Takeaway Franchise opportunities to start in Reading
Reading: A great location to start a business
If you want to open a business in Reading, working for yourself but not on your own, then check out our franchising opportunities in the South East of England. On this page, you will find a range of brands to choose from for becoming a franchisee in the Reading area and across the United Kingdom. We offer a number of franchises to suit various budgets and career goals. Take a look at our selection of brands and sectors to see what might suit you.
According to recent census data, there are 163,000 people in Reading. The most prevalent age group in the population is 20 to 39 years old. The 3% unemployment rate among 90,700 economically active people in the region is lower than the national average. For the Reading area, the average salary is £32,730, which is slightly higher than the UK average income of just over £30,500.
Why start a business in the Takeaway services sector?
If you wish to operate a Takeaway franchise, you are likely to find one that interests you among 14 available across the UK. Numerous brands offer franchise options in other sectors within the Restaurant industry. For instance, there are four Halal franchises, two Food Truck franchises, nine Coffee, Cafe & Coffee Shop franchises, four Pizza franchises and three Frozen Yogurt franchises. You'll find options to suit all kinds of career objectives and aspirations. If you're interested in the Hospitality and Food Services industry, you may want to consider how many people already work in the industry. In Reading, Hospitality and Food Services companies currently employ 6,000 people.
Three franchise business examples
Shoryu Ramen is an interesting business operating in the Takeaway services sector. In order to start a Shoryu Ramen business, a substantial initial investment of £400,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Shoryu Ramen asks for a personal investment of at least £200,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. When investing in this franchise, you could be eligible for financial assistance.
Auntie Anne's is an interesting franchising opportunity in the Takeaway services sector. Initially established in 1988, Auntie Anne's now has 32 years of experience in the sector, making it a strong leader. Franchisees benefit from this brand's wide network, which operates across 2,000 franchise locations. A significant initial investment of £145,000 will enable you to start your own Auntie Anne's business. In most cases, your personal investment should represent 30 to 50% of the total amount. Auntie Anne's requires you to personally invest at least £40,000. You could potentially get a loan to cover the remaining costs. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you can't afford the startup costs on your own, you may qualify for financial aid.
Lastly, you could also consider Rooster Shack. The brand is expanding, with two outlets already in operation, and a desire to expand further. To open your own Rooster Shack franchise, you will need to invest £150,000, of which at least £75,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. You could also receive financial aid, if eligible. See eligibility details on our website.
There are 14 franchises waiting to be discovered in the Takeaway services sector. You will find a total of almost 250 franchise options on Point Franchise. So if you are still looking for the perfect business opportunity, there are still plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.