Restaurant, Coffee Shop & Pub Franchise opportunities to start in Farnborough
Is Farnborough a good place to become a franchisee?
Would you like to run your own business? Farnborough, located in the South East of England, could be a good place to start. There are many brands currently recruiting franchisees in the West Berkshire area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
The West Berkshire area has a population of 159,000 residents. Residents aged 40 to 59 years old are the most represented within the population. The region has an economically active population of 83,100 people, or 85.8% of the total population. The unemployment rate (2.7%) is very low compared to the rest of the United Kingdom. Salaries in West Berkshire average £38,416 a year, while in the UK the average income is just over £30,500.
Running a Restaurant franchise business
Across the United Kingdom, there are 88 franchises in the Restaurant industry. Could your ideal business be among our four Halal franchises, two Food Truck franchises, four Pizza franchises, five Noodle Bar franchises and two Chicken franchises? Have a look to find out. If you're interested in the Hospitality and Food Services industry, you may want to consider how many people already work in the sector. In West Berkshire, Hospitality and Food Services companies currently employ 6,000 people.
Want to know more? Read about these three brands
Café Rouge could be a great choice for you if you're planning to invest in the Restaurant sector. There are 90 locations open so far, and the network is expanding. A total of £700,000, a significant initial investment, is required to open a Café Rouge franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £350,000 of the total investment should come from your personal funds. The higher startup costs make this 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. Eligible candidates may apply for financial assistance.
Crepe Delicious is another interesting franchise option if you plan to invest in the Restaurant sector. By joining its 25 franchises already in operation, you could contribute to this brand's expansion. This business requires an initial investment of £80,000. 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 Crepe Delicious business is £50,000. It is thus less appropriate for new investors.
Lastly, you could also have a look at Subway®, which has been in business since 2001. Subway® has gained valuable experience in the field in its 19 years since first opening. It is now firmly rooted in the market, counting 2,500 franchise outlets. By investing in this franchise, you may be eligible for financial support. See eligibility details on our website.
If you are interested in the Restaurant industry and would like to know more about its available franchising opportunities, check out the 88 companies currently recruiting franchisees in the sector. On Point Franchise, there is plenty of choice in other sectors as well. We have 236 new business investment opportunities in total to choose from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.
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