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What to know before opening a franchise in Liverpool

Liverpool, located in the North West of England, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Liverpool area. Browse our extensive possibilities in order to find the right brand for you, and you'll be one step closer to starting your own business.

There are 495,000 people living in the Liverpool area. The most prevalent age group in the population falls within the 20-39 age bracket. The local unemployment rate of 4.7% among 235,800 economically active people, or 70.6% of the population, is slightly higher than the average in the United Kingdom. The region's average gross annual income of ?26,687 is slightly lower than the average income of close to ?31,000 across the UK.

Running a franchise in the Restaurant sector

If you wish to open a business in the Restaurant industry, check out our 88 brands currently recruiting franchisees in the sector. Could your ideal business be among our 14 Takeaway franchises, two Burger franchises, four Pizza franchises, four Halal franchises and two Food Truck franchises? Have a look to find out. In Liverpool, the Hospitality and Food Services industry already provides work for nearly 22,000 people, potentially making this path an ideal one for you, too!

Three franchise business examples

If the Restaurant sector is your area of interest, Auntie Anne's is worth looking at. Initially established in 1988, the brand's extensive experience, good reputation and wide exposure are valuable assets. The brand has developed over time and now operates in 2,000 different locations. Starting an Auntie Anne's business requires a significant initial investment of ?145,000. At least ?40,000 should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.

Las Iguanas is another competitive brand operating in the Restaurant sector. A total of ?700,000, a significant initial investment, is required to start a Las Iguanas franchise. You might want to consider getting a loan to cover the startup costs, in which case at least ?350,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors. A large premises will also be required to operate this business. Eligible candidates may apply for financial assistance.

Lastly, Wok to Walk is an interesting franchise option in the Restaurant industry. By joining its 95 franchises already in operation, you could contribute to this company's expansion.

There are 88 franchises waiting to be discovered in the Restaurant sector. If you're interested in exploring business options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.

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