Takeaway Franchise opportunities to start in Telford
Thinking about living and working in Telford?
You could open your own business by becoming a franchisee in Telford. Telford and Wrekin, located in the West Midlands, offers a variety of new business investment options. On this page, you'll find a range of brands looking for franchisees. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
According to recent census data, 178,000 people live in Telford and Wrekin. When broken down by age group, 40-59 year olds represent the largest portion of the population. The labour force constitutes 80.4% of the population, or approximately 88,300 people. The area has an unemployment rate of 4.5% which is slightly higher than the national average of 4%. Residents in the area earn £25,758 per year on average. This income is slightly lower than the country's average gross income, which reaches just over £30,500.
Why the Takeaway services sector might be a good option for you
Across the United Kingdom, there are currently 14 opportunities to run your own franchise in the Takeaway services sector. The Takeaway services sector is a part of the Restaurant industry. Other brands recruiting in this industry include three Frozen Yogurt franchises, two Food Truck franchises, three Pub & Bar franchises, five Sandwich franchises and two Burger franchises. Among these franchising opportunities, there will likely be one that fits your career goals and aspirations. It may interest you to know that businesses in the Telford and Wrekin area currently employ 4,000 people in the Hospitality and Food Services industry.
Three franchise business examples
Wolf is a competitive business operating in the Takeaway services sector. You will need to invest £200,000 to start operating your own Wolf business, which is a significant initial investment. Your personal investment should account for at least £100,000 of the total amount. 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. When investing in this franchise, you could be eligible for financial aid.
Check out Crepe Delicious, another attractive Takeaway franchise. There are 25 outlets open so far, and the network is expanding. Starting a Crepe Delicious business requires an initial investment of £80,000. At least £50,000 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.
As a final example, have a look at Really Awesome Coffee. By joining its current 54 franchisees, you would be joining a growing brand network. In order to start a Really Awesome Coffee business, a reasonable initial investment of £69,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Really Awesome Coffee asks for a personal investment of at least £9,300. 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. Financial assistance is available for eligible franchisees. See our website for details.
If you are considering opening a franchise business in the Takeaway services sector, you might be interested to browse our 14 available brands. Point Franchise has almost 250 franchising opportunities across a wide range of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.