Restaurant, Coffee Shop & Pub Franchise opportunities to start in Preston
Preston is an attractive town to invest in
If you want to open a business in Preston, working for yourself but not on your own, then check out our franchising options in Scotland. On this page, you will find a range of brands to choose from for becoming a franchisee in the Scottish Borders area and across the UK. With your interests and career objectives in mind, have a look at our selection of franchising opportunities.
The population of Scottish Borders is made up of 115,000 people. The 60+ age group has the highest concentration within the population. The 3.2% unemployment rate among 53,300 economically active people in the region is lower than the national average. The average annual salary across the United Kingdom is just over £30,500. With a gross income averaging £26,777, residents of Scottish Borders have a slightly lower salary than the national average.
The Restaurant industry: An interesting opportunity for franchisees
If you're considering becoming a franchisee in the Restaurant sector, take a look at our 88 franchise options currently available in the sector. There are two Food Truck franchises, three Juice Bar franchises, four Pizza franchises, four Halal franchises and five Sandwich franchises offering the opportunity to invest. Check out our available brands to find a potential match. Interesting fact: companies in Hospitality and Food Services employ 3,000 people in the Scottish Borders area. This could be your opportunity to start a successful business of your own!
Three franchises that might interest you
Initially established in 2001, Subway® operates in the Restaurant industry. Subway® has proved itself to be a successful business and leader in the field in its 19 years since opening. With a wide network of 2,500 locations, the brand knows how to support its franchisees.
Have a look at Wok&Go, another attractive Restaurant franchise. By joining its 26 franchises already in operation, you could contribute to this company's expansion. This business requires a significant initial investment of £200,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Wok&Go business is £100,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. An investment in this franchise entitles you to financial assistance, if eligible.
Lastly, another option to consider is Esquires Coffee, a brand that has been operating since 2000. Esquires Coffee now has over 20 years of experience under its belt. The brand's network is made up of 103 franchisees, which increase its visibility. You will need an initial investment of £225,000 to open your own Esquires Coffee business. Your personal investment should account for at least £85,000 of the total amount. You may want to consider getting a loan to start a business in this sector. It is thus less appropriate for new investors. Also, if you can't afford the startup costs on your own, you may qualify for financial support. Visit our website for more information.
If you would like to check out more new business investment options in the Restaurant industry, we currently have 88 available opportunities. If you are still not sure which sector best suits your needs, have a look through our range of 236 franchising opportunities across various sectors on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.
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