Restaurant, Coffee Shop & Pub Franchise opportunities to start in Accrington
Accrington and its prospects for new Businesses
If you want to open a business in Accrington, working for yourself but not on your own, then check out our franchising opportunities in North West England. On this page, you will find a range of brands to choose from for becoming a franchisee in the Hyndburn area and across the UK. Have a look at our different franchising options to discover the sectors and brands that most appeal to you.
There are approximately 81,000 people currently living in Hyndburn. Residents in the 40-59 age group make up the largest portion of the population. The average gross salary in the United Kingdom is £30,629. Residents of Hyndburn earn £26,452 a year on average.
Why choose to open a franchise in the Restaurant industry?
There are currently 88 opportunities to invest in the Restaurant sector. If you would like to operate a business in this sector, keep reading. There are 14 Takeaway franchises, five Noodle Bar franchises, two Food Truck franchises, four Halal franchises and five Sandwich franchises recruiting at this time. Our selection is likely to have an option that suits your career goals and aspirations.
Three franchise business examples
Rocket's is a competitive business operating in the Restaurant sector. This business requires a significant initial investment of £200,000. If you intend to get 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 Rocket's business is £170,000. 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, you will be offered comprehensive training and support, giving your business the best possible chance to thrive. Financial assistance is also available, providing you meet the eligibility criteria.
Café Rouge is another successful brand operating in the Restaurant industry. By joining its 90 franchises already in operation, you could contribute to this company's expansion. You will need to invest £700,000 to open your own Café Rouge business. At least £350,000 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. A large premises will also be required to operate this business. By investing in this established brand, you can gain access to expert training and support and could even qualify for financial aid.
Lastly, another option to consider is Caprinos Pizza. By joining its current 16 franchisees, you would be joining a growing brand network. An initial investment of £65,000 will enable you to start your own Caprinos Pizza business. In most cases, your personal investment should represent 30 to 50% of the total amount. Caprinos Pizza requires you to personally invest at least £50,000. You could potentially get a loan to cover the remaining costs. 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. This investment entitles you to training, assistance and support from Caprinos Pizza. You could also benefit from financial aid, if eligible. See eligibility details on our website.
If you would like to take a look at more new business investment options in the Restaurant industry, we currently have 88 available opportunities. Point Franchise currently has a total of almost 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.