Takeaway Franchise opportunities to start in Tamworth
Why should you invest in Tamworth?
You could start your own business by becoming a franchisee in Tamworth. There are a number of opportunities to choose from in Tamworth, located in the West Midlands. Have a look at our selection of brands and start running your own business with a team behind you. There are a variety of new business investment options available based on your budget and career objectives. Have a look to find the brand that appeals to you most.
Recent figures show that 77,000 people live in Tamworth. Residents aged 40 to 59 years old make up the prevalent age range in the population. The labour force constitutes 86.8% of the population, or approximately 40,600 people. The region has an unemployment rate of 5.3% which is slightly higher than the national average of 4%. Salaries in Tamworth average £26,343 a year, while in the UK the average income is close to £31,000.
What the Takeaway services sector could offer you
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 actually part of the Restaurant industry which offers a wider selection. There are currently four Halal franchises, four Pizza franchises, 15 Restaurant franchises, 11 Fast Food franchises and five Sandwich franchises recruiting at this time. Amongst these opportunities, there is likely to be one to suit your career goals and aspirations.
Three brands worth your attention
If the Takeaway services sector is your area of interest, Shoryu Ramen is worth looking at. There are 13 outlets open so far, and the network is expanding. In order to start a Shoryu Ramen business, a substantial initial investment of £400,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Shoryu Ramen asks for a personal investment of at least £200,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. By investing in this established brand, you could qualify for financial assistance.
Another possibility to consider is Wok&Go. The brand is expanding, with 26 locations currently in operation, and a desire to expand further. To open your own Wok&Go franchise, you will need to invest £200,000, of which at least £100,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business.
Lastly, another option worth considering is Auntie Anne's, a company that was first established in 1988. Auntie Anne's now offers its expertise to a loyal customer base, built up over 32 years. It is now firmly rooted in the market, counting 2,000 franchise locations. This business opportunity requires a significant initial investment of £145,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Auntie Anne's requires a minimum personal investment of £40,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See our website for details.
Starting a business in the Takeaway services sector has great potential. If you're interested, explore our 14 available options. With 236 franchising opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.