast Food franchises, 15 Restaurant franchises and three Pub & Bar franchises. Take a look at the brands available to see which could be your perfect match. The Hospitality and Food Services industry provides work for many people. In Scarborough, businesses currently employ 8,000 people in the sector.
Three franchises that could interest you
Wolf is a competitive franchise operating in the Casual Dining sector. By joining its network of four franchisees, you could contribute to this brand's success. You will need to invest £200,000 to start your own Wolf business. At least £100,000 of this significant amount 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. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible.
Another brand worth considering is Café Rouge. There are 90 locations open so far, and the network is expanding. To start your own Café Rouge franchise, you will need to invest £700,000, of which at least £350,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. 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 eligible, you might be able to benefit from financial assistance.
Lastly, have a look at Shoryu Ramen, another attractive Casual Dining franchise. The brand is expanding, with 13 outlets already in operation, and a desire to expand further. In order to start a Shoryu Ramen business, a substantial initial investment of £400,000 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. Shoryu Ramen asks for a personal investment of at least £200,000. It is thus less appropriate for new investors.
The Casual Dining sector offers many interesting franchising opportunities, including our 15 franchise options. If this sector doesn't suit your needs, don't worry. Point Franchise offers almost 250 franchise options across a variety of sectors to help you find your perfect investment opportunity.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.