Restaurant, Coffee Shop & Pub Franchise opportunities to start in Scunthorpe
Scunthorpe and its prospects for new Businesses
The franchising opportunities in Scunthorpe, located in Yorkshire and the Humber, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to find out which brands you could work with in North Lincolnshire. Explore our sectors and brands to find your best options among various franchising opportunities, keeping in mind your personal interests and business goals.
Recent figures show that 172,000 people live in North Lincolnshire. Residents aged over 60 years old have the highest concentration within the population. The 4.5% unemployment rate among 77,600 economically active people in the area is slightly higher than the national average. With an average gross annual income of £26,193, salaries in North Lincolnshire are slightly lower than the average salary of just over £30,500 across the UK.
Does the Restaurant industry appeal to you?
Across the UK, there are currently 88 opportunities to open your own franchise in the Restaurant industry. Have a browse through our 11 Fast Food franchises, three Frozen Yogurt franchises, nine Coffee, Cafe & Coffee Shop franchises, five Sandwich franchises and five Noodle Bar franchises to see if any suit your career goals and aspirations. If you're keen on the Hospitality and Food Services industry, you may want to consider how many people already work in the field. In North Lincolnshire, Hospitality and Food Services companies currently employ 4,500 people.
Check out three available franchise options
Crepe Delicious is an interesting business operating in the Restaurant sector. You will need to invest £80,000 to start your own Crepe Delicious business. At least £50,000 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you could see if you qualify for financial aid.
If the Restaurant industry appeals to you, Punch Pubs & Co is another option you could have a look at. Franchisees benefit from this brand's wide network, which operates across 1,300 franchise locations. Opening a Punch Pubs & Co business requires a reasonable initial investment of £13,000. At least £8,000 should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. If you can't cover the startup costs on your own, you may qualify for financial assistance.
Thai Express is a third interesting investment opportunity in the Restaurant sector. The brand has a strong network and good visibility, operating in 300 franchise outlets. You will need to invest £150,000 to start running your own Thai Express business, which is a substantial initial investment. Your personal investment should account for at least £50,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid. See our website for details.
The Restaurant sector has many successful franchise businesses. We currently have 88 opportunities available in this sector. You will find a total of close to 250 franchise possibilities 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 provided by NOMIS and the ONS. This content was automatically generated by LabSense.