Restaurant, Coffee Shop & Pub Franchise opportunities to start in Heywood
What to know before opening a business in Heywood
Would you like to run your own business? Heywood, located in North West England, could be a good place to start. There are many brands currently recruiting franchisees in the Rochdale area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. Why not have a look through our range of franchising options? There are opportunities to suit many needs and career objectives.
Recent figures show that 220,000 people live in Rochdale. Residents in the 20-39 age group make up the largest portion of the population. Unemployment affects 4% of the UK population. With a rate of 6.3%, unemployment in this area is slightly higher than the national average. The labour force amounts to 99,600 people, representing 75.0% of the population. Salaries in Rochdale average £25,682 a year, while in the UK the average income is just over £30,500.
Could the Restaurant sector be the right choice for you?
If you want to manage your own business in the Restaurant industry, the good news is that there are 88 franchises currently recruiting new franchisees across the country. Take a look at our 11 Fast Food franchises, nine Coffee, Cafe & Coffee Shop franchises, two Bubble Tea franchises, two Burger franchises and five Sandwich franchises. Could one of these businesses help you reach your career goals and aspirations? Hospitality and Food Services is a well-established industry, providing employment for 3,500 people in Rochdale alone.
Three brands worth your attention
If the Restaurant sector is your area of interest, Caprinos Pizza is worth considering. By joining its 16 franchises already in operation, you could contribute to this brand's expansion. Starting a Caprinos Pizza business requires an initial investment of £65,000. At least £50,000 should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. If you can't afford the startup costs on your own, you may qualify for financial assistance.
You could also have a look at Bubbleology, which has been in business since 2015. By joining its network of 69 franchisees, you could play a part in this up-and-coming brand's success. You will need to invest £120,000 to begin operating your own Bubbleology business, which is a significant initial investment. Your personal investment should account for at least £36,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Lastly, Las Iguanas is another interesting franchise option if you plan to invest in the Restaurant sector. The brand is growing, with 55 outlets currently in operation, and a desire to expand further. To start your business, you will need an initial investment of £700,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Las Iguanas, the minimum personal investment is £350,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business.
If you are interested in the Restaurant industry and would like to know more about its available franchising opportunities, explore the 88 companies currently recruiting franchisees in the sector. With 236 new business investment opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.