Takeaway Franchise opportunities to start in Luton
Luton is waiting for you to open a franchise business
Have you ever considered opening a franchise in Luton? This could be your opportunity to run your own business while benefiting from comprehensive training and marketing support, since many businesses in the Luton area are currently recruiting franchisees. To start off with, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
Recent figures show that Luton has a population of 214,000 residents. Residents aged 20 to 39 years old have the highest concentration in the population. The local unemployment rate of 5% among 103,100 economically active people, or 74.1% of the population, is slightly higher than the average in the UK. Salaries in Luton average £28,196 a year, while in the United Kingdom the average salary is £30,629.
Why choose to open a franchise in the Takeaway services sector?
There are 14 brands currently looking for franchisees in the Takeaway services sector. If this sector appeals to you, check them out. This is just one of the sectors you could choose within the Restaurant industry. There are also four Pizza franchises, 15 Restaurant franchises, three Juice Bar franchises, four Halal franchises and nine Coffee, Cafe & Coffee Shop franchises. Have a browse and see if any are a good fit for you. If you're interested in the Hospitality and Food Services industry, you may want to consider how many people already work in the field. In Luton, Hospitality and Food Services companies currently employ 4,500 people.
Take a look at three franchise business examples
The Takeaway services sector offers a variety of brands to choose from, including Wok&Go. By joining its 26 franchises already in operation, you could contribute to this company's expansion. Starting a Wok&Go business requires a significant initial investment of £200,000. At least £100,000 should come from your own personal investment. 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 afford the startup costs on your own, you could find out if you qualify for financial aid.
Another option worth considering is Crepe Delicious. This brand is expanding, counting 25 outlets across the United Kingdom. You will need to invest £80,000 to start operating your own Crepe Delicious business. Your personal investment should account for at least £50,000 of the total amount. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. You may be eligible for financial assistance.
Rooster Shack is a third interesting franchising opportunity in the Takeaway services sector. There are two locations open so far, and the network is expanding. A significant initial investment of £150,000 will enable you to start your own Rooster Shack business. In most cases, your personal investment should represent 30 to 50% of the total amount. Rooster Shack requires you to personally invest at least £75,000. You could potentially get a loan to cover the remaining costs. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible. See eligibility details on our website.
The Takeaway services sector offers many interesting investment opportunities, including our 14 franchise options. Whether you've already made the decision to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of close to 250 franchising opportunities to help you find the right fit.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.