Page 2 - Restaurant Franchise Opportunities Newcastle-Under-Lyme

What to know before starting a franchise in Newcastle-under-Lyme

If you want to open your own business, you may find that Newcastle-under-Lyme has a lot to offer. Several brands are currently recruiting franchisees in the Newcastle-under-Lyme area. Keep reading to find out if running a franchise could be a good option for you! Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career objectives.

There are an estimated 129,000 people in the Newcastle-under-Lyme area. Residents aged 20 to 39 years old are the most represented within the population. In terms of employment, the region has a labour force of 62,600 people (76.3%), of which the unemployment rate is 5%. This figure is slightly higher than the average unemployment rate in the UK. The United Kingdom's annual average salary is just over ?30,500. Salaries in Newcastle-under-Lyme are slightly lower in comparison, averaging ?24,646 a year.

The Casual Dining sector: An interesting opportunity for franchisees

There are 15 brands offering franchise opportunities in the Casual Dining sector. The Casual Dining sector is just one example of the options available in the Restaurant industry. Other options include 14 Takeaway franchises, three Pub & Bar franchises, four Halal franchises, 15 Restaurant franchises and three Frozen Yogurt franchises. Have a look, the perfect business opportunity for you could be a few clicks away. In Newcastle-under-Lyme, the Hospitality and Food Services industry already provides work for nearly 3,000 people, potentially making this path an ideal one for you, too!

Three franchise business examples

If you would like to invest in a Casual Dining business, you could consider Las Iguanas. By joining its current 55 franchisees, you would be joining a growing brand network. In order to open a Las Iguanas business, a significant initial investment of ?700,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Las Iguanas requires a personal investment of at least ?350,000. 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.

If the Casual Dining sector appeals to you, Shoryu Ramen is another option you could consider. By joining its network of 13 franchisees, you could contribute to this brand's success. Opening a Shoryu Ramen business requires a significant initial investment of ?400,000. If you plan on getting a loan to cover the startup costs, Shoryu Ramen asks for a personal investment of at least ?200,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. A small premises will also be required to operate this business. When investing in this franchise, you could be eligible for financial assistance.

Lastly, Bella Italia is another attractive brand operating in the Casual Dining sector. To open your own Bella Italia franchise, you will need to invest ?700,000, of which at least ?350,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. It is thus less appropriate for new investors. 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 more information.

There are 15 franchises waiting to be discovered in the Casual Dining sector. On Point Franchise, there is plenty of choice in other sectors as well. We have almost 250 franchising opportunities in total to choose from.