Restaurant, Coffee Shop & Pub Franchise opportunities to start in Salford
Starting a new business in Salford
Would you like to open a business in Salford, located in the East of England? Would you like to work for yourself but not on your own? If so, check out our franchising options. On this page, you'll find several brands offering the training and support you need to run your own business in the Central Bedfordshire area. Starting a business should be exciting! Explore our selection of franchising opportunities, starting with the sectors that you feel most passionate about.
There are an estimated 284,000 people living in the Central Bedfordshire area. Residents aged 40 to 59 years old make up the prevalent age range within the population. The community has a 1.1% unemployment rate, which is significantly lower than the national average of 4%. There are 146,700 economically active people in the area, representing 81.8% of the total population. The region's average gross annual income of £33,508 is higher than the average income of close to £31,000 across the UK.
The Restaurant industry and its franchising options
If the idea of running a business in the Restaurant industry appeals to you, have a look at the 88 brands currently recruiting franchisees in the sector. In fact, you can choose from nine Coffee, Cafe & Coffee Shop franchises, 11 Fast Food franchises, two Chicken franchises, two Food Truck franchises and five Noodle Bar franchises today. If you are considering joining the Hospitality and Food Services industry, it may interest you to know that 9,000 people have already made the decision to work in this field in the Central Bedfordshire area.
Read about these three brands to see what franchise options exist
If you would like to invest in the Restaurant industry, Snappy Tomato Pizza could be a good option. By joining its network of 19 franchisees, you could play a part in this brand's success. Starting a Snappy Tomato Pizza franchise will require you to invest a minimum of £25,000. At least £5,000 of this should come from your own personal investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. A large premises will also be required to operate this business.
Take a look at Shoryu Ramen. By joining its 13 franchises already in operation, you could contribute to this company's expansion. A total of £400,000, a substantial initial investment, is required to start a Shoryu Ramen franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £200,000 of the total investment should come from your personal funds. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. By investing in this franchise, you may be eligible for financial support.
Lastly, check out Rooster Shack, another competitive Restaurant franchise. There are two locations open so far, and the network is expanding. A significant initial investment of £150,000 will enable you to start your own Rooster Shack business. In most cases, your personal investment should represent 30 to 50% of the total amount. Rooster Shack requires you to personally invest at least £75,000. You could potentially apply for a loan to cover the remaining costs. 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. If you can't afford the startup costs on your own, you may qualify for financial aid. See our website for details.
There are currently 88 new business investment opportunities available in the Restaurant sector. Plus, with 236 alternative franchising options available across various sectors, Point Franchise offers plenty of choice to find the right brand for you.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.