Restaurant, Coffee Shop & Pub Franchise opportunities to start in Southend-on-Sea
What to consider when opening a business in Southend-on-Sea
Are you thinking about opening a franchise? Southend-on-Sea, in the East of England, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while running your own business. Have a look at the brands currently recruiting in Southend-on-Sea. We offer a number of realistic new business investment opportunities, so that you can find one you like.
Southend-on-Sea has a population of approximately 182,000 people. Residents in the 40-59 age group make up the largest portion of the population. Approximately 90,200 people are economically active in the area, representing 80.5% of the population. The unemployment rate (3.9%) is comparable to the national average (4%). The average annual income across the UK is close to £31,000. With a gross salary averaging £33,169, residents of Southend-on-Sea have a higher salary than the national average.
Have you considered the Restaurant industry?
If you wish to open a business in the Restaurant sector, take a look at our 88 franchises currently recruiting franchisees in the field. This sector offers a range of interesting options, including two Food Truck franchises, 14 Takeaway franchises, four Halal franchises, three Juice Bar franchises and two Chicken franchises. See if any catch your eye. Hospitality and Food Services is a well-established industry, providing work for 5,000 people in Southend-on-Sea alone.
Read about these three brands to see what franchise options exist
If you are interested in running a business in the Restaurant sector, read about Wok&Go. The brand is growing, with 26 locations currently in operation, and a desire to expand further. Starting a Wok&Go business requires a substantial initial investment of £200,000. At least £100,000 should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. You may qualify for financial aid.
Subway® is another interesting franchising opportunity if you plan to invest in the Restaurant industry. Launched in 2001, Subway® has proved itself to be a successful business and leader in the sector in its 19 years since opening. Franchisees benefit from this brand's wide network, which operates across 2,500 franchise locations.
Lastly, Shoryu Ramen is an interesting investment opportunity in the Restaurant industry. By joining its network of 13 franchisees, you could play a part in this brand's success. A substantial initial investment of £400,000 will enable you to start your own Shoryu Ramen business. In most cases, your personal investment should represent 30 to 50% of the total amount. Shoryu Ramen requires you to personally invest at least £200,000. 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. A small premises will also be required to operate this business. Financial assistance is available for eligible franchisees. See eligibility details on our website.
If you would like to work in the Restaurant industry, the perfect business opportunity could be waiting for you among our 88 available franchises in the sector. 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.
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