Takeaway Franchise opportunities to start in Portsmouth
Portsmouth is waiting for you to begin a franchise business
Portsmouth, located in South East England, 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 Portsmouth area. We offer a number of realistic new business investment opportunities, so that you can find one you like.
The Portsmouth area has a population of 215,000 people. When broken down by age group, 20-39 year olds represent the largest portion of the population. The 4.1% unemployment rate among the 106,700 economically active people in the area is in line with the national average. Salaries in Portsmouth average £25,913 a year, while in the United Kingdom the average salary is just over £30,500.
Could the Takeaway services sector be the right choice for you?
If you're thinking about becoming a franchisee in the Takeaway services sector, check out our 14 franchise options currently available in the sector. The Takeaway services sector is part of the Restaurant sector which offers a wide range of interesting options. These include two Chicken franchises, 15 Restaurant franchises, nine Coffee, Cafe & Coffee Shop franchises, 11 Fast Food franchises and three Juice Bar franchises. See if any catch your eye. In Portsmouth, the Hospitality and Food Services industry already provides employment for nearly 9,000 people, potentially making this path an ideal one for you, too!
Have a look at three franchise business examples
If you'd like to run your own Takeaway business, Bagel Corner might be a great option for you. There are 30 locations open so far, and the network is expanding. You will need to invest in a small premises to operate this business.
Another possibility to consider is Wolf. This brand is developing, counting four outlets in the UK. You will need to invest £200,000 to start operating your own Wolf business, which is a substantial initial investment. Your personal investment should account for at least £100,000 of the total amount. 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. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
Finally, Rooster Shack is another successful brand operating in the Takeaway services sector. By joining its current two franchisees, you would become a part of a growing brand network. This business opportunity requires a substantial initial investment of £150,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Rooster Shack asks for a minimum personal investment of £75,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
The Takeaway services sector offers 14 franchising opportunities. Point Franchise offers a total of 236 franchising opportunities across a variety of sectors. So, if you're still looking 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.