Restaurant Franchise opportunities to start in Gateshead
Gateshead could be home to your new business
Are you thinking about opening a franchise? Gateshead, in the North East of England, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while running your own business. Take a look at the brands currently recruiting in Tyne and Wear Met County. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
According to recent census data, there are 1,136,000 people living in Tyne and Wear Met County. The majority of the population falls within the 20-39 age group. The area has a 5.7% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's labour force consists of 540,200 people or 75.0% of the total population.
Why the Casual Dining sector might be a good option for you
There are currently 15 opportunities to invest in the Casual Dining sector. If you would like to operate a business in this field, keep reading. The Casual Dining sector is actually part of the Restaurant industry which offers a wider selection. There are currently 15 Restaurant franchises, 11 Fast Food franchises, five Sandwich franchises, two Chicken franchises and two Bubble Tea franchises recruiting at this time. Amongst these options, there is likely to be one to suit your career goals and aspirations.
Here are three examples of franchise businesses
If you are interested in starting a business in the Casual Dining sector, Bella Italia could be an option for you. The brand is developing, with 100 locations currently in operation, and a desire to expand further. You will need to invest £700,000 to begin operating your own Bella Italia business, which is a substantial initial investment. Your personal investment should account for at least £350,000 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. You will also need to invest in a large premises to operate this business. By investing in this established brand, you could be eligible for financial aid.
If the Casual Dining sector appeals to you, Las Iguanas is another option you could have a look at. This brand is expanding, counting 55 outlets in the United Kingdom. A total of £700,000, a substantial initial investment, is required to start a Las Iguanas franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £350,000 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. A large premises will also be required to operate this business. You may qualify for financial assistance.
Finally, another brand worth considering is Veeno. By joining its current eight franchisees, you would be joining a growing brand network. This business opportunity requires an initial investment of £80,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Veeno asks for a minimum personal investment of £35,000. It is thus less appropriate for new investors. Financial aid can be provided in some circumstances. See eligibility details on our website.
There are currently 15 new business investment opportunities available in the Casual Dining sector. Point Franchise offers a total of close to 250 franchising opportunities across many different sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.