Food Franchise opportunities to start in Gateshead
Gateshead and its prospects for new Businesses
Discover the business opportunities waiting for you in Gateshead, situated in the North East of England. On this page you'll find a range of brands that could make you a franchisee in the Tyne and Wear Met County area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. Explore our extensive possibilities in order to find the right brand for you, and you'll be one step closer to opening your own business.
According to recent census data, 1,136,000 people live in Tyne and Wear Met County. Residents aged 20 to 39 years old make up the prevalent age group within the population. Unemployment affects 4% of the UK population. With a rate of 5.7%, unemployment in this area is slightly higher than the national average. The economically active population amounts to 540,200 people, representing 75.0% of the population.
The Food industry could be the right choice for you
Are you interested in the Food sector? If so, there are 136 available franchises to choose from in the UK. Among the business opportunities in this sector, you will find seven Vegan franchises, five Juice franchises, three Catering franchises, three Weight Loss franchises and three Smoothie franchises. There might be one worth considering among them.
Take a look at three franchise business examples
If you plan to invest in a Food business, you could consider Crêpeaffaire. This brand is expanding, counting 24 outlets across the UK. This business opportunity requires a substantial initial investment of £200,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Crêpeaffaire asks for a minimum personal investment of £130,000. 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. If eligible, you might be entitled to financial aid.
Baguette Express is another successful brand that has been operating in the Food industry since 1999. The company is now mature and a leader within the sector, having developed its franchise network for 21 years. The brand is growing, with 38 locations currently in operation, and a desire to expand further. In order to start a Baguette Express business, an initial investment of £60,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Baguette Express requires a personal investment of at least £30,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
Dunkin' Donuts is a third interesting franchising opportunity in the Food sector. Initially established in 1970, Dunkin' Donuts has acquired substantial customer loyalty over its 50 years in business. Franchisees benefit from this brand's wide network, which operates across 11,000 franchise locations. You will need to invest £3,000,000 to begin operating your own Dunkin' Donuts business, which is a substantial initial investment. Your personal investment should account for at least £1,200,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
There are currently 136 available franchise options in the Food industry. Check out these businesses to see if there's a good fit for you. On Point Franchise, there is plenty of choice in other sectors as well. We have close to 250 franchising opportunities in total to choose from.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.