Starting a fast food business, especially your first one can be extremely daunting as there is so much to learn before you can start trading. But if you get it right you could be laughing all the way to the bank!
People will always need to eat and with the pace of life picking up, and the projected growth in population forecast for the UK over the next decade, there has never been a better time to start. There is definitely an opportunity for an independent fast food retailer to grab a slice of the profits as many people are fed up of the traditional fast food franchises.
I would definitely avoid going down the traditional route of selling juicy burgers, fried chicken, hot dogs, fries, milk shakes & soft drinks. This segment of the market is already well catered for and you will find it difficult to improve on the existing outlets already available. There has also recently been a backlash over fast food outlets selling unhealthy fried food.
Fish and chip shops are another no-go area. Margins admittedly are high and if you find the right location you could be serving unhealthy but profitable food to the whole neighborhood. I personally do not like the...