Takeaway Franchise opportunities to start in Hoddesdon
Hoddesdon and its prospects for new Businesses
Many brands are currently recruiting franchisees in Hoddesdon, located in the East of England. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Broxbourne area. We offer a number of franchises to suit different budgets and career goals. Have a look at our range of brands and sectors to see what might suit you.
Broxbourne has a population of approximately 97,000 people. Residents in the 40-59 age category make up the largest portion of the population. Broxbourne has an unemployment rate of 5.2% within its labour force of 50,400 people. This rate is high compared to the national average. The average annual income across the United Kingdom is close to £31,000. With a gross salary averaging £34,070, residents of Broxbourne have a higher salary than the national average.
Why the Takeaway services sector might be a good option for you
The Takeaway services sector currently offers 14 franchise opportunities. If this sector appeals to you, take a look at our options. The Takeaway services sector is a part of the Restaurant industry. Other brands recruiting in this industry include two Food Truck franchises, five Sandwich franchises, four Halal franchises, two Burger franchises and two Chicken franchises. Among these franchising opportunities, there will likely be one that fits your career goals and aspirations.
Eager to know more? Here are three franchise business examples
If you're planning to invest in the Takeaway services sector, check out Crêpeaffaire. By joining its network of 24 franchisees, you could contribute to this brand's success. In order to start a Crêpeaffaire business, a significant initial investment of £200,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Crêpeaffaire requires a personal investment of at least £130,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. If you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Crepe Delicious is another competitive brand operating in the Takeaway services sector. You will need to invest £80,000 to open your own Crepe Delicious business. At least £50,000 of this 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. You may be eligible for financial aid. See our website for more information.
Finally, Bubbleology, open since 2015, is another interesting option. There are 69 locations open so far, and the network is expanding quickly. This business opportunity requires a substantial initial investment of £120,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Bubbleology asks for a minimum personal investment of £36,000. It is thus less appropriate for new investors.
There are 14 franchises waiting to be discovered in the Takeaway services sector. Point Franchise currently has a total of 236 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.