Takeaway Franchise opportunities to start in Canterbury
Starting a new business in Canterbury
If you want to open your own business, you may find that Canterbury has a lot to offer. Many brands are currently recruiting franchisees in the Canterbury area. Read on to see if running a franchise could be a good option for you! We offer franchise investment options in many different sectors. Why not look into the sector that appeals to you the most?
Recent figures show that 165,000 people live in Canterbury. The most represented age range is 20-39 years of age. The labour force in Canterbury amounts to 73,500 people, with an unemployment rate of 2.4%. This rate is significantly lower than the national average. With an average gross annual income of £31,483, salaries in Canterbury are in line with the average salary of £30,629 across the United Kingdom.
Running a franchise in the Takeaway services sector
There are 14 brands offering franchise opportunities in the Takeaway services sector. In fact, we have a wide selection of options in the Restaurant industry including the franchises in the Takeaway services sector. You can choose from five Sandwich franchises, two Burger franchises, four Halal franchises, three Juice Bar franchises and 15 Restaurant franchises today. Many companies in Canterbury already work in the Hospitality and Food Services industry, which employs 6,000 people. You would be joining a well-established business community.
Three brands worth your attention
If the Takeaway services sector is your area of interest, Really Awesome Coffee is worth considering. The brand is developing, with 54 locations already in operation, and a desire to expand further. This business opportunity requires an affordable initial investment of £69,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Really Awesome Coffee requires a minimum personal investment of £9,300. These relatively low startup costs make it a good option to pursue for first-time franchisees. By investing in this established brand, you could be eligible for financial assistance.
Another interesting franchise option is Shoryu Ramen. This brand is growing, counting 13 outlets across the United Kingdom. A total of £400,000, a substantial initial investment, is required to start a Shoryu Ramen franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £200,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors. A small premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible.
As a final example, check out Wolf. There are four locations open so far, and the network is expanding. This business requires a significant initial investment of £200,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Wolf business is £100,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. You may qualify for financial aid. See eligibility details on our website.
If you are interested in the Takeaway services sector and want to discover more franchising options, have a look at the 14 brands available in this sector. Point Franchise currently has a total of almost 250 brands recruiting franchisees across a variety of sectors. Have a look to see which other sectors you might want to invest in.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.