Takeaway Franchise opportunities to start in Manchester
Starting a franchise business in Manchester
You could start your own business by becoming a franchisee in Manchester. There are a number of franchise options to choose from in Manchester, located in the North West of England. Have a look at our range of brands and start managing your own business with a team behind you. Exploring our selection of brands and sectors will allow you to pinpoint the type of business that is right for you.
According to recent census data, 548,000 people live in Manchester. When broken down by age group, 20-39 year olds represent the largest portion of the population. The economically active population in Manchester amounts to 276,800 people, with an unemployment rate of 6.3%. This rate is slightly higher than the national average. Residents in the area earn £25,609 per year on average. This income is slightly lower than the national average gross income, which reaches £30,629.
Why the Takeaway services sector appeals to franchisees
If you're thinking about becoming a franchisee in the Takeaway services sector, check out our 14 franchise opportunities currently available in the sector. The Takeaway services sector is just one example of a sector you could invest in. Could your ideal business be among our three Juice Bar franchises, two Chicken franchises, two Bubble Tea franchises, three Pub & Bar franchises and four Halal franchises available in the Restaurant industry? Have a browse to find out. The Hospitality and Food Services industry provides employment for many people. In Manchester, companies currently employ 36,000 people in the field.
Three franchise businesses worth reading about
Wolf is an interesting franchise operating in the Takeaway services sector. By joining its four franchises already in operation, you could contribute to this brand's expansion. Opening a Wolf franchise will require you to invest a minimum of £200,000. At least £100,000 of this 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. You will also need to invest in a large premises to operate this business.
Bubbleology is another competitive brand operating in the Takeaway services sector. The first franchise launched in 2015. Opening a Bubbleology business requires a substantial initial investment of £120,000. If you plan on getting a loan to cover the startup costs, Bubbleology asks for a personal investment of at least £36,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Lastly, Crepe Delicious could be another good option for you to invest in. There are 25 locations open so far, and the network is expanding. You will need to invest £80,000 to start running your own Crepe Delicious business. Your personal investment should account for at least £50,000 of the total amount. 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. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance. See eligibility details on our website.
There are currently 14 new business investment opportunities available in the Takeaway services sector. If you are still not sure which sector best suits your needs, have a look through our range of almost 250 franchising opportunities across various sectors on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.