Restaurant, Coffee Shop & Pub Franchise opportunities to start in Oldham
Oldham could be home to your new business
Discover the business opportunities waiting for you in Oldham, situated in North West England. On this page you'll find a range of brands that could make you a franchisee in the Oldham area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. There are a number of new business investment options available based on your budget and career goals. Have a browse to find the brand that appeals to you most.
There are approximately 236,000 people currently living in Oldham. Residents aged 0 to 19 years old are the most represented within the population. Approximately 105,000 people are economically active in the community, representing 73.2% of the population. The unemployment rate (3.6%) is low compared to the national average (4%). In the UK, the average gross salary is just over £30,500; in the Oldham area, it is £23,879.
Why start a business in the Restaurant sector?
There are 88 UK-based franchises available in the Restaurant industry. Available brands include two Bubble Tea franchises, two Chicken franchises, 14 Takeaway franchises, three Pub & Bar franchises and five Noodle Bar franchises. You are likely to find a brand that fits your career goals and aspirations among our numerous investment possibilities. It may interest you to know that companies in the Oldham area currently employ 4,000 people in the Hospitality and Food Services industry.
Want to know more? Read about these three brands
If working in the Restaurant industry appeals to you, take a look at Rocket's. By joining its current 49 franchisees, you would be joining a growing brand network. A substantial initial investment of £200,000 will enable you to open your own Rocket's business. In most cases, your personal investment should represent 30 to 50% of the total amount. Rocket's requires you to personally invest at least £170,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. Financial assistance can be provided in some circumstances.
You could also consider Wok&Go. The brand is developing, with 26 locations already in operation, and a desire to expand further. You will need to invest £200,000 to begin operating your own Wok&Go business, which is a substantial initial investment. Your personal investment should account for at least £100,000 of the total amount. 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. If eligible, you might be entitled to financial aid.
Lastly, Auntie Anne's is another interesting brand operating in the Restaurant sector. The first franchise launched in 1988. Auntie Anne's has acquired expertise and customer loyalty in its 32 years since opening. 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 advisable for first-time franchisees. An investment in this franchise entitles you to financial aid, if eligible. See our website for more information.
If you are thinking about opening a franchise business in the Restaurant industry, you might be interested to browse our 88 available brands. You will find a total of almost 250 franchise opportunities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.