Takeaway Franchise opportunities to start in Exeter
Exeter is an attractive town to invest in
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Take a look at our selection of brands in Exeter, located in the Exeter area in the South West, where many businesses are currently recruiting. If you already know which line of work you'd like to pursue, explore our franchise options in that sector. If not, have a look and see what other options catch your eye. We have brands to suit all kinds of interests and career goals.
An estimated 130,000 people currently live in Exeter. Residents in the 20-39 age group make up the largest portion of the population. The area has 70,900 economically active people, representing 79.5% of the population, with an unemployment rate of 2.6%. This rate is significantly lower than the country's 4% national average. For the Exeter area, the average income is £26,426, which is slightly lower than the national average salary of £30,629.
Running a Takeaway franchise business
If the idea of running a business in the Takeaway services sector appeals to you, have a look at the 14 brands currently recruiting franchisees in the field. The Restaurant industry offers a variety of options in addition to those in the Takeaway services sector. These include four Pizza franchises, 11 Fast Food franchises, two Burger franchises, nine Coffee, Cafe & Coffee Shop franchises and three Frozen Yogurt franchises. Check out the brands available to see which could be your perfect match. If you are thinking about starting a business in Hospitality and Food Services, Exeter could be a good place to do it. Indeed, 6,000 people have already made the decision to work in this industry in the Exeter area.
Take a look at these three business examples
Wok&Go is a competitive business operating in the Takeaway services sector. By joining its current 26 franchisees, you would become a part of a growing brand network. In order to open a Wok&Go business, a substantial initial investment of £200,000 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. Wok&Go requires a personal investment of at least £100,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
Another option to consider is Auntie Anne's, a brand that was first established in 1988. The brand has grown a devoted following over the past 32 years. It is now firmly rooted in the market, counting 2,000 franchise outlets. A total of £145,000, a significant initial investment, is required to open an Auntie Anne's franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £40,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees. If eligible, you might be able to benefit from financial assistance.
Finally, if the Takeaway services sector appeals to you, Crepe Delicious is another option you could consider. This brand is growing, counting 25 locations in the United Kingdom. This business requires an initial investment of £80,000. 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 start a Crepe Delicious business is £50,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't cover the startup costs on your own, you may be eligible for financial aid. Visit our website for details.
If you would like to learn more about franchise opportunities in the Takeaway services sector, have a look through our 14 available options. Point Franchise has almost 250 franchising opportunities across a wide range of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.