Food and Beverage Franchise opportunities to start in Sunderland
What can Sunderland offer to new businesses?
Many brands are currently looking for franchisees in Sunderland, located in the North East of England. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Sunderland area. By exploring the sectors that appeal to you the most, you will find the brands that best suit your interests and career goals.
The Sunderland area has 277,000 residents. When broken down by age range, the majority of the population falls within the 40-59 category. The community has a 7.1% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's economically active population consists of 130,000 people or 74.5% of the total population. With an average gross annual income of £24,167, salaries in Sunderland are lower than the average income of just over £30,500 across the United Kingdom.
Why the Food and Beverage sector appeals to franchisees
The Food and Beverage sector currently offers 23 franchise opportunities. If this sector appeals to you, have a look at our options. The Food and Beverage sector is actually part of the Food industry which offers a wider selection. There are currently six Milkshake franchises, eight Ice Cream franchises, three Smoothie franchises, three Natural Food franchises and seven Vegan franchises recruiting at this time. Amongst these options, there is likely to be one to suit your career goals and aspirations. Hospitality and Food Services is a well-established industry, providing employment for 6,000 people in Sunderland alone.
Check out these three business examples
If you like the idea of starting a business in the Food and Beverage sector, Wafflemeister could be an option for you. By joining its network of 24 franchisees, you could play a part in this brand's success. A total of £150,000, a substantial initial investment, is required to start a Wafflemeister franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £100,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. By investing in this franchise, you may qualify for financial assistance.
Another option worth considering is Crêpeaffaire. The brand is expanding, with 24 outlets already in operation, and a desire to expand further. In order to open a Crêpeaffaire business, a significant initial investment of £200,000 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. Crêpeaffaire asks for a personal investment of at least £130,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. You could also benefit from financial aid, if eligible.
Finally, another opportunity worth considering is Baguette Express. First launched in 1999, the company now has 21 years of experience, making it a leader in the field. By joining its 38 franchises already in operation, you could contribute to this brand's expansion. Opening a Baguette Express franchise will require you to invest a minimum of £60,000. At least £30,000 of this should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Financial aid can be given in some circumstances. See our website for more information.
The Food and Beverage sector currently offers 23 investment options. At Point Franchise, we are proud to offer almost 250 franchise options across various sectors, helping you find the perfect business opportunities for you.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.