Takeaway Franchise opportunities to start in Newbury
Investing in a franchise in Newbury
Discover the business opportunities waiting for you in Newbury, situated in South East England. On this page you'll find a selection of brands that could make you a franchisee in the West Berkshire area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. Starting a business should be exciting! Have a look at our range of franchising options, starting with the sectors that you feel most passionate about.
According to recent census data, there are 159,000 people in West Berkshire. The most prevalent age group in the population falls within the 40-59 age bracket. Unemployment in the area (2.7%) is very low compared to the United Kingdom as a whole (4%). The labour force represents 85.8% of the local population, or 83,100 people. The average annual salary across the United Kingdom is just over £30,500. With a gross income averaging £38,416, residents of West Berkshire have a significantly higher salary than the national average.
Could the Takeaway services sector be the right choice for you?
Across the United Kingdom, there are currently 14 opportunities to run your own franchise 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 Pub & Bar franchises, 15 Restaurant franchise, two Chicken franchises, 11 Fast Food franchise and three Frozen Yogurt franchises available in the Restaurant services sector? Have a browse to find out. If you want to work in the Hospitality and Food Services industry, it may interest you to know that, in the West Berkshire area, 6,000 people currently work in the industry.
Three franchise business examples worth looking at
The Takeaway services sector has many franchise opportunities available, such as Esquires Coffee, which has been operating since 2000. Esquires Coffee has proved itself to be a successful business and leader in the field in its 20 years since opening. The brand's network is made up of 103 franchisees, which enhance its exposure. To start your business, you will need an initial investment of £225,000. If you plan on getting 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 Esquires Coffee, the minimum personal investment is £85,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Really Awesome Coffee is an interesting franchise option in the Takeaway services sector. This brand is growing, counting 54 outlet in the United Kingdom. This business requires an affordable initial investment of £69,000. If you intend to get 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 start a Really Awesome Coffee business is £9,300. These low startup costs make it a good option to pursue for first-time franchisees. By investing in this established brand, you could be eligible for financial aid.
Finally, if the Takeaway services sector appeals to you, Shoryu Ramen is another option you could consider. The brand is developing, with 13 location already in operation, and a desire to expand further. Opening a Shoryu Ramen business requires a substantial initial investment of £400,000. At least £200,000 should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. If you make the decision to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria. See our website for more information.
The Takeaway services sector currently offers 14 franchising opportunities. If you're curious about business options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.