Takeaway Franchise opportunities to start in Hemel Hempstead
Investing in a franchise in Hemel Hempstead
The Dacorum area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Hemel Hempstead. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career goals.
The Dacorum area has a population of 154,000 residents. The majority of the population sits within the 40-59 age range. Unemployment affects 4% of the UK population. With a rate of 2.9%, unemployment in this area is significantly lower than the national average. The labour force amounts to 78,200 people, making up 82.8% of the population. The local income averages £32,443 per year, which is slightly higher than the £30,629 average income in the UK as a whole.
Running a Takeaway franchise business
If you're considering becoming a franchisee in the Takeaway services sector, check out our 14 franchise options currently available in the field. In fact, the Restaurant services sector as a whole offers a wide range of franchises to invest in, including four Halal franchises, nine Coffee, Cafe & Coffee Shop franchises, three Frozen Yogurt franchises, three Pub & Bar franchises and five Sandwich franchises. Have a look at our available brands to find a potential match. Many companies in Dacorum already operate in the Hospitality and Food Services industry, which employs 4,000 people. You would become a part of a well-established business community.
Three franchise business examples worth looking at
If you'd like to open your own Takeaway business, Esquires Coffee might be a great option for you. In operation since 2000, the brand now has 20 years of experience, making it a leader in the sector. The brand benefits from a strong network and good exposure, operating in 103 franchise locations. Starting an Esquires Coffee business requires a significant initial investment of £225,000. At least £85,000 should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You could also benefit from financial aid, if eligible.
Take a look at Caprinos Pizza. By joining its network of 16 franchisees, you could contribute to this brand's success. This business requires an initial investment of £65,000. 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 Caprinos Pizza 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. Financial assistance is available for eligible franchisees.
Finally, Thai Express could be another good option for you to invest in. The brand runs in 300 franchise locations which make up a well-established business community. You will need to invest £150,000 to start operating your own Thai Express business, which is a substantial initial investment. Your personal investment should account for at least £50,000 of the total amount. 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 afford the startup costs on your own, you could see if you qualify for financial aid. See eligibility details on our website.
If you want to work in the Takeaway services sector, the perfect investment opportunity could be waiting for you among our 14 available franchises in the sector. At Point Franchise, we are proud to offer almost 250 franchise options across many sectors, helping you find the perfect business opportunities for you.
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