Food Franchise opportunities to start in Wallsend
What can Wallsend offer to new businesses?
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our range of brands in Wallsend, located in the North Tyneside area in the North East of England, where many companies are currently recruiting. Explore our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.
A recent census found that 206,000 people live in North Tyneside. Residents aged 40 to 59 years old make up the prevalent age group in the population. The region has a labour force of 102,600 people, or 80.4% of the total population. The unemployment rate (3%) is low compared to the rest of the UK. Across the United Kingdom, the annual gross income is close to £31,000 on average. In the area of North Tyneside, it averages £27,665.
Why choose to operate in the Food industry?
The Food industry currently offers 136 franchise opportunities. If this sector appeals to you, have a look at our options. Among the business opportunities in this sector, you will find three Wine franchises, 11 Sweets franchises, 14 Drinks franchises, five Tea franchises and three Natural Food franchises. There might be one worth considering among them. If you are thinking about starting a business in Hospitality and Food Services, North Tyneside could be a good place to do it. Indeed, 6,000 people have already made the decision to work in this field in the North Tyneside area.
Three franchise business examples worth looking at
If you're interested in the Food industry, take a look at Shakeaway. The brand is growing, with 40 locations currently in operation, and a desire to expand further. This business opportunity requires a substantial initial investment of £100,000. 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. Shakeaway requires a minimum personal investment of £40,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. An investment in this franchise entitles you to financial assistance, if eligible.
The Food sector has many brands worth considering. Take a look at Crêpeaffaire. By joining its network of 24 franchisees, you could contribute to this brand's success. Starting a Crêpeaffaire business requires a significant initial investment of £200,000. At least £130,000 should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. By investing in this franchise, you may qualify for financial support.
As a final Food franchise option, check out Wiltshire Farm Foods. By joining its 80 franchises already in operation, you could contribute to this brand's expansion. By investing in this established brand, you could be eligible for financial aid. Visit our website for details.
There are 136 franchises waiting to be discovered in the Food sector. Point Franchise offers a total of close to 250 franchising opportunities across many different sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.