Page 2 - Takeaway Franchise Opportunities Lowestoft

Thinking about living and working in Lowestoft?

Discover the business options waiting for you in Lowestoft, situated in the East of England. On this page you'll find a range of brands that could make you a franchisee in the Suffolk area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. If you already know which line of work you'd like to pursue, explore our franchise opportunities in that sector. If not, have a browse and see what other options catch your eye. We have businesses to suit many different interests and career goals.

There are an estimated 759,000 people living in the Suffolk area. The most prevalent age group in the population is over 60 years old. Suffolk has an unemployment rate of 2.4% within its labour force of 350,800 people. This rate is very low compared to the UK average. The gross annual salary in Suffolk amounts to ?29,129, which is in line with the national average of close to ?31,000.

The Takeaway services sector: An interesting opportunity for franchisees

If you want to run your own business in the Takeaway services sector, the good news is that there are 14 franchises currently recruiting new franchisees across the country. The Takeaway services sector is a part of the Restaurant services sector. Other brands recruiting in this industry include three Pub & Bar franchises, two Burger franchises, two Bubble Tea franchises, five Sandwich franchises and 15 Restaurant franchises. Among these franchising options, there will likely be one that fits your career goals and aspirations. Hospitality and Food Services is a well-established industry, providing employment for 24,000 people in Suffolk alone.

Eager to know more? Here are three franchise business examples

If the Takeaway services sector is your area of interest, Thai Express is worth looking at. By joining its network of 300 franchisees, you would become a part of a strong business community. This business opportunity requires a substantial initial investment of ?150,000. 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. Thai Express requires a minimum personal investment of ?50,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial assistance, if eligible.

Bubbleology is another successful brand that has been operating in the Takeaway services sector since 2015. By joining its current 69 franchisees, you would become a part of a fast growing brand network. You will need to invest ?120,000 to open your own Bubbleology business. At least ?36,000 of this substantial amount should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.

Lastly, another brand worth considering is Really Awesome Coffee. This brand is expanding, counting 54 locations in the UK. You will need to invest ?69,000 to begin operating your own Really Awesome Coffee business, which is a reasonable initial investment. Your personal investment should account for at least ?9,300 of the total amount. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Eligible candidates may apply for financial aid. See our website for more information.

If working in the Takeaway services sector appeals to you, take a look at our 14 available investment opportunities in the sector. Plus, with 236 alternative franchising options available across various sectors, Point Franchise offers plenty of choice to find the right brand for you.