Restaurant, Coffee Shop & Pub Franchise opportunities to start in Bridgwater
Why should you invest in Bridgwater?
The Sedgemoor area offers many interesting business opportunities. If you are interested in opening your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Bridgwater. Why not have a look through our selection of new business investment options? There are opportunities to suit many needs and career objectives.
The Sedgemoor region has 123,000 residents. The population's most prevalent age group is made up of 60+ year olds. The community has a 4.6% unemployment rate, which is slightly higher than the UK average of 4%. There are 60,100 economically active people in the area, representing 84.1% of the total population. The area's average gross annual income of £27,365 is slightly lower than the average income of just over £30,500 across the UK.
Why start a business in the Restaurant industry?
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. You can pick an investment opportunity from four Halal franchises, four Pizza franchises, three Juice Bar franchises, three Pub & Bar franchises and nine Coffee, Cafe & Coffee Shop franchises. Let our selection of brands be your guide to starting your next exciting business opportunity. If you want to work in the Hospitality and Food Services industry, you may be interested to know that, in the Sedgemoor area, 4,500 people currently work in the industry.
Here are three examples of franchise businesses
The Restaurant industry offers a range of brands to choose from, including Wolf. By joining its four franchises already in operation, you could contribute to this company's expansion. Starting a Wolf business requires a substantial initial investment of £200,000. If you plan on getting a loan to cover the startup costs, Wolf asks for a personal investment of at least £100,000. 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. An investment in this franchise entitles you to financial assistance, if eligible.
Rocket's is another interesting brand operating in the Restaurant industry. A significant initial investment of £200,000 will enable you to open your own Rocket's business. In most cases, your personal investment should represent 30 to 50% of the total amount. Rocket's requires you to personally invest at least £170,000. You could potentially get a loan to cover the remaining costs. 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 aid.
Las Iguanas is a third interesting franchise option in the Restaurant sector. By joining its current 55 franchisees, you would become a part of a growing brand network. This business opportunity requires a substantial initial investment of £700,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Las Iguanas asks for a minimum personal investment of £350,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
If working in the Restaurant sector appeals to you, take a look at our 88 available franchising options in the sector. If you're curious about business options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.
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