Restaurant, Coffee Shop & Pub Franchise opportunities to start in Eastleigh
What to consider when starting a business in Eastleigh
Eastleigh, located in the South West, has many opportunities for people looking to open their own business. There are many brands currently recruiting franchisees in the North Devon area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. Explore our different franchising options to find the sectors and brands that most appeal to you.
There are 96,000 people in the North Devon region. The majority of the population sits within the 60+ age range. The average gross salary in the UK is just over £30,500. Residents of North Devon earn £22,123 a year on average.
The Restaurant industry and its investment opportunities
Across the United Kingdom, there are 88 franchises operating in the Restaurant industry. We have three Pub & Bar franchises, three Juice Bar franchises, 14 Takeaway franchises, nine Coffee, Cafe & Coffee Shop franchises and two Bubble Tea franchises. Have a look at the brands to find out if your perfect match is among them. Opening a business is not a simple feat, but becoming a franchisee makes running your own business much more feasible. The North Devon area offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 6,000 people. So, what is stopping you from starting your own business in North Devon today?
Want to know more? Read about these three brands
If working in the Restaurant industry appeals to you, check out Snappy Tomato Pizza. The brand is expanding, with 19 outlets already in operation, and a desire to expand further. Starting a Snappy Tomato Pizza business requires an affordable initial investment of £25,000. If you plan on getting a loan to cover the startup costs, Snappy Tomato Pizza asks for a personal investment of at least £5,000. For most franchises, this amount represents 30 to 50% of the total investment. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. A large premises will also be required to operate this business. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
Another possibility to consider is Bella Italia. By joining its 100 franchises already in operation, you could contribute to this company's expansion. This business requires a significant initial investment of £700,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Bella Italia business is £350,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. If eligible, you might be able to benefit from financial assistance.
Lastly, have a look at Wok to Walk, another competitive Restaurant franchise. This brand is developing, counting 95 locations in the United Kingdom. A small premises will be required to operate this business. If you can't cover the startup costs on your own, you may qualify for financial aid. See our website for details.
If you would like to take a look at more new business investment options in the Restaurant industry, we currently have 88 available opportunities. Whether you've already made the decision to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we offer a total of almost 250 franchising opportunities to help you find the right fit.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.