Takeaway Franchise opportunities to start in Scunthorpe
Investing in a franchise in Scunthorpe
Located in Yorkshire and the Humber, Scunthorpe is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising options in North Lincolnshire and take the first step towards managing your own business. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and business objectives.
Recent figures show that 172,000 people live in North Lincolnshire. When broken down by age range, the majority of the population falls within the 60+ category. The 4.5% unemployment rate among the 77,600 economically active people in the area is slightly higher than the national average. The gross annual salary in North Lincolnshire amounts to £26,193, which is slightly lower than the national average of close to £31,000.
Business opportunities in the Takeaway services sector
Across the United Kingdom, there are currently 14 opportunities to run your own franchise in the Takeaway services sector. The Takeaway services sector is part of the Restaurant industry which offers a wide selection of interesting options. These include three Juice Bar franchises, nine Coffee, Cafe & Coffee Shop franchises, two Bubble Tea franchises, five Sandwich franchises and five Noodle Bar franchises. See if any catch your eye. If you are thinking about starting a business in Hospitality and Food Services, North Lincolnshire could be a good place to do it. Indeed, four,500 people have already made the decision to work in this sector in the North Lincolnshire area.
Three examples of available franchise business possibilities
Auntie Anne's is an interesting franchise that has been operating in the Takeaway services sector since 1988. Auntie Anne's has been operating for 32 years and has acquired many loyal customers as a result. With a significant network of two,000 locations, the brand knows how to support its franchisees. Opening an Auntie Anne's franchise will require you to invest a minimum of £145,000. At least £40,000 of this should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. When investing in this franchise, you could qualify for financial aid.
Take a look at Shoryu Ramen. By joining its network of 13 franchisee, you could play a part in this brand's success. This business opportunity requires a substantial initial investment of £400,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Shoryu Ramen requires a minimum personal investment of £200,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. If you can't cover the startup costs on your own, you may be eligible for financial assistance.
Lastly, another option worth considering is Snappy Tomato Pizza. The brand is expanding, with 19 outlet already in operation, and a desire to expand further. In order to start a Snappy Tomato Pizza business, an affordable initial investment of £25,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Snappy Tomato Pizza asks for a personal investment of at least £5,000. These low startup costs make it a good option to pursue for first-time franchisees. Financial aid can be provided in some circumstances. 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. You will find a total of close to 250 franchise opportunities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.