Takeaway Franchise opportunities to start in Kidderminster
Kidderminster is an attractive town to invest in
Discover the business opportunities waiting for you in Kidderminster, situated in the West Midlands. On this page you'll find a selection of brands that could make you a franchisee in the Wyre Forest area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and business goals.
There are 101,000 people in the Wyre Forest region. The most prevalent age range in the population is over 60 years old. The area has a 3.2% unemployment rate, which is lower than the national average of 4%. Overall, the region's economically active population consists of 43,900 people or 76.7% of the total population. The region's average gross annual income of £26,703 is slightly lower than the average income of close to £31,000 across the UK.
Why Takeaway businesses appeal to franchisees
There are currently 14 opportunities to invest in the Takeaway services sector. If you would like to operate a business in this field, keep reading. The Takeaway services sector is just one sector among many in the Restaurant industry. Its nine Coffee, Cafe & Coffee Shop franchises, five Noodle Bar franchises, four Halal franchises, three Frozen Yogurt franchises and two Chicken franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting investment opportunity.
Here are three examples of franchise businesses
The Takeaway services sector has many franchise options available, such as Wok&Go. By joining its 26 franchises already in operation, you could contribute to this company's expansion. 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. You will also need to invest in a large premises to operate this business. Training and assistance provided by Wok&Go will help you take your business in the right direction. And, if eligible, you might be entitled to financial assistance.
Another option worth considering is Auntie Anne's, a company that was first established in 1988. The brand's extensive experience, good reputation and wide exposure are valuable assets. A network of 2,000 franchisees promotes the brand's visibility. In order to start an Auntie Anne's business, a substantial initial investment of £145,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Auntie Anne's requires a personal investment of at least £40,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. The training and assistance provided by Auntie Anne's give you the tools to run your own business efficiently. Financial aid can also be given in some circumstances.
The Takeaway services sector has many brands worth considering. As a final example, take a look at Really Awesome Coffee. There are 54 locations open so far, and the network is expanding. To start your business, you will need an initial investment of £69,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Really Awesome Coffee, the minimum personal investment is £9,300. Given these low startup costs, this option could be suitable for first-time franchisees. An investment in this franchise entitles you to expert training and support as well as financial aid, if eligible. See our website for more information.
The Takeaway services sector offers 14 franchising opportunities. If you're curious about investment options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.