Food and Beverage Franchise opportunities to start in South Shields
What to know before opening a franchise in South Shields
Would you like to run your own business? South Shields, located in the North East of England, could be a good place to start. There are many brands currently recruiting franchisees in the South Tyneside area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. There are a variety of new business investment opportunities available based on your budget and career goals. Have a browse to find the brand that appeals to you most.
South Tyneside has an estimated population of 150,000 residents. Residents aged 40 to 59 years old have the highest concentration in the population. In terms of employment, the area has an economically active population of 67,300 people (74.4%), of which the unemployment rate is 8.2%. This figure is slightly higher than the average unemployment rate across the UK. Residents in the area earn £24,834 per year on average. This income is slightly lower than the national average gross salary, which reaches £30,629.
The Food and Beverage sector could be the right choice for you
There are 23 brands offering franchise options in the Food and Beverage sector. The Food and Beverage sector is just one example of the options available in the Food industry. Other opportunities include six Milkshake franchises, eight Ice Cream franchises, three Smoothie franchises, 14 Drinks franchises and three Natural Food franchises. Have a look, the perfect investment opportunity for you could be a few clicks away. If you're interested in the Hospitality and Food Services industry, you may want to consider how many people already work in the industry. In South Tyneside, Hospitality and Food Services businesses currently employ 3,000 people.
Three franchises that might interest you
There are many interesting franchising possibilities in the Food and Beverage sector. Take The Incredible Ice Cream Company for example. This brand is expanding, counting 50 outlets across the UK. You will need an initial investment of £12,500 to start your own Incredible Ice Cream Company business. Given these low startup costs, this option could be suitable for first-time franchisees. A small premises will also be required to operate this business. Also, if you can't cover the startup costs alone, you may be able to benefit from financial assistance.
You could also consider Wiltshire Farm Foods. By joining its network of 80 franchisees, you could contribute to this brand's success. By investing in this franchise, you can receive training and support from an established brand. You may also qualify for financial support. An investment in this franchise entitles you to expert training and support as well as financial aid, if eligible.
Finally, Heavenly Desserts is another attractive brand operating in the Food and Beverage sector. Opening a Heavenly Desserts business requires a substantial initial investment of £190,000. If you intend to get a loan to cover the startup costs, Heavenly Desserts asks for a personal investment of at least £110,000. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. By investing in this established brand, you can benefit from access to expert training and support and could even be eligible for financial aid. See our website for more information.
Starting a business in the Food and Beverage sector has great potential. If you're interested, check out our 23 available opportunities. You will find a total of almost 250 franchise options on Point Franchise. So if you are still looking for the perfect business opportunity, there are still plenty of options for you to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.