Takeaway Franchise opportunities to start in Paignton
What to consider when opening a franchise in Paignton
If you'd like to run your own business but don't know where to start, a franchise might just be the answer. Paignton, situated in the South West, could be a good place to start as there are many brands currently recruiting franchisees in the Torbay area. Exploring our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
There are 136,000 people living in the Torbay region. When broken down by age range, 60+ year olds represent the largest portion of the population. The community has a 4.1% unemployment rate, which is in line with the national average of 4%. Overall, the region's labour force consists of 59,400 people or 78.1% of the total population. The average annual income across the United Kingdom is £30,629. With a gross salary averaging £23,343, residents of Torbay have a lower salary than the national average.
The Takeaway services sector and its business opportunities
Across the UK, 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 five Noodle Bar franchises, two Bubble Tea franchises, 11 Fast Food franchises, two Food Truck franchises and three Frozen Yogurt franchises available in the Restaurant services sector? Have a look to find out. If you would like to work in the Hospitality and Food Services industry, you may be interested to know that, in the Torbay area, 8,000 people currently work in the industry.
Read about these three brands to see what franchise options exist
If you are interested in running a business in the Takeaway services sector, read about Bubbleology, a company operating since 2015. The brand is growing quickly, with 69 locations currently in operation, and a desire to expand further. You will need to invest £120,000 to begin operating your own Bubbleology business, which is a substantial initial investment. Your personal investment should account for at least £36,000 of the total amount. It is thus less appropriate for new investors.
Subway® could be another good option for you to invest in. In business since 2001, Subway® now has over 19 years of experience under its belt. It is now firmly rooted in the market, counting 2,500 franchise outlets. Eligible candidates may apply for financial aid.
Finally, take a look at NKD Pizza, another interesting Takeaway franchise. By joining its 25 franchises already in operation, you could contribute to this brand's expansion. A large premises will be required to operate this business. An investment in this franchise entitles you to financial assistance, if eligible. See our website for more information.
We offer a total of 14 businesses in the Takeaway services sector. If you're interested, see if the perfect investment opportunity for you is among them. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across many different sectors. Enjoy exploring your options.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.