Page 2 - Restaurant Franchise Opportunities Liverpool

What to consider when starting a business in Liverpool

If you want to open your own business, you may find that Liverpool has a lot to offer. Several brands are currently looking for franchisees in the Liverpool area. Read on to see if running a franchise could be a good option for you! Why not have a look through our range of new business investment options? There are opportunities to suit many needs and career objectives.

Recent figures show that 495,000 people live in Liverpool. Residents in the 20-39 age group make up the largest portion of the population. The 4.7% unemployment rate among the 235,800 economically active people in the area is slightly higher than the national average. Across the United Kingdom, the average gross salary is just over ?30,500. In the Liverpool area, it is ?26,687.

Why open a franchise in the Casual Dining sector?

There are 15 franchises in the Casual Dining sector to choose from. You will find many business opportunities in the Restaurant services sector, including those in the Casual Dining sector. Other possibilities include three Juice Bar franchises, 15 Restaurant franchises, four Halal franchises, 14 Takeaway franchises and nine Coffee, Cafe & Coffee Shop franchises. The perfect business to suit your career goals and aspirations might just be among them. Interesting fact: companies in Hospitality and Food Services employ 22,000 people in the Liverpool area. This could be your opportunity to start a successful business of your own!

Three examples of available franchise business possibilities

If you're interested in the Casual Dining sector, take a look at Shoryu Ramen. This brand is growing, counting 13 outlets in the UK. This business requires a substantial initial investment of ?400,000. If you plan on getting 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 open a Shoryu Ramen business is ?200,000. 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. An investment in this franchise entitles you to financial assistance, if eligible.

Another option to consider is Veeno. By joining its network of eight franchisees, you could play a part in this brand's success. In order to start a Veeno business, an initial investment of ?80,000 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. Veeno asks for a personal investment of at least ?35,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. By investing in this established brand, you could qualify for financial aid.

Lastly, another option worth considering is Wolf. By joining its current four franchisees, you would be joining a growing brand network. To start your business, you will need an initial investment of ?200,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Wolf, the minimum personal investment is ?100,000. 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. If you can't cover the startup costs on your own, you may be eligible for financial aid. See eligibility details on our website.

If you are interested in the Casual Dining sector and would like to know more about its available franchising opportunities, check out the 15 companies currently recruiting franchisees in the sector. With almost 250 franchising opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.