Restaurant Franchise opportunities to start in Southend-on-Sea
Why should you invest in Southend-on-Sea?
Located in the East of England, Southend-on-Sea is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising possibilities in Southend-on-Sea and take the first step towards managing your own business. Exploring our selection of brands and sectors will allow you to pinpoint the type of business that is right for you.
There are approximately 182,000 people currently living in Southend-on-Sea. The 40-59 age range makes up the majority of the population. Approximately 90,200 people are economically active in the region, representing 80.5% of the population. The unemployment rate (3.9%) is comparable to the national average (4%). Salaries in Southend-on-Sea average £33,169 a year, while in the United Kingdom the average salary is close to £31,000.
Why the Casual Dining sector might be a good option for you
There are 15 brands currently looking for franchisees in the Casual Dining sector. If this sector appeals to you, check them out. The Casual Dining sector is part of the Restaurant services sector, which also offers three Juice Bar franchises, five Sandwich franchises, two Chicken franchises, three Pub & Bar franchises and two Burger franchises. The perfect business to suit your career goals and aspirations might just be among them. If you are thinking about opening a business in Hospitality and Food Services, Southend-on-Sea could be a good place to do it. Indeed, 5,000 people have already made the decision to work in this industry in the Southend-on-Sea area.
Want to know more? Read about these three brands
If you are interested in running a business in the Casual Dining sector, read about Bella Italia. There are 100 outlets open so far, and the network is expanding. To start your business, you will need an initial investment of £700,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Bella Italia, the minimum personal investment is £350,000. 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 cover the startup costs alone, you may be entitled to financial assistance.
Shoryu Ramen is another interesting option. The brand is developing, with 13 locations currently in operation, and a desire to expand further. You will need to invest £400,000 to start your own Shoryu Ramen business. At least £200,000 of this substantial 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 small premises will also be required to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Lastly, Las Iguanas is another interesting investment opportunity if you plan to invest in the Casual Dining sector. This brand is growing, counting 55 franchises across the country. You will need to invest £700,000 to begin operating your own Las Iguanas business, which is a substantial initial investment. Your personal investment should account for at least £350,000 of the total amount. 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. You may qualify for financial aid. Visit our website for more information.
We offer a total of 15 businesses in the Casual Dining sector. If you're interested, see if the right investment opportunity for you is among them. But you also have plenty of investment options 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.