Takeaway Franchise opportunities to start in Tipton

Investing in a franchise in Tipton

Tipton, located in the West Midlands, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Sandwell area. By browsing the sectors that appeal to you the most, you will find the franchises that best suit your interests and career goals.

There are approximately 327,000 people currently living in Sandwell. The most represented age range is 20-39 years of age. The labour force makes up 74.7% of the population, or approximately 153,400 people. The area has an unemployment rate of 5.3% which is slightly higher than the national average of 4%. The local income averages £23,823 per year, which is lower than the close to £31,000 average salary in the UK as a whole.

Have you considered the Takeaway services sector?

There are 14 UK-based franchises available in the Takeaway services sector. There are also five Sandwich franchises, five Noodle Bar franchises, four Halal franchises, three Frozen Yogurt franchises and two Bubble Tea franchises recruiting franchisees in the Restaurant industry, alongside the Takeaway options. Have a look to find out whether any fit your career goals and aspirations. The Hospitality and Food Services industry provides employment for many people. In Sandwell, businesses currently employ 5,000 people in the sector.

Three franchise business examples worth looking at

If you would like to invest in a Takeaway business, you could consider Auntie Anne's. First established in 1988, Auntie Anne's has grown a loyal following since opening 32 years ago. The brand has expanded over time and now runs in 2,000 different locations. To start your business, you will need an initial investment of £145,000. 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 Auntie Anne's, the minimum personal investment is £40,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.

Rooster Shack is another interesting option. By joining its current two franchisee, you would become a part of a growing brand network. A substantial initial investment of £150,000 will enable you to open your own Rooster Shack business. In most cases, your personal investment should represent 30 to 50% of the total amount. Rooster Shack requires you to personally invest at least £75,000. You could potentially get a loan to cover the remaining costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. By investing in this franchise, you may qualify for financial assistance.

Finally, another interesting franchise option is Really Awesome Coffee. There are 54 location open so far, and the network is expanding. You will need an initial investment of £69,000 to start your own Really Awesome Coffee business. Your personal investment should account for at least £9,300 of the total amount. You may want to think about getting a loan to open a business in this sector. 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 could see if you qualify for financial aid. See our website for more information.

There are 14 franchises waiting to be discovered in the Takeaway services sector. At Point Franchise, we are proud to offer almost 250 franchise options across different sectors, helping you find the perfect business opportunities for you.

This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.