Takeaway Franchise opportunities to start in Aldridge
Investing in Aldridge could be your next move
Aldridge, located in the West Midlands, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Walsall area. Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to starting your own business.
Walsall has an estimated population of 283,000 residents. When broken down by age group, 0-19 year olds represent the largest portion of the population. The local unemployment rate of 6.7% is high compared to the UK average of 4%. The local labour force consists of 130,000 people, representing 75.7% of the population. Across the UK, the average gross income is £30,629. In the Walsall area, it is £24,014.
The Takeaway services sector: An interesting opportunity for franchisees
Are you interested in the Takeaway services sector? You're likely to find a franchise worth considering among 14 brands across the UK. The Takeaway services sector is just one example of a sector you could invest in. Could your ideal business be among our three Frozen Yogurt franchises, five Noodle Bar franchises, five Sandwich franchises, four Pizza franchises and two Food Truck franchises available in the Restaurant sector? Have a browse to find out. If you're interested in the Hospitality and Food Services industry, you're not alone. In Walsall, 4,000 people currently work in the sector.
Take a look at three franchise business examples
Fireaway is a competitive franchise that has been operating in the Takeaway services sector since 2016. By joining its current 20 franchisees, you would become a part of a fast growing brand network. An initial investment of £49,000 will allow you to open your own Fireaway business. 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. An investment in this franchise entitles you to expert training and support
The Takeaway services sector has many brands worth considering. Take a look at Snappy Tomato Pizza. There are 19 outlets open so far, and the network is expanding. You will need to invest £25,000 to open your own Snappy Tomato Pizza business. At least £5,000 of this affordable amount should come from your own personal investment. These low startup costs make it a good option to pursue for first-time franchisees. You will also need to invest in a large premises to operate this business. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Snappy Tomato Pizza can support you with comprehensive training and assistance to help your business reach its full potential.
Lastly, another option to consider is Wok&Go. The brand is growing, with 26 locations currently in operation, and a desire to expand further. A substantial initial investment of £200,000 will enable you to open your own Wok&Go business. In most cases, your personal investment should represent 30 to 50% of the total amount. Wok&Go requires you to personally invest at least £100,000. You could potentially apply for a loan to cover the remaining costs. 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 can benefit from the assistance and support of an established brand and you could even qualify for financial assistance. See our website for details.
The Takeaway services sector offers many interesting investment opportunities, including our 14 franchise options. You will find a total of 238 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.