Restaurant, Coffee Shop & Pub Franchise opportunities to start in Wokingham
Investing in Wokingham could be your next move
If you want to open a business in Wokingham, working for yourself but not on your own, then check out our franchising opportunities in South East England. On this page, you will find a variety of brands to choose from for becoming a franchisee in the Wokingham area and across the UK. We offer a range of realistic new business investment options, so that you can find one you like.
There are 168,000 people in the Wokingham area. Residents aged 40 to 59 years old are the most represented within the population. The labour force in Wokingham amounts to 83,400 people, with an unemployment rate of 1.9%. This rate is significantly lower than the national average. The UK's annual average salary is just over £30,500. Salaries in Wokingham are significantly higher in comparison, averaging £39,411 a year.
The Restaurant sector: An interesting opportunity for franchisees
Across the United Kingdom, there are 88 franchises in the Restaurant industry. In fact, you can choose from two Chicken franchises, three Pub & Bar franchises, 11 Fast Food franchises, four Halal franchises and four Pizza franchises today. If you are thinking about starting a business in Hospitality and Food Services, Wokingham could be a good place to do it. Indeed, 5,000 people have already made the decision to work in this field in the Wokingham area.
Three franchises that might interest you
Café Rouge is an interesting franchise operating in the Restaurant sector. By joining its current 90 franchisees, you would become a part of a growing brand network. A significant initial investment of £700,000 will enable you to open your own Café Rouge business. In most cases, your personal investment should represent 30 to 50% of the total amount. Café Rouge requires you to personally invest at least £350,000. You could potentially get a loan to cover the remaining costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. You could also receive financial aid, if eligible.
Another option to consider is Veeno. By joining its eight 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 start a Veeno business is £35,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. Financial assistance can be provided in some circumstances.
Finally, Rocket's is an interesting franchise option in the Restaurant industry. The brand is expanding, with 49 locations currently in operation, and a desire to expand further. Starting a Rocket's business requires a substantial initial investment of £200,000. At least £170,000 should come from your own personal investment. 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. Eligible candidates may apply for financial aid. See eligibility details on our website.
Eager to read more about business opportunities in the Restaurant industry? Have a look at our 88 available options. Point Franchise has close to 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.