Takeaway Franchise opportunities to start in Stockport
Stockport: A great location to start a business
Have you ever considered opening a franchise in Stockport? This could be your opportunity to manage your own business while benefiting from comprehensive training and marketing support, since many brands in the Stockport area are currently recruiting franchisees. Explore our sectors and brands to find your best options among various franchising opportunities, keeping in mind your personal interests and career objectives.
A recent census found that 292,000 people live in Stockport. When broken down by age range, the majority of the population falls within the 40-59 category. The area has a labour force of 141,600 people, or 80.6% of the total population. The unemployment rate (4.8%) is high compared to the rest of the United Kingdom. The average gross salary in the United Kingdom is close to £31,000. Residents of Stockport earn £31,553 a year on average.
Why Takeaway businesses appeal to franchisees
Across the United Kingdom, there are 14 franchises in the Takeaway services sector. The Takeaway services sector is just one example of the options available in the Restaurant sector. Other opportunities include three Pub & Bar franchises, nine Coffee, Cafe & Coffee Shop franchises, two Bubble Tea franchises, 15 Restaurant franchises and two Food Truck franchises. Have a look, the perfect investment opportunity for you could be a few clicks away. The Hospitality and Food Services industry provides work for many people. In Stockport, businesses currently employ 7,000 people in the sector.
Read about these three brands to see what franchise options exist
The Takeaway services sector has many franchise options available, such as Wok&Go. This brand is growing, counting 26 locations across the country. Starting a Wok&Go business requires a significant initial investment of £200,000. If you intend to get a loan to cover the startup costs, Wok&Go asks for a personal investment of at least £100,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
If the Takeaway services sector appeals to you, Snappy Tomato Pizza is another option you could have a look at. By joining its current 19 franchisees, you would be joining a growing brand network. A reasonable initial investment of £25,000 will enable you to open your own Snappy Tomato Pizza business. In most cases, your personal investment should represent 30 to 50% of the total amount. Snappy Tomato Pizza requires you to personally invest at least £5,000. You could potentially get a loan to cover the remaining costs. Given these low startup costs, this option could be suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. You may be eligible for financial aid.
Finally, Shoryu Ramen is another interesting franchising opportunity if you plan to invest in the Takeaway services sector. There are 13 outlets open so far, and the network is expanding. This business opportunity requires a significant 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 asks for 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 eligible, you might be able to benefit from financial assistance. See eligibility details on our website.
The Takeaway services sector has many successful franchise businesses. We currently have 14 options available in this sector. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of 236 franchising possibilities.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.