Takeaway Franchise opportunities to start in Hyde
What to know before starting a franchise in Hyde
If you'd like to run your own business but don't know where to start, a franchise might just be the answer. Hyde, situated in the South West, could be a good place to start as there are many brands currently recruiting franchisees in the Gloucestershire area. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career goals.
There are an estimated 634,000 people in the Gloucestershire area. The most prevalent age group in the population falls in the 40-59 age bracket. The area has a 3.4% unemployment rate, which is lower than the national average of 4%. Overall, the region's labour force consists of 321,100 people or 84.8% of the total population. Gloucestershire has an average annual salary of £30,049, which is in line with the national average income of just over £30,500.
Why choose to open a franchise in the Takeaway services sector?
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. You will find many business opportunities in the Restaurant industry, including those in the Takeaway services sector. Other possibilities include two Burger franchises, 11 Fast Food franchises, two Food Truck franchises, nine Coffee, Cafe & Coffee Shop franchises and five Noodle Bar franchises. There might be one worth considering among them. If you are thinking about opening a business in Hospitality and Food Services, Gloucestershire could be a good place to do it. Indeed, 26,000 people have already made the decision to work in this industry in the Gloucestershire area.
Check out three available franchise options
If working in the Takeaway services sector appeals to you, have a look at Rooster Shack. There are two outlets open so far, and the network is expanding. You will need to invest £150,000 to begin running your own Rooster Shack business, which is a significant initial investment. Your personal investment should account for at least £75,000 of the total amount. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs alone, you may be entitled to financial assistance.
Crepe Delicious is an interesting franchise option in the Takeaway services sector. By joining its 25 franchises already in operation, you could contribute to this company's expansion. A total of £80,000 is required to open a Crepe Delicious franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £50,000 of the total investment should come from your personal funds. 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. If you can't afford the startup costs on your own, you may qualify for financial aid. Visit our website for details.
Lastly, another interesting investment opportunity is Bubbleology, which launched in 2015. By joining its current 69 franchisees, you would become a part of a fast growing brand network. Starting a Bubbleology business requires a substantial initial investment of £120,000. At least £36,000 should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
The Takeaway services sector currently offers 14 new business investment opportunities. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.