Restaurant, Coffee Shop & Pub Franchise opportunities to start in Wellingborough
Why should you invest in Wellingborough?
Wellingborough, located in the East Midlands, offers a number of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Wellingborough area. Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.
A recent census found that 79,000 people live in Wellingborough. The population's most prevalent age group is made up of 40-59 year olds. The average gross income in the United Kingdom is £30,629. Residents of Wellingborough earn £26,305 a year on average.
Franchising options in the Restaurant industry
Are you interested in the Restaurant sector? If so, there are 88 available brands to choose from across the country. Available franchises include four Pizza franchises, three Frozen Yogurt franchises, two Food Truck franchises, two Bubble Tea franchises and two Burger franchises. The perfect business to suit your career objectives and aspirations might just be among them.
Check out three available franchise opportunities
If you're planning to invest in the Restaurant sector, take a look at Rooster Shack. By joining its current two franchisees, you would be joining a growing brand network. A total of £150,000, a significant initial investment, is required to start a Rooster Shack franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £75,000 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. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Thai Express is an interesting investment opportunity in the Restaurant sector. The brand's network is vast, counting 300 outlets in the United Kingdom. You will need an initial investment of £150,000 to open your own Thai Express business. Your personal investment should account for at least £50,000 of the total amount. You may want to think about getting a loan to open a business in this sector. 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. If you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
As a final example, check out Las Iguanas. There are 55 locations open so far, and the network is expanding. In order to start a Las Iguanas business, a substantial initial investment of £700,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Las Iguanas requires a personal investment of at least £350,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business.
The Restaurant industry currently has 88 new business investment opportunities. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.