Restaurant, Coffee Shop & Pub Franchise opportunities to start in Burnley
Opening a franchise business in Burnley
If you want to start your own business, you may find that Burnley has a lot to offer. Many brands are currently recruiting franchisees in the Burnley area. Read on to find out if running a franchise could be a good option for you! Browsing our range of companies and sectors will allow you to pinpoint the type of business that is right for you.
The Burnley area has a population of 89,000 residents. Residents aged 40 to 59 years old make up the prevalent age group in the population. Unemployment in the area (5.7%) is high compared to the United Kingdom as a whole (4%). The labour force represents 74.2% of the local population, or 39,600 people. For the Burnley area, the average salary is £26,621, which is slightly lower than the national average income of £30,629.
The Restaurant industry and its franchising options
There are currently 88 opportunities to invest in the Restaurant sector. If you would like to run a business in this field, keep reading. There are currently nine Coffee, Cafe & Coffee Shop franchises, two Bubble Tea franchises, two Food Truck franchises, three Juice Bar franchises and three Pub & Bar franchises recruiting franchisees. Have a browse to see whether any fit your career goals and aspirations.
Three brands worth your attention
If working in the Restaurant industry appeals to you, have a look at Auntie Anne's. Initially established in 1988, Auntie Anne's has acquired substantial customer loyalty over its 32 years in business. A network of 2,000 franchisees promotes the brand's exposure. A total of £145,000, a significant initial investment, is required to start an Auntie Anne's franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £40,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not recommended for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
You could also consider Snappy Tomato Pizza. By joining its network of 19 franchisees, you could contribute to this brand's success. Starting a Snappy Tomato Pizza business requires a reasonable initial investment of £25,000. If you intend to get a loan to cover the startup costs, Snappy Tomato Pizza asks for a personal investment of at least £5,000. For most franchises, this amount represents 30 to 50% of the total investment. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. A large premises will also be required to operate this business. Financial support is available for eligible franchisees.
Lastly, Café Rouge could be another good option for you to invest in. There are 90 locations open so far, and the network is expanding. You will need to invest £700,000 to begin operating your own Café Rouge business, which is a substantial initial investment. Your personal investment should account for at least £350,000 of the total amount. 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. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for more information.
If you are interested in the Restaurant sector and want to discover more franchising opportunities, take a look at the 88 brands available in this sector. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect business opportunity, there are still plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.