Restaurant, Coffee Shop & Pub Franchise opportunities to start in Denton
What to know before starting a business in Denton
If you'd like to open your own business but don't know where to start, a franchise might just be the answer. Denton, situated in the East of England, could be a good place to start as there are many brands currently recruiting franchisees in the Huntingdonshire area. If you already know which line of work you'd like to pursue, check out our franchise options in that sector. If not, look around and see what other options catch your eye. We have brands to suit all kinds of interests and career goals.
There are approximately 177,000 people currently living in Huntingdonshire. The majority of the population falls within the 40-59 age range. In terms of employment, the region has a labour force of 88,700 people (82.3%), of which the unemployment rate is 3.7%. This figure is in line with the average unemployment rate across the country. Residents in the area earn £32,122 per year on average. This income is slightly higher than the national average gross income, which reaches close to £31,000.
What the Restaurant industry could offer you
If the idea of running a business in the Restaurant sector appeals to you, take a look at the 88 brands currently recruiting franchisees in the sector. Have a look through our three Juice Bar franchises, four Pizza franchises, five Sandwich franchises, two Food Truck franchises and two Chicken franchises to find out if any suit your career goals and aspirations. If you would like to work in the Hospitality and Food Services industry, it may interest you to know that, in the Huntingdonshire area, 4,500 people currently work in the industry.
Eager to find out more? Here are three franchise business examples
Café Rouge could be a great choice for you if you're interested in the Restaurant sector. By joining its 90 franchises already in operation, you could contribute to this company's expansion. You will need an initial investment of £700,000 to open your own Café Rouge business. Your personal investment should account for at least £350,000 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 decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Las Iguanas is an interesting franchise option in the Restaurant industry. By joining its network of 55 franchisees, you could play a part in this brand's success. Starting 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. 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. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Finally, Snappy Tomato Pizza could be another good option for you to invest in. The brand is expanding, with 19 locations currently in operation, and a desire to expand further. Opening a Snappy Tomato Pizza business requires a reasonable initial investment of £25,000. At least £5,000 should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees.
The Restaurant sector offers many interesting investment opportunities, including our 88 franchise 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.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.