Takeaway Franchise opportunities to start in Hinckley
What to consider when starting a franchise in Hinckley
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our range of brands in Hinckley, located in the Hinckley and Bosworth area in the East Midlands, where many companies are currently recruiting. To start off with, look for the line of work that interests you the most. This is a quick way to find the brand best suited to you.
There are 112,000 people living in the Hinckley and Bosworth region. The age group with the highest concentration is 40-59. The 3.7% unemployment rate among 60,800 economically active people in the region is in line with the national average. Hinckley and Bosworth has an average annual salary of £27,471. This salary is slightly lower than the rest of the United Kingdom, which has an average income of just over £30,500.
Business options in the Takeaway services sector
If you wish to operate a Takeaway franchise, you are likely to find one that appeals to you among 14 available across the UK. The Takeaway services sector is part of the Restaurant industry, which also offers three Frozen Yogurt franchises, three Juice Bar franchises, 11 Fast Food franchises, two Burger franchises and four Halal franchises. The perfect business to suit your career goals and aspirations might just be among them. Many businesses in Hinckley and Bosworth already work in the Hospitality and Food Services industry, which employs 3,000 people. You would be joining a well-established business community.
Read about these three brands to see what franchise opportunities exist
In business since 2000, Esquires Coffee is a competitive brand operating in the Takeaway services sector. The brand has gained valuable experience and expertise over the past 20 years. The brand benefits from a strong network and good visibility, running in 103 franchise outlets. This business requires a substantial initial investment of £225,000. 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 an Esquires Coffee business is £85,000. It is thus less appropriate for new investors.
Crêpeaffaire is another interesting investment opportunity if you plan to invest in the Takeaway services sector. By joining its current 24 franchisees, you would become a part of a growing brand network. To open your own Crêpeaffaire franchise, you will need to invest £200,000, of which at least £130,000 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 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. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Lastly, another option to consider is Auntie Anne's, a brand that first began operating in 1988. The company has built strong customer loyalty over the past 32 years. Franchisees benefit from this brand's wide network, which operates across 2,000 franchise locations. You will need to invest £145,000 to start operating your own Auntie Anne's business, which is a substantial initial investment. Your personal investment should account for at least £40,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If you can't afford the startup costs on your own, you could find out if you qualify for financial assistance. Visit our website for details.
There are currently 14 new business investment opportunities available in the Takeaway services sector. Point Franchise offers a total of close to 250 franchising opportunities across a variety of sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.