Takeaway Franchise opportunities to start in Smethwick
Investing in Smethwick could be your next move
You could start your own business by becoming a franchisee in Smethwick. There are a number of franchise options to choose from in Sandwell, located in the West Midlands. Have a look at our range of brands and start managing your own business with a team behind you. To begin, look for the line of work that appeals to you the most. This is a quick way to find the brand best suited to you.
The Sandwell region has 327,000 residents. Residents aged 20 to 39 years old have the highest concentration in the population. The community has a 5.3% unemployment rate, which is slightly higher than the UK average of 4%. There are 153,400 economically active people in the area, representing 74.7% of the total population. Across the United Kingdom, the average gross salary is close to £31,000. In the Sandwell area, it is £23,823.
Investment options in the Takeaway services sector
There are 14 UK-based franchises available in the Takeaway services sector. The Takeaway services sector is part of the Restaurant sector, which also offers three Juice Bar franchises, two Food Truck franchises, four Halal franchises, five Sandwich franchises and three Frozen Yogurt franchises. The perfect business to suit your career goals and aspirations might just be among them. Opening a business is not a simple feat, but becoming a franchisee makes running your own business much more feasible. The Sandwell area offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 5,000 people. So, what is stopping you from starting your own business in Sandwell today?
Here are three examples of franchise businesses
If you would like to invest in the Takeaway services sector, NKD Pizza could be a good option. This brand is developing, counting 25 outlets in the United Kingdom. A large premises will be required to operate this business. You could also receive financial aid, if eligible.
Take a look at Thai Express, another interesting Takeaway franchise. The brand has a strong network and good visibility, operating in 300 franchise locations. Starting a Thai Express business requires a significant initial investment of £150,000. At least £50,000 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. An investment in this franchise entitles you to financial assistance, if eligible.
As a final example, check out Snappy Tomato Pizza. There are 19 locations open so far, and the network is expanding. This business requires an affordable initial investment of £25,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Snappy Tomato Pizza business is £5,000. These low startup costs make it a good option to pursue for first-time franchisees. You will also need to invest in a large premises to operate this business. Financial support is available for eligible franchisees. See our website for details.
If you want to work in the Takeaway services sector, the perfect business opportunity could be waiting for you among our 14 available franchises in the sector. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a look to see which other sectors you might want to invest in.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.