Restaurant, Coffee Shop & Pub Franchise opportunities to start in Lancaster
Lancaster is an attractive town to invest in
Would you like to start a business in Lancaster, located in the North West of England? Would you like to work for yourself but not on your own? If so, take a look at our franchising opportunities. On this page, you'll find various brands offering the training and support you need to run your own business in the Lancaster area. 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.
According to recent census data, 144,000 people live in Lancaster. The majority of the population falls within the 20-39 age group. Approximately 62,900 people are economically active in the community, representing 69.5% of the population. The unemployment rate (4.7%) is high compared to the national average (4%). The gross annual salary in Lancaster amounts to £27,639, which is slightly lower than the national average of £30,629.
Could the Restaurant sector be the right choice for you?
There are 88 brands currently recruiting franchisees in the Restaurant industry. If this sector appeals to you, check them out. In fact, you can pick from 11 Fast Food franchises, four Pizza franchises, two Burger franchises, two Food Truck franchises and three Frozen Yogurt franchises today. In Lancaster, the Hospitality and Food Services industry already provides employment for nearly 4,500 people, potentially making this path an ideal one for you, too!
Read about these three brands to see what franchise options exist
If you'd like to open your own Restaurant business, Wolf might be a great option for you. By joining its network of four franchisees, you could play a part in this brand's success. Opening a Wolf business requires a substantial initial investment of £200,000. At least £100,000 should come from your own personal investment. 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 aid, if eligible.
Check out Esquires Coffee. First established in 2000, the company now has 20 years of experience, making it a leader in the field. The brand runs in 103 franchise locations which make up a well-established business network. You will need to invest £225,000 to start your own Esquires Coffee business. At least £85,000 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. Also, if you can't cover the startup costs alone, you may be entitled to financial assistance.
Lastly, Crepe Delicious is another interesting franchising opportunity if you plan to invest in the Restaurant industry. By joining its current 25 franchisees, you would be joining a growing brand network. This business requires an initial investment of £80,000. 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 start a Crepe Delicious business is £50,000. 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. Financial support is available for eligible franchisees. Visit our website for details.
Opening a business in the Restaurant sector has great potential. If you're interested, explore our 88 available options. On Point Franchise, there is plenty of choice in other sectors as well. We have 236 franchising opportunities in total to choose from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.