Food and Beverage Franchise opportunities to start in Newcastle upon Tyne
Investing in a franchise in Newcastle upon Tyne
Newcastle upon Tyne, located in the North East of England, offers a number of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Newcastle upon Tyne area. We offer a variety of realistic new business investment options, so that you can find one you like.
Recent figures show that 300,000 people live in Newcastle upon Tyne. The most prevalent age range in the population is 20 to 39 years old. Unemployment in the area (5.2%) is high compared to the UK as a whole (4%). The labour force represents 70.9% of the local population, or 141,500 people. In the United Kingdom, the average gross salary is just over £30,500; in the Newcastle upon Tyne area, it is £29,204.
Running a franchise in the Food and Beverage sector
If you wish to run a business in the Food and Beverage sector, take a look at our 23 brands currently recruiting franchisees in the field. The Food sector offers a range of options in addition to those in the Food and Beverage sector. These include five Juice franchises, three Wine franchises, three Catering franchises, nine Healthy Food franchises and 14 Drinks franchises. Check out the brands available to see which could be your perfect match.
Three franchise business examples worth looking at
Crêpeaffaire operates in the Food and Beverage sector. By joining its 24 franchises already in operation, you could contribute to this company's expansion. This business requires a significant initial investment of £200,000. 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 Crêpeaffaire business is £130,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
If the Food and Beverage sector appeals to you, Wiltshire Farm Foods is another option you could have a look at. The brand is expanding, with 80 outlets currently in operation, and a desire to expand further. Eligible candidates may apply for financial assistance.
Finally, another option to consider is Baguette Express, a brand that has been operating since 1999. The company is now mature and a leader within the sector, having grown its franchise community for 21 years. By joining its network of 38 franchisees, you could contribute to this brand's success. You will need to invest £60,000 to begin operating your own Baguette Express business. Your personal investment should account for at least £30,000 of the total amount. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. When investing in this franchise, you could be eligible for financial aid. Visit our website for details.
There are currently 23 available investment opportunities in the Food and Beverage sector. Check out these businesses to find out if there's a good fit for you. If you are still not sure which sector best suits your needs, have a look through our selection of almost 250 franchising opportunities across a variety of sectors on Point Franchise.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.