Restaurant, Coffee Shop & Pub Franchise opportunities to start in Blackpool
Is Blackpool a good place to be a franchisee?
Blackpool, located in North West England, offers a variety of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Blackpool area. We offer a number of franchises to suit various budgets and career objectives. Take a look at our range of brands and sectors to see what might suit you.
There are 139,000 people living in the Blackpool area. The majority of the population falls within the 40-59 age group. The local labour force includes 63,300 people, or 77.3% of the total population. With an unemployment rate of 5.9%, recent data indicates that employment in this area is slightly higher than in the rest of the United Kingdom. The gross annual income in Blackpool amounts to £22,139, which is lower than the national average of £30,629.
Does the Restaurant industry appeal to you?
There are currently 88 opportunities to invest in the Restaurant industry. If you would like to operate a business in this sector, keep reading. There are three Pub & Bar franchises, 14 Takeaway franchises, three Juice Bar franchises, five Noodle Bar franchises and two Bubble Tea franchises offering franchising opportunities. You'll find opportunities to suit many different career goals and aspirations. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Blackpool area, 8,000 people are employed by Hospitality and Food Services businesses.
Check out three available franchise options
If working in the Restaurant sector appeals to you, take a look at Wok&Go. This brand is developing, counting 26 locations across the United Kingdom. Starting a Wok&Go business requires a significant initial investment of £200,000. At least £100,000 should come from your own personal investment. 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.
You could also consider Bubbleology, which has been operating since 2015. By joining its network of 69 franchisees, you could contribute to this up-and-coming brand's success. A significant initial investment of £120,000 will enable you to open your own Bubbleology business. In most cases, your personal investment should represent 30 to 50% of the total amount. Bubbleology requires you to personally invest at least £36,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Finally, Rocket's is an interesting franchising opportunity in the Restaurant sector. There are 49 outlets open so far, and the network is expanding. To start your business, you will need an initial investment of £200,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Rocket's, the minimum personal investment is £170,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. Also, if you can't cover the startup costs alone, you may be entitled to financial assistance. See our website for details.
If you would like to work in the Restaurant industry, the perfect investment opportunity could be waiting for you among our 88 available franchises in the sector. If you're interested in exploring business options in other sectors, we've got a total of close to 250 franchising opportunities to choose from on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.