Restaurant, Coffee Shop & Pub Franchise opportunities to start in Ashford
Investing in a franchise in Ashford
Many brands are currently recruiting franchisees in Ashford, located in the South West. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing assistance. Keep reading to explore the options in the North Devon area. Check out our different franchising options to discover the sectors and brands that most appeal to you.
There are an estimated 96,000 people living in the North Devon area. The population's most prevalent age group is made up of 60+ year olds. North Devon has an average annual salary of £22,123. This salary is lower than the rest of the UK, which has an average income of £30,629.
The Restaurant industry could be the right choice for you
There are 88 franchises in the Restaurant sector to choose from. There are five Noodle Bar franchises, four Pizza franchises, two Bubble Tea franchises, 14 Takeaway franchises and three Juice Bar franchises offering franchising opportunities. You'll find opportunities to suit many different career objectives and aspirations. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the North Devon area, 6,000 people work for Hospitality and Food Services companies.
Check out three available franchise options
Wok&Go is a competitive business operating in the Restaurant industry. You will need an initial investment of £200,000 to start your own Wok&Go business. Your personal investment should account for at least £100,000 of the total amount. You may want to think about getting a loan to open a business in this sector. 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. Wok&Go also offers training and support to help you run your business successfully.
Las Iguanas is an interesting investment opportunity in the Restaurant industry. There are 55 locations open so far, and the network is expanding. Opening a Las Iguanas business requires a significant initial investment of £700,000. If you intend to get a loan to cover the startup costs, Las Iguanas asks for a personal investment of at least £350,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. The training and assistance provided by Las Iguanas give you the tools to run your own business efficiently. Financial aid can also be provided in some circumstances.
Finally, you could also have a look at Wok to Walk. The brand is developing, with 95 outlets already in operation, and a desire to expand further. A small premises will be required to operate this business. Comprehensive training and support are available when you choose to invest in this franchise. You may also qualify for financial aid. See eligibility details on our website.
Opening a business in the Restaurant industry has great potential. If you're interested, explore our 88 available opportunities. Point Franchise has 238 franchising opportunities across a wide range of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.