Restaurant, Coffee Shop & Pub Franchise opportunities to start in Stretford

Stretford: A great location to start a business

The franchising possibilities in Stretford, located in the North West of England, 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 Trafford. With your interests and business goals in mind, have a look at our selection of franchising options.

Approximately 236,000 people currently live in Trafford. When broken down by age range, the majority of the population falls within the 40-59 category. The community has a 4.5% unemployment rate, which is slightly higher than the national average of 4%. There are 120,100 economically active people in the area, representing 82.4% of the total population. In the United Kingdom, the average gross income is £30,629; in the Trafford area, it is £35,667.

Why the Restaurant industry might be a good option for you

There are currently 88 opportunities to invest in the Restaurant industry. If you would like to operate a business in this field, keep reading. You will find a lot of interesting new business investment options, including three Pub & Bar franchises, three Frozen Yogurt franchises, four Halal franchises, two Bubble Tea franchises and 14 Takeaway franchises. Take a look at the available brands to see if your perfect match is among them. If you are thinking about opening a business in Hospitality and Food Services, Trafford could be a good place to do it. Indeed, 7,000 people have already made the decision to work in this sector in the Trafford area.

Take a look at three franchise business examples

There are many interesting franchising opportunities in the Restaurant sector. Take Las Iguanas for example. There are 55 outlets open so far, and the network is expanding. Starting a Las Iguanas business requires a significant initial investment of £700,000. If you plan on getting a loan to cover the startup costs, Las Iguanas asks for a personal investment of at least £350,000. For most franchises, this amount represents 30 to 50% of the total 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 make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.

Café Rouge is another interesting option. By joining its network of 90 franchisees, you could play a part in this brand's success. In order to open a Café Rouge business, a substantial initial investment of £700,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Café Rouge requires a personal investment of at least £350,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. Also, if you can't afford the startup costs alone, you may be able to benefit from financial assistance.

As a final example, check out Caprinos Pizza. By joining its current 16 franchisees, you would be joining a growing brand network. A total of £65,000 is required to start a Caprinos Pizza franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £50,000 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. You will also need to invest in a large premises to operate this business. By investing in this franchise, you may qualify for financial support. See eligibility details on our website.

If you are interested in the Restaurant industry and would like to discover more franchising options, have a look at the 88 brands available in this sector. Whether you've already decided to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of close to 250 franchising opportunities to help you find the right fit.

This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.