Page 2 - Restaurant Franchise Opportunities Peterborough

Starting a new business in Peterborough

Peterborough, located in the East 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 Peterborough area. Browsing our range of companies and sectors will allow you to pinpoint the type of business that is right for you.

Peterborough has a population of approximately 201,000 people. Residents aged 20 to 39 years old make up the prevalent age group in the population. The region has a labour force of 98,700 people, or 79.7% of the total population. The unemployment rate (6.2%) is high compared to the rest of the United Kingdom. Across the United Kingdom, the annual gross salary is ?30,629 on average. In the area of Peterborough, it averages ?26,549.

The Casual Dining sector: An interesting opportunity for franchisees

Across the UK, there are 15 franchises operating in the Casual Dining sector. The Restaurant industry offers a variety of options in addition to those in the Casual Dining sector. These include nine Coffee, Cafe & Coffee Shop franchises, two Burger franchises, three Pub & Bar franchises, 14 Takeaway franchises and three Frozen Yogurt franchises. Take a look at the brands available to find out which could be your perfect match. If you are thinking about opening a business in Hospitality and Food Services, Peterborough could be a good place to do it. Indeed, 5,000 people have already made the decision to work in this field in the Peterborough area.

Want to know more? Read about these three brands

Caf? Rouge could be a great option for you if you're interested in the Casual Dining sector. This brand is developing, counting 90 locations in the United Kingdom. This business opportunity requires a substantial initial investment of ?700,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Caf? Rouge requires a minimum personal investment of ?350,000. Given these higher startup costs, this is 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. Caf? Rouge could be a good option for you, as the company provides comprehensive training and support. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid.

The Casual Dining sector has many brands worth considering. Check out Bella Italia. By joining its network of 100 franchisees, you could contribute to this brand's success. You will need an initial investment of ?700,000 to start your own Bella Italia business. Your personal investment should account for at least ?350,000 of the total amount. You may want to think about getting a loan to open a business in this sector. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. Comprehensive training and support are available when you choose to invest in this franchise. You may also be eligible for financial assistance.

Finally, Wolf could be another good option for you to invest in. By joining its current four franchisees, you would be joining a growing brand network. A significant initial investment of ?200,000 will enable you to start your own Wolf business. In most cases, your personal investment should represent 30 to 50% of the total amount. Wolf requires you to personally invest at least ?100,000. You could potentially apply for a loan to cover the remaining costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Wolf provides comprehensive training and support to help you build a successful business of your own. Furthermore, you may qualify for financial aid. See eligibility details on our website.

The Casual Dining sector currently has 15 franchising opportunities. Whether you've already made the decision to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of close to 250 franchising opportunities to help you find the perfect fit.