Restaurant, Coffee Shop & Pub Franchise opportunities to start in Bury
What to consider when opening a business in Bury
If you want to start a business in Bury, working for yourself but not on your own, then check out our franchising opportunities in the East of England. On this page, you will find a range of brands to choose from for becoming a franchisee in the Huntingdonshire area and across the United Kingdom. With your interests and career goals in mind, have a look at our selection of new business investment options.
There are 177,000 people living in the Huntingdonshire region. When broken down by age group, the majority of the population sits within the 40-59 category. The community has a 3.7% unemployment rate, which is in line with the national average of 4%. There are 88,700 economically active people in the area, representing 82.3% of the total population. The local income averages £32,122 per year, which is slightly higher than the £30,629 average income in the United Kingdom as a whole.
Why choose to work in the Restaurant sector?
If you're interested in becoming a franchisee in the Restaurant sector, have a look at our 88 franchise opportunities currently available in the sector. You can pick an investment opportunity from nine Coffee, Cafe & Coffee Shop franchises, four Halal franchises, two Food Truck franchises, 11 Fast Food franchises and five Sandwich franchises. Let our selection of brands be your guide to starting your next exciting franchising opportunity. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Huntingdonshire area, 4,500 people work for Hospitality and Food Services companies.
Three franchise business examples worth looking at
If you're interested in the Restaurant sector, take a look at Caprinos Pizza. The brand is developing, with 16 outlets currently in operation, and a desire to expand further. To start your business, you will need an initial investment of £65,000. 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 usually be required. For Caprinos Pizza, the minimum personal investment is £50,000. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. By investing in this established brand, you could qualify for financial assistance.
If the Restaurant industry appeals to you, Shoryu Ramen is another option you could consider. By joining its network of 13 franchisees, you could contribute to this brand's success. In order to open a Shoryu Ramen business, a significant initial investment of £400,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Shoryu Ramen requires a personal investment of at least £200,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Lastly, check out Bella Italia, another competitive Restaurant franchise. By joining its 100 franchises already in operation, you could contribute to this brand's expansion. This business opportunity requires a significant initial investment of £700,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Bella Italia asks for a minimum personal investment of £350,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for details.
The Restaurant sector offers many interesting franchising opportunities, including our 88 franchise options. You will find a total of almost 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.