Takeaway Franchise opportunities to start in Bolton
What to know before starting a franchise in Bolton
Are you considering opening a franchise? Bolton, in North West England, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while managing your own business. Take a look at the brands currently recruiting in Bolton. With your interests and business objectives in mind, have a look at our range of franchising opportunities.
The population of Bolton is made up of 285,000 residents. The 40-59 age group makes up the majority of the population. In terms of employment, the region has a labour force of 132,000 people (74.5%), of which the unemployment rate is 7.5%. This figure is slightly higher than the average unemployment rate in the United Kingdom. Bolton has an average annual salary of £26,225. This salary is slightly lower than the rest of the UK, which has an average income of just over £30,500.
Why Takeaway businesses appeal to franchisees
There are 14 brands offering franchise options in the Takeaway services sector. The Takeaway services sector is part of the Restaurant services sector, which also offers three Pub & Bar franchises, four Halal franchises, four Pizza franchises, 11 Fast Food franchises and 15 Restaurant 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 5,000 people in the Bolton area. This could be your opportunity to open a successful business of your own!
Check out three available franchise options
If you're interested in the Takeaway services sector, have a look at Bubbleology, a brand that launched in 2015. There are 69 locations open so far, and the network is expanding quickly. You will need to invest £120,000 to start your own Bubbleology business. At least £36,000 of this substantial amount should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Crepe Delicious is another competitive brand operating in the Takeaway services sector. This business requires an initial investment of £80,000. If you intend to get 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 Crepe Delicious business is £50,000. 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 afford the startup costs on your own, you may qualify for financial aid.
Lastly, Really Awesome Coffee is another successful business operating in the Takeaway services sector. By joining its network of 54 franchisees, you could play a part in this brand's success. To open your own Really Awesome Coffee franchise, you will need to invest £69,000, of which at least £9,300 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you.
The Takeaway services sector offers many interesting franchising opportunities, including our 14 franchise options. You will find a total of almost 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.