Takeaway Franchise opportunities to start in Letchworth
Letchworth is an attractive town to invest in
If you want to open your own business, you may find that Letchworth has a lot to offer. Many brands are currently recruiting franchisees in the North Hertfordshire area. Keep reading to find out if running a franchise could be a good option for you! We offer franchise investment opportunities in a variety of sectors. Why not look into the sector that appeals to you the most?
An estimated 133,000 people currently live in North Hertfordshire. The most prevalent age group in the population is 40 to 59 years old. Unemployment affects 4% of the UK population. With a rate of 3.7%, unemployment in this area is in line with the national average. The labour force amounts to 68,400 people, making up 83.9% of the population. North Hertfordshire has an average annual salary of £35,383. This salary is higher than the rest of the UK, which has an average income of just over £30,500.
Why the Takeaway services sector might be a good option for you
Are you interested in the Takeaway services sector? You're likely to come across a franchise worth considering among 14 brands across the country. The Takeaway services sector is just one example of a sector you could invest in. Could your ideal business be among our three Frozen Yogurt franchises, four Pizza franchises, two Burger franchises, two Bubble Tea franchises and four Halal franchises available in the Restaurant industry? Have a look to find out. Opening a business is not a simple feat, but becoming a franchisee makes running your own business much more feasible. The North Hertfordshire area offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 4,000 people. So, what is stopping you from starting your own business in North Hertfordshire today?
Eager to know more? Here are three franchise business examples
If you are interested in opening a business in the Takeaway services sector, read about Really Awesome Coffee. By joining its network of 54 franchisees, you could play a part in this brand's success. To open your own Really Awesome Coffee franchise, you will need to invest £69,000, of which at least £9,300 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Given these low startup costs, this option could be suitable for first-time franchisees. Also, if you can't cover the startup costs alone, you may be entitled to financial aid.
Auntie Anne's could be another good option for you to invest in. Initially established in 1988, Auntie Anne's has grown a devoted following since opening 32 years ago. A network of 2,000 franchisees promotes the brand's visibility. A significant initial investment of £145,000 will enable you to start your own Auntie Anne's business. In most cases, your personal investment should represent 30 to 50% of the total amount. Auntie Anne's requires you to personally invest at least £40,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
As a final example, take a look at NKD Pizza. The brand is developing, with 25 outlets currently in operation, and a desire to expand further. Financial aid can be provided in some circumstances. See eligibility details on our website.
There are 14 franchises waiting to be discovered in the Takeaway services sector. At Point Franchise, we have almost 250 new business investment opportunities available, giving you plenty to choose from in other sectors as well.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.