Restaurant, Coffee Shop & Pub Franchise opportunities to start in Romiley
Is Romiley a good place to be a franchisee?
If you want to open your own business, you may find that Romiley has a lot to offer. Many companies are currently looking for franchisees in the Stockport area. Read on to see if running a franchise could be a good option for you! If you already know which line of work you'd like to pursue, look into our franchise options in that sector. If not, have a look and see what other options catch your eye. We have brands to suit all kinds of interests and career objectives.
There are 292,000 people living in the Stockport region. Residents aged 40 to 59 years old are the most represented in the population. The community has 141,600 economically active people, representing 80.6% of the population, with an unemployment rate of 4.8%. This rate is slightly higher than the country's 4% national average. The local income averages £31,553 per year, which is slightly higher than the close to £31,000 average salary in the UK as a whole.
Why choose to open a franchise in the Restaurant sector?
If the idea of running a business in the Restaurant industry appeals to you, check out the 88 brands currently recruiting franchisees in the field. Available franchises include three Frozen Yogurt franchises, nine Coffee, Cafe & Coffee Shop franchises, two Bubble Tea franchises, two Food Truck franchises and 14 Takeaway franchises. The right business to suit your career goals and aspirations might just be among them. The Hospitality and Food Services industry provides employment for many people. In Stockport, businesses currently employ 7,000 people in the sector.
Three franchise business examples
Veeno is an interesting business operating in the Restaurant sector. To start your business, you will need an initial investment of £80,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Veeno, the minimum personal investment is £35,000. 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 entitled to financial aid.
Another possibility to consider is Crepe Delicious. The brand is growing, with 25 locations currently in operation, and a desire to expand further. In order to start a Crepe Delicious business, an initial investment of £80,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Crepe Delicious asks for a personal investment of at least £50,000. 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. Eligible candidates may apply for financial assistance.
Lastly, Thai Express is another interesting investment opportunity if you plan to invest in the Restaurant sector. The brand's network is significant, counting 300 outlets across the United Kingdom. You will need to invest £150,000 to begin operating your own Thai Express business, which is a significant 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.
There are currently 88 franchising opportunities available in the Restaurant sector. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.