Restaurant, Coffee Shop & Pub Franchise opportunities to start in Walton-on-Thames
Investing in a franchise in Walton-on-Thames
Located in the South East of England, Walton-on-Thames is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising opportunities in Elmbridge and take the first step towards managing your own business. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
The Elmbridge area has a population of 137,000 people. When broken down by age group, the 40-59 age range is the most prevalent in the population. The 4.7% unemployment rate among the 63,600 economically active people in the area is slightly higher than the national average. The area's average gross annual income of £57,013 is significantly higher than the average income of close to £31,000 across the United Kingdom.
Running a franchise in the Restaurant sector
If you're interested in becoming a franchisee in the Restaurant sector, take a look at our 88 franchise options currently available in the sector. This sector offers a range of interesting options, including three Pub & Bar franchises, nine Coffee, Cafe & Coffee Shop franchises, three Frozen Yogurt franchises, two Food Truck franchises and two Burger franchises. See if any catch your eye. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Elmbridge area, 5,000 people are employed by Hospitality and Food Services companies.
Check out three available franchise options
Thai Express could be a great option for you if you're interested in the Restaurant industry. The brand benefits from a well-established network and good exposure, operating in 300 franchise outlets. In order to open a Thai Express franchise, a significant initial investment of £150,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Thai Express requires a personal investment of at least £50,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Veeno could be another good option for you to invest in. This brand is developing, counting eight outlets across the United Kingdom. Opening a Veeno franchise will require you to invest a minimum of £80,000. At least £35,000 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. You will also need to invest in a large premises to operate this business. When investing in this franchise, you could be eligible for financial assistance.
Shoryu Ramen is a third interesting franchise option in the Restaurant industry. By joining its current 13 franchisees, you would become a part of a growing brand network. This franchise requires a substantial initial investment of £400,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Shoryu Ramen business is £200,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A small premises will also be required to operate this business. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid. See eligibility details on our website.
The Restaurant sector currently offers 88 new business investment opportunities. At Point Franchise, we have 236 franchising opportunities available, giving you plenty to choose from in other sectors too.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.