Restaurant, Coffee Shop & Pub Franchise opportunities to start in Fleet
Starting a new business in Fleet
Fleet, located in South West England, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Dorset area. We offer a number of franchises to suit different budgets and career objectives. Have a look at our selection of brands and sectors to see what might suit you.
There are 376,000 people in the Dorset region. When broken down by age group, the 60+ age range is the most prevalent in the population. The labour force constitutes 77.8% of the population, or approximately 157,200 people. The community has an unemployment rate of 2.6% which is significantly lower than the UK average of 4%. With an average gross annual income of £27,043, salaries in Dorset are slightly lower than the average salary of £30,629 across the United Kingdom.
Could the Restaurant industry be the right choice for you?
Across the UK, you will find 88 franchises operating in the Restaurant industry. Take a look at our three Frozen Yogurt franchises, two Bubble Tea franchises, three Pub & Bar franchises, four Halal franchises and five Noodle Bar franchises. Could one of these businesses help you reach your career goals and aspirations?
Take a look at three franchise business examples
The Restaurant industry has many franchise opportunities available, such as Rocket's. By joining its 49 franchises already in operation, you could contribute to this company's expansion. Starting a Rocket's franchise will require you to invest a minimum of £200,000. At least £170,000 of this should come from your own personal investment. 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. If you can't afford the startup costs on your own, you could find out if you qualify for financial assistance.
If the Restaurant industry appeals to you, Rooster Shack is another option you could have a look at. This brand is expanding, counting two outlets in the UK. You will need an initial investment of £150,000 to open your own Rooster Shack business. Your personal investment should account for at least £75,000 of the total amount. You may want to consider getting a loan to start a business in this sector. It is thus less appropriate for new investors. A large premises will also be required to operate this business. If you can't afford the startup costs on your own, you may qualify for financial aid.
Finally, Punch Pubs & Co is another interesting option. It is now firmly rooted in the market, counting 1,300 franchise locations. Opening a Punch Pubs & Co business requires an affordable initial investment of £13,000. If you intend to get a loan to cover the startup costs, Punch Pubs & Co asks for a personal investment of at least £8,000. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make this a good franchising option for first-time franchisees. You will also need to invest in a small premises to operate this business. Also, if you can't cover the startup costs alone, you may be entitled to financial aid. Visit our website for more information.
The Restaurant sector offers many interesting franchising opportunities, including our 88 franchise options. If you are still not sure which sector best suits your needs, have a look through our range of close to 250 franchising opportunities across a variety of sectors on Point Franchise.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.