Takeaway Franchise opportunities to start in Scarborough
What can Scarborough offer to new businesses?
The Scarborough area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Scarborough. If you already know which line of work you'd like to pursue, look into our franchise opportunities in that sector. If not, look around and see what other options catch your eye. We have brands to suit all kinds of interests and career objectives.
Recent figures show that 109,000 people live in Scarborough. When broken down by age group, the majority of the population sits within the 60+ category. The 2.6% unemployment rate among the 49,600 economically active people in the area is significantly lower than the UK average. The local income averages £22,858 per year, which is lower than the just over £30,500 average income in the UK as a whole.
The Takeaway services sector and its business options
If you're interested in becoming a franchisee in the Takeaway services sector, check out our 14 franchise opportunities currently available in the sector. Many brands offer franchise opportunities in other sectors within the Restaurant industry. For instance, there are four Halal franchises, two Food Truck franchises, five Sandwich franchises, two Burger franchises and two Bubble Tea franchises. You'll find options to suit many different career goals and aspirations. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Scarborough area, 8,000 people are employed by Hospitality and Food Services companies.
Three franchise business examples worth looking at
The Takeaway services sector has many franchise opportunities available, such as Snappy Tomato Pizza. There are 19 outlets open so far, and the network is expanding. A total of £25,000, a reasonable initial investment, is required to start a Snappy Tomato Pizza franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £5,000 of the total investment should come from your personal funds. These low startup costs make this a good franchising option for first-time franchisees. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs alone, you may be entitled to financial aid.
Another interesting franchise option is Shoryu Ramen. By joining its current 13 franchisees, you would be joining a growing brand network. Opening a Shoryu Ramen business requires a substantial initial investment of £400,000. If you intend to get 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. By investing in this franchise, you may qualify for financial assistance.
Lastly, Auntie Anne's could be another good option for you to invest in. Initially established in 1988, Auntie Anne's now has 32 years of experience in the field, making it a strong leader. The brand has grown over time and now operates in 2,000 different locations. Opening an Auntie Anne's franchise will require you to invest a minimum of £145,000. At least £40,000 of this should come from your own personal investment. It is thus less appropriate for new investors. An investment in this franchise entitles you to financial aid, if eligible. See our website for more information.
The Takeaway services sector currently offers 14 new business investment opportunities. Point Franchise currently has a total of 236 brands recruiting franchisees across a range of sectors. Have a browse to see which other sectors you might want to invest in.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.