Takeaway Franchise opportunities to start in Derby
Investing in a franchise in Derby
The franchising opportunities in Derby, located in the East Midlands, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to discover which brands you could work with in Derby. To begin, look for the line of work that appeals to you the most. This is a quick way to find the brand best suited to you.
Derby has a population of approximately 257,000 people. Residents aged 20 to 39 years old are the most represented in the population. The community has a 4.2% unemployment rate, which is in line with the national average of 4%. There are 124,600 economically active people in the region, representing 77.4% of the total population. With an average gross annual income of £29,895, salaries in Derby are in line with the average income of £30,629 across the United Kingdom.
Why Takeaway businesses appeal to franchisees
If the idea of running a business in the Takeaway services sector appeals to you, take a look at the 14 brands currently recruiting franchisees in the field. The Takeaway services sector is part of the Restaurant industry, which also offers five Noodle Bar franchises, five Sandwich franchises, three Juice Bar franchises, four Pizza franchises and two Bubble Tea franchises. The perfect business to suit your career objectives and aspirations might just be among them. If you are considering joining the Hospitality and Food Services industry, it may interest you to know that 9,000 people have already made the decision to work in this sector in the Derby area.
Three examples of available franchise business possibilities
There are many interesting franchising options in the Takeaway services sector. Take Wok&Go for example. By joining its current 26 franchisees, you would be joining a growing brand network. This business requires a substantial initial investment of £200,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Wok&Go business is £100,000. 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. You could also receive financial assistance, if eligible.
Another interesting franchising opportunity is Snappy Tomato Pizza. This brand is growing, counting 19 locations across the UK. Opening a Snappy Tomato Pizza business requires an affordable initial investment of £25,000. If you plan on getting a loan to cover the startup costs, Snappy Tomato Pizza asks for a personal investment of at least £5,000. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make it a good option to pursue for first-time franchisees. A large premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
As a final example, have a look at Shoryu Ramen. By joining its 13 franchises already in operation, you could contribute to this company's expansion. A total of £400,000, a substantial initial investment, is required to start a Shoryu Ramen franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £200,000 of the total investment should come from your personal funds. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A small premises will also be required to operate this business. If eligible, you might be entitled to financial aid. See our website for details.
Eager to read more about business opportunities in the Takeaway services sector? Check out our 14 available options. On Point Franchise, there is plenty of choice in other sectors too. We have 236 new business investment opportunities in total to choose from.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.