Restaurant Franchise opportunities to start in Herne Bay
Herne Bay is waiting for you to open a franchise business
Discover the business options waiting for you in Herne Bay, situated in the South East of England. On this page you'll find a range of brands that could make you a franchisee in the Canterbury area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. Explore our sectors and brands to find your best options among different franchising opportunities, keeping in mind your personal interests and career objectives.
According to recent census data, 165,000 people live in Canterbury. When broken down by age group, the majority of the population sits within the 20-39 category. The 2.4% unemployment rate among the 73,500 economically active people in the area is significantly lower than the national average. Canterbury has an average annual salary of £31,483, which is in line with the national average income of just over £30,500.
Why the Casual Dining sector might be a good option for you
Across the UK, there are 15 franchises operating in the Casual Dining sector. The Restaurant sector offers a variety of options in addition to those in the Casual Dining sector. These include two Food Truck franchises, 11 Fast Food franchises, five Noodle Bar franchises, two Bubble Tea franchises and two Burger franchises. Take a look at the brands available to find out which could be your perfect match. Opening a business is not a simple feat, but becoming a franchisee makes running your own business much more feasible. The Canterbury region offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 6,000 people. So, what is stopping you from starting your own business in Canterbury today?
Three franchise businesses worth reading about
If you are interested in running a business in the Casual Dining sector, read about Wolf. By joining its four franchises already in operation, you could contribute to this company's expansion. To start your own Wolf franchise, you will need to invest £200,000, of which at least £100,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. 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. Also, if you can't afford the startup costs alone, you may be able to benefit from financial assistance.
Café Rouge is another successful brand operating in the Casual Dining sector. The brand is expanding, with 90 outlets already 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 opportunity is less suitable for first-time franchisees. Financial aid can be given in some circumstances.
Lastly, you could also consider Shoryu Ramen. There are 13 locations open so far, and the network is expanding. You will need an initial investment of £400,000 to start your own Shoryu Ramen business. Your personal investment should account for at least £200,000 of the total amount. You may want to think about getting a loan to start a business in this sector. 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 small premises to operate this business. Financial support is available for eligible franchisees. Visit our website for more information.
There are currently 15 new business investment opportunities available in the Casual Dining sector. If you are still not sure which sector best suits your needs, have a look through our selection of close to 250 franchising opportunities across a variety of sectors on Point Franchise.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.