Restaurant, Coffee Shop & Pub Franchise opportunities to start in Barrow-in-Furness
Investing in a franchise in Barrow-in-Furness
The Barrow-in-Furness area offers many interesting business opportunities. If you are interested in opening your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Barrow-in-Furness. Starting a business should be exciting! Have a look at our range of franchising options, starting with the sectors that you feel most passionate about.
A recent census found that 67,000 people live in Barrow-in-Furness. The most prevalent age group in the population falls in the 60+ age bracket. The labour force constitutes 65.6% of the population, or approximately 26,200 people. The area has an unemployment rate of 3.5% which is lower than the national average of 4%. In the UK, the average gross salary is just over £30,500; in the Barrow-in-Furness area, it is £28,633.
Why the Restaurant industry appeals to franchisees
There are 88 brands offering franchise opportunities in the Restaurant sector. There are five Noodle Bar franchises, 14 Takeaway franchises, nine Coffee, Cafe & Coffee Shop franchises, four Halal franchises and 11 Fast Food franchises recruiting at this time. Our selection is likely to have an option that suits your career goals and aspirations.
Want to know more? Read about these three brands
There are many interesting franchising possibilities in the Restaurant sector. Take Wok to Walk for example. By joining its 95 franchises already in operation, you could contribute to this company's expansion. A small premises will be required to operate this business. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Bubbleology is another attractive brand operating in the Restaurant industry. The first franchise launched in 2015. Starting a Bubbleology franchise will require you to invest a minimum of £120,000. At least £36,000 of this 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.
Lastly, another brand worth considering is Wolf. There are four locations open so far, and the network is expanding. A substantial initial investment of £200,000 will enable you to start your own Wolf business. In most cases, your personal investment should represent 30 to 50% of the total amount. Wolf requires you to personally invest at least £100,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. Eligible candidates may apply for financial aid. See eligibility details on our website.
The Restaurant sector offers many interesting franchising opportunities, including our 88 franchise options. If you are still not sure which sector best suits your needs, have a look through our selection of 238 new business investment opportunities across various sectors on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.