Restaurant Franchise opportunities to start in Hastings
Why should you invest in Hastings?
Hastings, located in South East England, offers a number of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising opportunities here. You might just find the right brand for starting your own business in the Hastings area. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
The population of Hastings is made up of 93,000 people. The 40-59 age group has the highest concentration in the population. The region's average gross annual income of £22,662 is lower than the average income of close to £31,000 across the UK.
Running a Casual Dining franchise business
If you're considering becoming a franchisee in the Casual Dining sector, take a look at our 15 franchise opportunities currently available in the sector. In fact, the Restaurant services sector as a whole offers a wide range of franchises to invest in, including three Frozen Yogurt franchises, four Pizza franchises, three Juice Bar franchises, two Food Truck franchises and 11 Fast Food franchises. Have a look at our available brands to find a potential match. In Hastings, the Hospitality and Food Services industry already provides work for nearly 3,000 people, potentially making this path an ideal one for you, too!
Have a look at three franchise business examples
Café Rouge is an interesting franchise operating in the Casual Dining sector. The brand is growing, with 90 locations currently in operation, and a desire to expand further. In order to open a Café Rouge 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. Café Rouge asks for a personal investment of at least £350,000. 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 aid.
Las Iguanas is another interesting franchising opportunity if you plan to invest in the Casual Dining sector. This brand is expanding, counting 55 outlets in the UK. Starting a Las Iguanas business requires a substantial initial investment of £700,000. If you plan on getting a loan to cover the startup costs, Las Iguanas asks for a personal investment of at least £350,000. 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. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Lastly, you could also consider Veeno. There are eight franchises open so far, and the network is expanding. You will need to invest £80,000 to start running your own Veeno business. Your personal investment should account for at least £35,000 of the total amount. It is thus less appropriate for new investors.
Eager to read more about business opportunities in the Casual Dining sector? Check out our 15 available options. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.