Takeaway Franchise opportunities to start in Hereford
Why should you invest in Hereford?
Would you like to run your own business? Hereford, located in the West Midlands, could be a good place to start. There are many brands currently recruiting franchisees in the Herefordshire area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. By browsing the sectors that appeal to you the most, you will find the franchises that best suit your interests and business goals.
There are 192,000 people living in the Herefordshire region. When broken down by age range, the majority of the population sits within the 60+ category. The local unemployment rate of 2.5% among 93,100 economically active people, or 85.1% of the population, is significantly lower than the average in the United Kingdom. Across the UK, the annual gross income is close to £31,000 on average. In the area of Herefordshire, it is £25,778.
Running a Takeaway franchise business
The Takeaway services sector currently offers 14 franchise opportunities. If this sector appeals to you, take a look at our options. In fact, the Restaurant services sector as a whole offers a wide variety of franchises to invest in, including two Chicken franchises, three Juice Bar franchises, three Pub & Bar franchises, 11 Fast Food franchises and four Halal franchises. Explore our available brands to find a potential match. It may interest you to know that companies in the Herefordshire area currently employ 5,000 people in the Hospitality and Food Services industry.
Here are three examples of franchise businesses
If you're planning to invest in the Takeaway services sector, check out Caprinos Pizza. The brand is developing, with 16 locations currently in operation, and a desire to expand further. Starting a Caprinos Pizza franchise will require you to invest a minimum of £65,000. At least £50,000 of this should come from your own personal investment. 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. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Another option worth considering is Bubbleology, a company that has been operating since 2015. By joining its network of 69 franchisees, you could play a part in this up-and-coming brand's success. Starting a Bubbleology business requires a significant initial investment of £120,000. If you plan on getting a loan to cover the startup costs, Bubbleology asks for a personal investment of at least £36,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors.
Lastly, you could also have a look at Auntie Anne's, which has been running since 1988. Auntie Anne's has grown a dedicated following since opening 32 years ago. The brand has expanded over time and now operates in 2,000 different locations. You will need to invest £145,000 to start running your own Auntie Anne's business, which is a substantial initial investment. Your personal investment should account for at least £40,000 of the total amount. It is thus less appropriate for new investors. Eligible candidates may apply for financial aid. Visit our website for more information.
There are 14 franchises waiting to be discovered in the Takeaway services sector. At Point Franchise, we have almost 250 new business investment opportunities available, giving you plenty to choose from in other sectors too.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.