Restaurant, Coffee Shop & Pub Franchise opportunities to start in Barnstaple
What can Barnstaple offer to new businesses?
If you want to open your own business, you may find that Barnstaple has a lot to offer. Several brands are currently recruiting franchisees in the North Devon area. Keep reading to find out if running a franchise could be a good option for you! Why not have a browse through our selection of new business investment options? There are opportunities to suit many needs and career goals.
A recent census found that 96,000 people live in North Devon. The population's most prevalent age group is made up of 60+ year olds. With an average gross annual income of £22,123, salaries in North Devon are lower than the average income of £30,629 across the UK.
Could the Restaurant sector be the right choice for you?
If the idea of running a business in the Restaurant sector appeals to you, check out the 88 brands currently recruiting franchisees in the sector. There are three Pub & Bar franchises, two Bubble Tea franchises, 11 Fast Food franchises, two Burger franchises and five Sandwich franchises offering the opportunity to invest. Explore our available brands to find a potential match. If you're keen on the Hospitality and Food Services industry, you may want to consider how many people already work in the field. In North Devon, Hospitality and Food Services businesses currently employ 6,000 people.
Here are three examples of franchise businesses
Crêpeaffaire operates in the Restaurant industry. By joining its 24 franchises already in operation, you could contribute to this company's expansion. Starting a Crêpeaffaire business requires a substantial initial investment of £200,000. If you intend to get a loan to cover the startup costs, Crêpeaffaire asks for a personal investment of at least £130,000. For most franchises, this amount represents 30 to 50% of the total investment. 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. You may feel more secure in opening a Crêpeaffaire franchise knowing that franchisees are provided with full training, assistance and support. Eligible candidates may also apply for financial aid. Visit our website for more information.
Fireaway is another successful business that has been operating in the Restaurant sector since 2016. By joining its network of 20 franchisees, you could contribute to this up-and-coming brand's success. An initial investment of £49,000 will allow you to start your own Fireaway business. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. When investing in this franchise, you can benefit from the assistance and support of an established brand
Lastly, another option worth considering is NKD Pizza. This brand is developing, counting 25 outlets across the United Kingdom. You will need to invest in a large premises to operate this business.
There are 88 franchises waiting to be discovered in the Restaurant sector. If you're curious about franchising opportunities in other sectors, Point Franchise has 238 brands to pick from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.