Restaurant, Coffee Shop & Pub Franchise opportunities to start in Wigan
Wigan: A great location to start a business
Located in North West England, Wigan is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising options in Wigan and take the first step towards running your own business. Explore our sectors and brands to find your best options among various franchising opportunities, keeping in mind your personal interests and career goals.
According to recent census data, 326,000 people live in Wigan. When broken down by age group, the majority of the population sits within the 40-59 category. The economically active population in Wigan amounts to 161,600 people, with an unemployment rate of 2.9%. This rate is significantly lower than the national average. The local income averages £26,009 per year, which is slightly lower than the £30,629 average income in the UK as a whole.
Could the Restaurant sector be the right choice for you?
There are currently 88 opportunities to invest in the Restaurant industry. If you would like to operate a business in this field, keep reading. Have a look at our 11 Fast Food franchise, five Sandwich franchises, two Chicken franchises, 14 Takeaway franchise and four Pizza franchises. Could one of these businesses help you reach your career goals and aspirations? In the Wigan area, the Hospitality and Food Services industry provides work for 6,000 people.
Here are three examples of franchise businesses
Crepe Delicious operates in the Restaurant industry. This brand is growing, counting 25 outlet across the United Kingdom. You will need to invest £80,000 to start your own Crepe Delicious business. At least £50,000 of this should come from your own personal investment. It is thus less appropriate for new investors. 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.
Another option to consider is Rocket's. The brand is developing, with 49 location already in operation, and a desire to expand further. This business opportunity requires a significant initial investment of £200,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Rocket's requires a minimum personal investment of £170,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large 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.
As a final example, check out Café Rouge. By joining its network of 90 franchisee, you could contribute to this brand's success. To open your own Café Rouge franchise, you will need to invest £700,000, of which at least £350,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. It is thus less appropriate for new investors. A large premises will also be required to operate this business. If you can't cover the startup costs on your own, you could find out if you qualify for financial aid. Visit our website for details.
If you would like to learn more about franchise opportunities in the Restaurant industry, have a browse through our 88 available options. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across many different sectors. Enjoy exploring your options.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.