Page 2 - Restaurant Franchise Opportunities Loughborough

Thinking about living and working in Loughborough?

Located in the East Midlands, Loughborough is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising possibilities in Charnwood and take the first step towards managing your own business. We offer a range of realistic new business investment options, so that you can find one you like.

The Charnwood region has 183,000 residents. The 20-39 age group makes up the majority of the population. The area has 96,200 economically active people, representing 81.3% of the population, with an unemployment rate of 3.1%. This rate is lower than the country's 4% national average. Residents in the area earn ?28,053 per year on average. This income is slightly lower than the national average gross income, which reaches ?30,629.

Franchising opportunities in the Casual Dining sector

Are you interested in running your own business in the Casual Dining sector? Have a look at our 15 franchise options available in this sector. Could a starting business in the Casual Dining sector, or in the Restaurant services sector more widely, help you reach your career goals and aspirations? Check out the three Juice Bar franchises, 11 Fast Food franchises, three Frozen Yogurt franchises, two Food Truck franchises and two Bubble Tea franchises recruiting at this time. If you're interested in the Hospitality and Food Services industry, you're not alone. In Charnwood, 4,500 people currently work in the industry.

Take a look at three franchise business examples

Veeno is an interesting business operating in the Casual Dining sector. To start your business, you will need an initial investment of ?80,000. 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 usually be required. For Veeno, the minimum personal investment is ?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. You may qualify for financial aid.

Shoryu Ramen is another attractive brand operating in the Casual Dining sector. This business requires a significant 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. 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. When investing in this franchise, you could be eligible for financial assistance.

Finally, another option worth considering is Bella Italia. The brand is developing, with 100 outlets currently in operation, and a desire to expand further. A total of ?700,000, a significant initial investment, is required to open a Bella Italia 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. 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. Eligible candidates may apply for financial aid. Visit our website for details.

Starting a business in the Casual Dining sector has great potential. If you're interested, explore our 15 available opportunities. On Point Franchise, there is plenty of choice in other sectors too. We have close to 250 new business investment opportunities in total to choose from.