Food and Beverage Franchise opportunities to start in Jarrow
Jarrow is an attractive town to invest in
If you're considering running your own business in Jarrow, located in the North East of England, you should look at franchising options. Several companies are currently recruiting in the South Tyneside area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. By exploring the sectors that appeal to you the most, you will find the franchises that best suit your interests and career goals.
Recent figures show that South Tyneside has a population of 150,000 people. The most prevalent age group in the population falls within the 40-59 age bracket. The labour force in South Tyneside amounts to 67,300 people, with an unemployment rate of 8.2%. This rate is slightly higher than the national average. Across the UK, the annual gross income is close to £31,000 on average. In the area of South Tyneside, it is £24,834.
Why start a business in the Food and Beverage sector?
In the United Kingdom, you will find 23 franchises recruiting in the Food and Beverage sector. In fact, the Food industry as a whole offers a wide range of franchises to invest in, including five Juice franchises, three Catering franchises, three Wine franchises, seven Vegan franchises and three Donut franchises. Check out our available brands to find a potential match. If you are thinking about opening a business in Hospitality and Food Services, South Tyneside could be a good place to do it. Indeed, 3,000 people have already made the decision to work in this industry in the South Tyneside area.
Three examples of available franchise business options
If you'd like to run your own Food and Beverage business, Wafflemeister might be a great option for you. By joining its network of 24 franchisees, you could play a part in this brand's success. In order to start a Wafflemeister business, a significant initial investment of £150,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Wafflemeister requires a personal investment of at least £100,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. When investing in this franchise, you could be eligible for financial aid.
You could also have a look at Crêpeaffaire. There are 24 locations open so far, and the network is expanding. A total of £200,000, a substantial initial investment, is required to open a Crêpeaffaire franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £130,000 of the total investment should come from your personal funds. The higher startup costs make this 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. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Finally, another option worth considering is Wiltshire Farm Foods. By joining its 80 franchises already in operation, you could contribute to this brand's expansion.
Many businesses are already operating in the Food and Beverage sector. We currently have 23 franchise opportunities available in the sector. Point Franchise currently has a total of almost 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.