Food Franchise opportunities to start in Tynemouth
Is Tynemouth a good place to become a franchisee?
You could start your own business by becoming a franchisee in Tynemouth. There are a number of opportunities to choose from in North Tyneside, located in North East England. Take a look at our range of brands and start managing your own business with a team behind you. If you already know which line of work you'd like to pursue, check out our franchise options in that sector. If not, have a look and see what other options catch your eye. We have businesses to suit many different interests and career goals.
A recent census found that 206,000 people live in North Tyneside. The majority of the population sits within the 40-59 age range. The 3% unemployment rate among 102,600 economically active people in the community is lower than the national average. The average annual salary across the UK is £30,629. With a gross income averaging £27,665, residents of North Tyneside have a slightly lower salary than the national average.
Running a Food franchise business
If you're considering becoming a franchisee in the Food sector, have a look at our 136 franchise options currently available in the sector. There are 14 Drinks franchises, 15 Dessert franchises, 23 Food and Beverage franchises, five Juice franchises and four Waffle franchises offering the opportunity to invest. Explore our available brands to find a potential match. 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 industry currently employ 6,000 people in the North Tyneside area.
Here are three examples of franchise businesses
The Food industry offers a variety of brands to choose from, including Heavenly Desserts. By joining its 21 franchises already in operation, you could contribute to this company's expansion. Starting a Heavenly Desserts business requires a significant initial investment of £190,000. At least £110,000 should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. An investment in this franchise entitles you to financial assistance, if eligible. Visit our website for more information.
Baskin Robbins is an interesting investment opportunity in the Food sector. First opened in 1945, Baskin Robbins now has 75 years of experience in the field, making it a strong leader. The brand has a well-established network and good exposure, running in 150 franchise outlets. Initially, you would need to invest £500,000 to get your own Baskin Robbins business up and running. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Lastly, take a look at Bagel Corner, another attractive Food franchise. There are 30 locations open so far, and the network is expanding. You will need to invest in a small premises to operate this business.
There are 136 franchises waiting to be discovered in the Food industry. At Point Franchise, we have close to 250 franchising opportunities available, giving you plenty to choose from in other sectors too.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.