Takeaway Franchise opportunities to start in St Helens
What to consider when starting a franchise in St Helens
St Helens, located in the South East of England, has many opportunities for people looking to open their own business. There are several brands currently recruiting franchisees in the Isle of Wight area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. Why not have a look through our range of new business investment options? There are opportunities to suit various needs and career objectives.
Isle of Wight has an estimated population of 142,000 residents. The majority of the population falls within the 60+ age group. Unemployment affects 4% of the UK population. With a rate of 3.6%, unemployment in this area is lower than the national average. The economically active population amounts to 58,600 people, making up 76.6% of the population. The area's average gross annual income of £24,262 is lower than the average income of close to £31,000 across the United Kingdom.
The Takeaway services sector: An interesting opportunity for franchisees
In the UK, there are 14 franchises recruiting in the Takeaway services sector. The Takeaway services sector is actually part of the Restaurant services sector which offers a wider selection. There are currently 11 Fast Food franchises, four Pizza franchises, nine Coffee, Cafe & Coffee Shop franchises, three Juice Bar franchises and two Food Truck franchises recruiting at this time. Amongst these opportunities, there is likely to be one to suit your career goals and aspirations. Many companies in Isle of Wight already work in the Hospitality and Food Services industry, which employs 7,000 people. You would be joining a well-established business community.
Three examples of available franchise business options
NKD Pizza is an interesting franchise operating in the Takeaway services sector. There are 25 outlets open so far, and the network is expanding. A large premises will be required to operate this business. If you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Crêpeaffaire is another attractive brand operating in the Takeaway services sector. This business opportunity requires a significant initial investment of £200,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Crêpeaffaire asks for a minimum personal investment of £130,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. 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.
The Takeaway services sector has many brands worth considering. As a final example, take a look at Rooster Shack. By joining its current two franchisees, you would become a part of a growing brand network. You will need to invest £150,000 to start operating your own Rooster Shack business, which is a significant initial investment. Your personal investment should account for at least £75,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business.
If you are considering running a franchise business in the Takeaway services sector, you might be interested to browse our 14 available brands. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.