Restaurant, Coffee Shop & Pub Franchise opportunities to start in Wath upon Dearne
Starting a new business in Wath upon Dearne
You could start your own business by becoming a franchisee in Wath upon Dearne. There are a number of possibilities to choose from in Rotherham, located in Yorkshire and the Humber. Take a look at our range of brands and start managing your own business with a team behind you. Exploring our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
According to recent census data, there are 265,000 people in Rotherham. When broken down by age group, the majority of the population falls within the 40-59 category. The area has a 6% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's economically active population consists of 121,500 people or 75.6% of the total population. Across the UK, the annual gross income is just over £30,500 on average. In the region of Rotherham, it averages £25,222.
Running a franchise in the Restaurant industry
If the idea of running a business in the Restaurant industry appeals to you, check out the 88 brands currently recruiting franchisees in the sector. We offer two Burger franchises, five Noodle Bar franchises, nine Coffee, Cafe & Coffee Shop franchises, 14 Takeaway franchises and 11 Fast Food franchises. Have a look at the brands to see if your perfect match is among them. You may be interested to know that businesses in the Rotherham area currently employ 6,000 people in the Hospitality and Food Services industry.
Three franchise businesses worth reading about
Wolf operates in the Restaurant industry. By joining its network of four franchisees, you could contribute to this brand's success. A total of £200,000, a significant initial investment, is required to open a Wolf franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £100,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors. A large premises will also be required to operate this business. If you make the decision to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Wok&Go is another interesting franchising opportunity if you plan to invest in the Restaurant sector. The brand is expanding, with 26 outlets already in operation, and a desire to expand further. A substantial initial investment of £200,000 will enable you to start your own Wok&Go business. In most cases, your personal investment should represent 30 to 50% of the total amount. Wok&Go requires you to personally invest at least £100,000. You could potentially get a loan to cover the remaining costs. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. You could also receive financial aid, if eligible.
Finally, another option to consider is Wok to Walk. This brand is growing, counting 95 locations across the UK. You will need to invest in a small premises to operate this business. You may qualify for financial aid. Visit our website for details.
If you are interested in the Restaurant industry and want to discover more franchising opportunities, have a look at the 88 brands available in this sector. You will find a total of almost 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.