Takeaway Franchise opportunities to start in Chadderton
Chadderton and its prospects for new Businesses
If you're considering running your own business in Chadderton, located in the North West of England, you should look at franchising options. Several companies are currently recruiting in the Oldham area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
According to recent census data, 236,000 people live in Oldham. When broken down by age range, the majority of the population sits within the 0-19 category. Approximately 105,000 people are economically active in the community, representing 73.2% of the population. The unemployment rate (3.6%) is low compared to the national average (4%). Salaries in Oldham average £23,879 a year, while in the United Kingdom the average salary is just over £30,500.
Investment options in the Takeaway services sector
If the idea of running a business in the Takeaway services sector appeals to you, have a look at the 14 brands currently recruiting franchisees in the field. In fact, we have a wide selection of options in the Restaurant services sector including the franchises in the Takeaway services sector. You can pick from five Sandwich franchises, three Juice Bar franchises, four Halal franchises, four Pizza franchises and three Frozen Yogurt franchises today. The Hospitality and Food Services industry provides work for many people. In Oldham, businesses currently employ 4,000 people in the sector.
Read about these three brands to see what franchise options exist
Really Awesome Coffee is a competitive business operating in the Takeaway services sector. You will need an initial investment of £69,000 to start your own Really Awesome Coffee business. Your personal investment should account for at least £9,300 of the total amount. You may want to consider getting a loan to open a business in this sector. 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. If you can't cover the startup costs on your own, you could find out if you qualify for financial aid.
Esquires Coffee, open since 2000, is another interesting option. The brand's network is made up of 103 franchisees, which promote its exposure. The brand is now mature and a leader within the sector, having developed its franchise network for 20 years. Starting an Esquires Coffee business requires a significant initial investment of £225,000. At least £85,000 should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Also, if you can't afford the startup costs alone, you may be able to benefit from financial assistance.
Lastly, Auntie Anne's is another attractive brand operating in the Takeaway services sector. The first franchise launched in 1988. Auntie Anne's has acquired many dedicated customers over the past 32 years. This business opportunity requires a substantial initial investment of £145,000. 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. Auntie Anne's asks for a minimum personal investment of £40,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If you can't cover the startup costs on your own, you may qualify for financial aid. Visit our website for more information.
If you would like to know more about franchise opportunities in the Takeaway services sector, have a browse through our 14 available options. If this sector doesn't suit your needs, don't worry. Point Franchise offers 236 franchise options across a variety of sectors to help you find your perfect investment opportunity.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.