Takeaway Franchise opportunities to start in Cheshunt
Why should you invest in Cheshunt?
Discover the franchise options waiting for you in Cheshunt, situated in the East of England. On this page you'll find a selection of brands recruiting franchisees in the Broxbourne area. Franchising gives you the opportunity to run your own business, complete with training and marketing support. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
Broxbourne has a population of approximately 97,000 people. The 40-59 age group has the highest concentration in the population. Approximately 50,400 people are economically active in the region, representing 79.5% of the population. The unemployment rate (5.2%) is high compared to the UK average (4%). Across the United Kingdom, the annual gross salary is £30,629 on average. In the area of Broxbourne, it averages £34,070.
The Takeaway services sector and its business opportunities
The Takeaway services sector currently offers 14 franchise opportunities. If this sector appeals to you, have a look at our options. In fact, the Restaurant services sector as a whole offers a wide range of franchises to invest in, including four Halal franchises, three Pub & Bar franchises, four Pizza franchises, three Frozen Yogurt franchises and two Chicken franchises. Explore our available brands to find a potential match.
Check out these three business examples
If you would like to invest in the Takeaway services sector, Snappy Tomato Pizza could be a good option. There are 19 locations open so far, and the network is expanding. This business opportunity requires an affordable initial investment of £25,000. 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. Snappy Tomato Pizza requires a minimum personal investment of £5,000. Given these low startup costs, this option could be suitable 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 on your own, you may qualify for financial assistance.
Take a look at Auntie Anne's. First established in 1988, the company has built strong customer loyalty over the past 32 years. The brand has developed over time and now operates in 2,000 different locations. This business requires a significant initial investment of £145,000. If you intend to get 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 an Auntie Anne's business is £40,000. It is thus less appropriate for new investors. You may qualify for financial aid.
Lastly, you could also consider Esquires Coffee, which has been in business since 2000. The brand now has 20 years of experience, making it a leader in the field. By joining its network of 103 franchisees, you would become a part of a strong business community. Starting an Esquires Coffee business requires a substantial initial investment of £225,000. If you plan on getting a loan to cover the startup costs, Esquires Coffee asks for a personal investment of at least £85,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. Financial aid can be given in some circumstances. Visit our website for details.
There are 14 franchises waiting to be discovered in the Takeaway services sector. Point Franchise has almost 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.