Food Franchise opportunities to start in Newcastle upon Tyne
Newcastle upon Tyne and its prospects for new Businesses
The franchising possibilities in Newcastle upon Tyne, located in the North East of England, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to discover which brands you could work with in Newcastle upon Tyne. There are a variety of franchising opportunities available based on your budget and career goals. Have a browse to find the brand that appeals to you most.
The population of Newcastle upon Tyne is 300,000. Residents aged 20 to 39 years old have the highest concentration in the population. Unemployment affects 4% of the UK population. With a rate of 5.2%, unemployment in this area is slightly higher than the national average. The economically active population amounts to 141,500 people, representing 70.9% of the population.
Does the Food industry appeal to you?
If you're thinking about becoming a franchisee in the Food industry, check out our 136 franchise options currently available in the sector. Available franchises include eight Ice Cream franchises, four Waffle franchises, three Natural Food franchises, three Catering franchises and six Milkshake franchises. The right business to suit your career objectives and aspirations might just be among them.
Take a look at three franchise business examples
If you're interested in the Food sector, take a look at Snack Aid. It has been operating since 2013. Opening a Snack Aid business requires an affordable initial investment of £4,259. If you plan on getting a loan to cover the startup costs, Snack Aid asks for a personal investment of at least £2,555. For most franchises, this amount represents 30 to 50% of the total investment. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you.
Baguette Express is another interesting brand operating in the Food sector. The first franchise launched in 1999. Baguette Express now has over 21 years of experience under its belt. This business opportunity requires an initial investment of £60,000. 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. Baguette Express asks for a minimum personal investment of £30,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial aid. See our website for details.
Finally, LighterLife is another interesting investment opportunity if you plan to invest in the Food sector. Opened in 1992, the brand has acquired valuable experience and expertise over the past 28 years. By joining its 50 franchises already in operation, you could contribute to this company's expansion. An initial investment of £1,000 will enable you to start your own LighterLife business. These low startup costs make this a good franchising option for first-time franchisees.
If you would like to know more about franchise opportunities in the Food sector, have a look through our 136 available options. Don't forget that we offer new business investment ranges across many different sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of close to 250 franchising possibilities.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.