Takeaway Franchise opportunities to start in Stourbridge
Starting a new business in Stourbridge
You could open your own business by becoming a franchisee in Stourbridge. Dudley, located in the West Midlands, offers a variety of new business investment possibilities. On this page, you'll find a range of companies looking for franchisees. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career objectives.
There are 321,000 people living in the Dudley area. The majority of the population sits within the 40-59 age range. The economically active population in Dudley amounts to 145,500 people, with an unemployment rate of 4.7%. This rate is slightly higher than the national average. Across the United Kingdom, the average gross income is £30,629. In the Dudley area, it is £28,043.
Running a franchise in the Takeaway services sector
There are 14 UK-based franchises available in the Takeaway services sector. The Takeaway services sector is just one example of a sector you could invest in. Could your ideal business be among our three Juice Bar franchises, 15 Restaurant franchises, two Burger franchises, nine Coffee, Cafe & Coffee Shop franchises and 11 Fast Food franchises available in the Restaurant industry? Have a browse to find out. Hospitality and Food Services is a well-established industry, providing employment for 5,000 people in Dudley alone.
Read about these three brands to see what franchise opportunities exist
If you are interested in starting a business in the Takeaway services sector, Thai Express could be an option for you. The brand operates in 300 franchise locations which make up a well-established business network. To start your business, you will need an initial investment of £150,000. 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 generally be required. For Thai Express, the minimum personal investment is £50,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. If you can't cover the startup costs on your own, you may be eligible for financial assistance.
If the Takeaway services sector appeals to you, Really Awesome Coffee is another option you could have a look at. By joining its current 54 franchisees, you would be joining a growing brand network. Starting a Really Awesome Coffee business requires an affordable initial investment of £69,000. At least £9,300 should come from your own personal investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you can't afford the startup costs on your own, you may qualify for financial aid. See eligibility details on our website.
Finally, another interesting franchise option is Bubbleology, which launched in 2015. There are 69 outlets open so far, and the network is expanding quickly. In order to open a Bubbleology business, a substantial initial investment of £120,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Bubbleology requires a personal investment of at least £36,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
If working in the Takeaway services sector appeals to you, take a look at our 14 available investment options in the sector. You will find a total of 236 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.