Restaurant, Coffee Shop & Pub Franchise opportunities to start in Bolton
Bolton: A great location to start a business
If you'd like to open your own business but don't know where to start, a franchise might just be the answer. Bolton, situated in the North West of England, could be a good place to start as there are many brands currently recruiting franchisees in the Bolton area. We offer franchise investment opportunities in a variety of sectors. Why not explore the sector that appeals to you the most?
The population of Bolton is made up of 285,000 people. The 40-59 age range has the highest concentration in the population. The region has a 7.5% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's economically active population consists of 132,000 people or 74.5% of the total population. Residents of Bolton have an annual average income of £26,225. In comparison, the average gross salary in the UK is just over £30,500.
Why the Restaurant industry appeals to franchisees
If the idea of running a business in the Restaurant industry appeals to you, have a look at the 88 brands currently recruiting franchisees in the field. This sector offers a number of interesting options, including five Noodle Bar franchises, two Chicken franchises, two Burger franchises, two Bubble Tea franchises and three Frozen Yogurt franchises. See if any catch your eye. If you're interested in the Hospitality and Food Services industry, you're not alone. In Bolton, 5,000 people currently work in the industry.
Three franchise businesses worth reading about
If working in the Restaurant industry appeals to you, take a look at Rocket's. There are 49 locations open so far, and the network is expanding. Starting a Rocket's franchise will require you to invest a minimum of £200,000. At least £170,000 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. Financial support is available for eligible franchisees.
The Restaurant industry has many brands worth considering. Check out Shoryu Ramen. By joining its current 13 franchisees, you would become a part of a growing brand network. You will need to invest £400,000 to start your own Shoryu Ramen business. At least £200,000 of this significant amount should come from your own personal investment. It is thus less appropriate for new investors. A small premises will also be required to operate this business. If you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Lastly, NKD Pizza is an interesting franchising opportunity in the Restaurant industry. By joining its 25 franchises already in operation, you could contribute to this company's expansion. A large premises will be required to operate this business. If you can't cover the startup costs on your own, you could see if you qualify for financial aid. See our website for more information.
If you would like to work in the Restaurant industry, the perfect business opportunity could be waiting for you among our 88 available franchises in the sector. If you're interested in exploring investment options in other sectors, we've got a total of close to 250 franchising opportunities to choose from on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.