Restaurant, Coffee Shop & Pub Franchise opportunities to start in Skelmersdale
Why should you invest in Skelmersdale?
Located in North West England, Skelmersdale is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising possibilities in West Lancashire and take the first step towards running your own business. Starting a business should be exciting! Explore our range of franchising options, starting with the sectors that you feel most passionate about.
Approximately 114,000 people currently live in West Lancashire. When broken down by age group, the majority of the population falls within the 60+ category. The local unemployment rate of 3.3% is below par compared to the national average of 4%. The local labour force consists of 47,700 people, representing 70.0% of the population. The average gross salary in the UK is £30,629. Residents of West Lancashire earn £28,560 a year on average.
Could the Restaurant industry be the right choice for you?
Across the United Kingdom, there are 88 franchises operating in the Restaurant industry. There are two Food Truck franchises, nine Coffee, Cafe & Coffee Shop franchises, three Pub & Bar franchises, three Juice Bar franchises and 14 Takeaway franchise recruiting at this time. Our selection is likely to have an option that suits your career goals and aspirations. You may be interested to know that businesses in the West Lancashire area currently employ 4,500 people in the Hospitality and Food Services industry.
Three franchise business examples worth looking at
If you are interested in opening a business in the Restaurant sector, read about Wolf. By joining its network of four franchisee, you could play a part in this brand's success. Starting a Wolf business requires a significant initial investment of £200,000. If you plan on getting a loan to cover the startup costs, Wolf asks for a personal investment of at least £100,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this is 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. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Rocket's could be another good option for you to invest in. The brand is growing, with 49 location already in operation, and a desire to expand further. A total of £200,000, a significant initial investment, is required to open a Rocket's franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £170,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors. A large premises will also be required to operate this business. Eligible candidates may apply for financial aid.
Lastly, Subway® is an interesting investment opportunity in the Restaurant industry. First launched in 2001, Subway® now has over 19 years of experience under its belt. A network of 2,500 franchisees promotes the brand's visibility. By investing in this franchise, you may qualify for financial support. Visit our website for more information.
The Restaurant industry offers many interesting franchising opportunities, including our 88 franchise options. Don't forget that we offer new business investment ranges across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of close to 250 franchising possibilities.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.