Takeaway Franchise opportunities to start in St Albans

What to consider when starting a business in St Albans

Many brands are currently looking for franchisees in St Albans, located in the East of England. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing assistance. Keep reading to explore the options in the St Albans area. There are a number of franchising opportunities available based on your budget and career objectives. Have a browse to find the brand that appeals to you most.

St Albans has an estimated population of 147,000 people. Residents aged 40 to 59 years old have the highest concentration in the population. The 7% unemployment rate among the 73,000 economically active people in the area is slightly higher than the national average. The gross annual salary in St Albans amounts to £47,507, which is significantly higher than the national average of just over £30,500.

Franchising options in the Takeaway services sector

If you wish to open a business in the Takeaway services sector, check out our 14 franchises currently recruiting franchisees in the field. The Takeaway services sector is a part of the Restaurant industry. Other brands recruiting in this industry include three Juice Bar franchises, two Food Truck franchises, five Noodle Bar franchises, five Sandwich franchises and three Pub & Bar franchises. Among these new business investment opportunities, there will likely be one that fits your career goals and aspirations. If you would like to operate a business in the Hospitality and Food Services industry, it could be useful to know that companies in the sector currently employ 5,000 people in the St Albans area.

Three examples of available franchise business possibilities

If you are interested in running a business in the Takeaway services sector, read about Shoryu Ramen. By joining its current 13 franchisees, you would be joining a growing brand network. Opening a Shoryu Ramen business requires a significant initial investment of £400,000. If you plan on getting a loan to cover the startup costs, Shoryu Ramen asks for a personal investment of at least £200,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. You could also benefit from financial aid, if eligible.

Wolf is another interesting franchise option if you plan to invest in the Takeaway services sector. The brand is growing, with four locations currently in operation, and a desire to expand further. This business opportunity requires a substantial initial investment of £200,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Wolf requires a minimum personal investment of £100,000. It is thus less appropriate for new investors. Financial aid can be given in some circumstances.

As a final Takeaway franchise option, take a look at Crepe Delicious. There are 25 outlets open so far, and the network is expanding. You will need to invest £80,000 to start your own Crepe Delicious business. At least £50,000 of this should come from your own personal investment. 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. An investment in this franchise entitles you to financial aid, if eligible. See our website for more information.

There are 14 franchises waiting to be discovered in the Takeaway services sector. 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.

This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.