Food Franchise opportunities to start in South Shields
What to know before starting a franchise in South Shields
You could open your own business by becoming a franchisee in South Shields. South Tyneside, located in North East England, offers a variety of new business investment options. On this page, you'll find a range of companies looking for franchisees. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and career objectives.
The population of South Tyneside is 150,000. The 40-59 age group has the highest concentration in the population. Unemployment in the area (8.2%) is high compared to the UK as a whole (4%). The labour force represents 74.4% of the local population, or 67,300 people. Across the UK, the annual gross salary is £30,629 on average. In the region of South Tyneside, it averages £24,834.
Why the Food industry might be a good option for you
There are 136 franchises in the Food sector to choose from. You can choose an investment opportunity from nine Healthy Food franchises, three Wine franchises, four Waffle franchises, three Natural Food franchises and five Juice franchises. Let our selection of brands be your guide to starting your next exciting business opportunity. Moreover, the number of people currently employed in a specific industry gives an idea of how dynamic it is. In the South Tyneside area, 3,000 people work for Hospitality and Food Services businesses.
Three examples of available franchise business possibilities
If you would like to invest in a Food business, you could consider Heavenly Desserts. By joining its current 21 franchisees, you would become a part of a growing brand network. This business requires a substantial initial investment of £190,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Heavenly Desserts business is £110,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Eligible candidates may apply for financial assistance.
Another option to consider is Snack Aid, a brand that has been in business since 2013. To start your own Snack Aid franchise, you will need to invest £4,259, of which at least £2,555 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. These low startup costs make it a good option to pursue for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
As a final example, have a look at Baguette Express. Initially established in 1999, Baguette Express now has over 21 years of experience under its belt. This brand is growing, counting 38 outlets across the United Kingdom. You will need to invest £60,000 to open your own Baguette Express business. At least £30,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
The Food industry currently offers 136 investment opportunities. But you also have plenty of investment options in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.