Takeaway Franchise opportunities to start in Stoke-on-Trent
Stoke-on-Trent and its prospects for new Businesses
The Stoke-on-Trent area offers many interesting business opportunities. If you like the idea of running your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Stoke-on-Trent. We offer a range of realistic new business investment possibilities, so that you can find one you like.
There are 256,000 people in the Stoke-on-Trent area. The most prevalent age group in the population falls in the 20-39 age bracket. The local labour force consists of 120,500 people, or 75.8% of the total population. With an unemployment rate of 4.3%, recent data indicates that employment in this area is in line with the rest of the UK. The United Kingdom's annual average income is £30,629. Salaries in Stoke-on-Trent are slightly lower in comparison, averaging £25,185 a year.
Why the Takeaway services sector might be a good option for you
If the idea of running a business in the Takeaway services sector appeals to you, check out the 14 brands currently recruiting franchisees in the sector. The Takeaway services sector is a part of the Restaurant services sector. Other brands recruiting in this industry include 15 Restaurant franchises, two Burger franchises, nine Coffee, Cafe & Coffee Shop franchises, three Frozen Yogurt franchises and two Food Truck franchises. Among these new business investment opportunities, there will likely be one that fits your career goals and aspirations. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Stoke-on-Trent area, 5,000 people are employed by Hospitality and Food Services businesses.
Three brands worth your attention
The Takeaway services sector offers a variety of brands to choose from, including Wok&Go. By joining its current 26 franchisees, you would be joining a growing brand network. To start your business, you will need an initial investment of £200,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Wok&Go, the minimum personal investment is £100,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. You may feel more secure in starting a Wok&Go franchise knowing that franchisees are provided with full training, assistance and support. Eligible candidates may also apply for financial aid.
Another option worth considering is Bagel Corner. There are 30 outlets open so far, and the network is expanding. The training and assistance provided by Bagel Corner give you the tools to manage your own business successfully.
Finally, you could also consider Caprinos Pizza. The brand is developing, with 16 locations currently in operation, and a desire to expand further. You will need an initial investment of £65,000 to open your own Caprinos Pizza business. Your personal investment should account for at least £50,000 of the total amount. You may want to think about getting a loan to open a business in this sector. 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. Training and assistance provided by Caprinos Pizza will help you steer your business in the right direction. And, if eligible, you might be able to benefit from financial assistance. See our website for more information.
There are 14 franchises waiting to be discovered in the Takeaway services sector. On Point Franchise, there is plenty of choice in other sectors as well. We have almost 250 franchising opportunities in total to choose from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.