Takeaway Franchise opportunities to start in Stevenage
Stevenage is waiting for you to start a franchise business
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our selection of brands in Stevenage, located in the Stevenage area in the East of England, where many businesses are currently recruiting. Why not have a look through our range of new business investment options? There are opportunities to suit various needs and career objectives.
There are 88,000 people living in the Stevenage region. The majority of residents are aged 20 to 39 years old. The area has 46,300 economically active people, representing 83.1% of the population, with an unemployment rate of 3%. This rate is lower than the country's 4% national average. For the Stevenage area, the average income is £28,369, which is slightly lower than the national average salary of just over £30,500.
Could the Takeaway services sector be the right choice for you?
If you're interested in becoming a franchisee in the Takeaway services sector, take a look at our 14 franchise options currently available in the sector. Multiple brands offer franchise opportunities in other sectors within the Restaurant industry. For instance, there are three Juice Bar franchises, 11 Fast Food franchises, four Pizza franchises, five Noodle Bar franchises and two Bubble Tea franchises. You'll find opportunities to suit many different career goals and aspirations.
Three franchise businesses worth reading about
If you'd like to open your own Takeaway business, Snappy Tomato Pizza might be a great option for you. The brand is expanding, with 19 outlets currently in operation, and a desire to expand further. You will need to invest £25,000 to begin operating your own Snappy Tomato Pizza business, which is an affordable initial investment. Your personal investment should account for at least £5,000 of the total amount. These low startup costs make this a good franchising option for first-time franchisees. A large premises will also be required to operate this business. When investing in this franchise, you could qualify for financial aid.
Another option to consider is Shoryu Ramen. There are 13 locations open so far, and the network is expanding. In order to open a Shoryu Ramen business, a significant initial investment of £400,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Shoryu Ramen requires a personal investment of at least £200,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. A small premises will also be required to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
As a final Takeaway franchise option, check out Thai Express. By joining its network of 300 franchisees, you would become a part of a strong business community. A total of £150,000, a significant initial investment, is required to start a Thai Express franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £50,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. Eligible candidates may apply for financial aid. See eligibility details on our website.
If you would like to learn more about franchise opportunities in the Takeaway services sector, have a browse through our 14 available options. If you're curious about franchising options in other sectors, Point Franchise offers 236 brands to choose from.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.
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