Food Franchise opportunities to start in Sunderland
What can Sunderland offer to new businesses?
Many brands are currently recruiting franchisees in Sunderland, located in North East England. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing assistance. Keep reading to explore the options in the Sunderland area. To begin, look for the line of work that interests you the most. This is a quick way to find the franchise best suited to you.
Recent figures show that Sunderland has a population of 277,000 residents. When broken down by age range, 40-59 year olds represent the largest portion of the population. Unemployment in the area (7.1%) is high compared to the UK as a whole (4%). The labour force represents 74.5% of the local population, or 130,000 people. The area's average gross annual income of £24,167 is lower than the average income of just over £30,500 across the UK.
Why the Food industry might be a good option for you
There are 136 UK-based franchises available in the Food sector. In fact, you can pick from 14 Drinks franchises, three Natural Food franchises, six Milkshake franchises, 23 Food and Beverage franchises and three Catering franchises today. In Sunderland, the Hospitality and Food Services industry already provides work for nearly 6,000 people, potentially making this path an ideal one for you, too!
Check out these three business examples
If you are interested in running a business in the Food sector, read about Wiltshire Farm Foods. By joining its network of 80 franchisees, you could play a part in this brand's success. By investing in this franchise, you may qualify for financial support.
CAVAVIN is another interesting franchising opportunity if you plan to invest in the Food industry. The brand's network is made up of 160 franchisees, which enhance its exposure. To start your own CAVAVIN franchise, you will need to invest £100,000, of which at least £40,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. You could also benefit from financial aid, if eligible.
Finally, another interesting investment opportunity is Snack Aid, which launched in 2013. You will need an initial investment of £4,259 to open your own Snack Aid business. Your personal investment should account for at least £2,555 of the total amount. You may want to consider getting a loan to start a business in this sector. These low startup costs make this a good franchising option for first-time franchisees. You may be eligible for financial aid. See our website for details.
If you would like to work in the Food sector, the perfect business opportunity could be waiting for you among our 136 available franchises in the sector. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across many different sectors. Enjoy exploring your options.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.