Food Franchise opportunities to start in Whitley Bay
Whitley Bay is an attractive town to invest in
Discover the business options waiting for you in Whitley Bay, situated in North East England. On this page you'll find a range of brands that could make you a franchisee in the North Tyneside area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. Why not have a browse through our selection of franchising options? There are opportunities to suit many needs and business objectives.
Recent figures show that 206,000 people live in North Tyneside. The most prevalent age group in the population is 40 to 59 years old. The local unemployment rate of 3% is low compared to the UK average of 4%. The local labour force consists of 102,600 people, representing 80.4% of the population. The average annual income across the United Kingdom is close to £31,000. With a gross salary averaging £27,665, residents of North Tyneside have a slightly lower salary than the national average.
Why the Food sector appeals to franchisees
Across the UK, you will find 136 franchises operating in the Food sector. There are a lot of interesting new business investment options, including seven Vegan franchises, three Weight Loss franchises, three Catering franchises, six Milkshake franchises and eight Ice Cream franchises. Have a look at the available brands to see if your perfect match is among them. If you would like to operate a business in the Hospitality and Food Services industry, it could be useful to know that companies in the field currently employ 6,000 people in the North Tyneside area.
Check out three available franchise opportunities
There are many interesting franchising possibilities in the Food industry. Take Heavenly Desserts for example. There are 21 locations open so far, and the network is expanding. Starting a Heavenly Desserts franchise will require you to invest a minimum of £190,000. At least £110,000 of this should come from your own personal investment. 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 qualify for financial aid.
Another interesting investment opportunity is Wiltshire Farm Foods. This brand is developing, counting 80 outlets across the UK. Financial assistance is available for eligible franchisees. See our website for more information.
Finally, another option to consider is LighterLife, a brand that first 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. Opening a LighterLife business requires an initial investment of £1,000. 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.
The Food industry offers many interesting investment opportunities, including our 136 franchise options. Point Franchise currently has a total of 236 brands recruiting franchisees across a variety of sectors. Have a look to see which other sectors you might want to invest in.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.