Restaurant Franchise opportunities to start in Cramlington
Cramlington is waiting for you to open a franchise business
If you'd like to run your own business but don't know where to start, a franchise might just be the answer. Cramlington, situated in the North East of England, could be a good place to start as there are many brands currently recruiting franchisees in the Northumberland area. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
There are an estimated 320,000 people in the Northumberland area. The 60+ age range has the highest concentration in the population. The community has a 6.1% unemployment rate, which is slightly higher than the national average of 4%. There are 141,300 economically active people in the region, representing 77.0% of the total population. With an average gross annual income of £26,168, salaries in Northumberland are slightly lower than the average income of close to £31,000 across the United Kingdom.
The Casual Dining sector could be the right choice for you
If you want to manage your own business in the Casual Dining sector, the good news is that there are 15 franchises currently recruiting new franchisees across the country. In fact, the Restaurant services sector as a whole offers a wide variety of franchises to invest in, including five Sandwich franchises, two Chicken franchises, four Halal franchises, two Bubble Tea franchises and 11 Fast Food franchises. Have a look at our available brands to find a potential match.
Three brands worth your attention
The Casual Dining sector has many franchise opportunities available, such as Las Iguanas. There are 55 outlets open so far, and the network is expanding. To start your own Las Iguanas franchise, you will need to invest £700,000, of which at least £350,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible.
Another interesting investment opportunity is Veeno. The brand is expanding, with eight locations already in operation, and a desire to expand further. You will need to invest £80,000 to begin operating your own Veeno business. Your personal investment should account for at least £35,000 of the total amount. 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. By investing in this established brand, you could be eligible for financial assistance.
Lastly, Shoryu Ramen is another interesting option. By joining its 13 franchises already in operation, you could contribute to this company's expansion. Starting a Shoryu Ramen business requires a substantial initial investment of £400,000. At least £200,000 should come from your own personal investment. It is thus less appropriate for new investors.
The Casual Dining sector currently offers 15 investment opportunities. If you're still torn between different sectors, no problem! Point Franchise offers 236 franchising opportunities across a variety of sectors. Enjoy exploring your options.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.