Restaurant Franchise opportunities to start in Washington
Washington could be home to your new business
Discover the possibilities waiting for you in Washington, situated in North East England. On this page you'll find a selection of brands recruiting franchisees in the Sunderland area. Franchising is an opportunity to operate your own business, complete with training and marketing assistance. Browsing our range of brands and sectors will allow you to pinpoint the type of business that is right for you.
The population of Sunderland is made up of 277,000 people. When broken down by age group, 40-59 year olds represent the largest portion of the population. The region has an economically active population of 130,000 people, or 74.5% of the total population. The unemployment rate (7.1%) is high compared to the rest of the UK. Residents in the area earn £24,167 per year on average. This income is lower than the national average gross salary, which reaches close to £31,000.
Why Casual Dining businesses appeal to franchisees
If the idea of running a business in the Casual Dining sector appeals to you, check out the 15 brands currently recruiting franchisees in the field. Could a starting business in the Casual Dining sector, or in the Restaurant industry more widely, help you reach your career goals and aspirations? Have a look at the four Halal franchises, four Pizza franchises, 14 Takeaway franchises, two Food Truck franchises and 15 Restaurant franchises recruiting at this time. Opening a business is not a simple feat, but becoming a franchisee makes managing your own business much more feasible. The Sunderland area offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 6,000 people. So, what is stopping you from opening your own business in Sunderland today?
Three franchise business examples worth looking at
Veeno is an interesting franchise operating in the Casual Dining sector. The brand is developing, with eight locations already in operation, and a desire to expand further. Opening a Veeno business requires an initial investment of £80,000. At least £35,000 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. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you may qualify for financial aid.
Another option to consider is Café Rouge. By joining its network of 90 franchisees, you could contribute to this brand's success. You will need to invest £700,000 to open your own Café Rouge business. At least £350,000 of this substantial amount should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. An investment in this franchise entitles you to financial aid, if eligible.
Wolf is a third interesting franchising opportunity in the Casual Dining sector. By joining its current four franchisees, you would be joining a growing brand network. In order to start a Wolf business, a substantial 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. Wolf asks for a personal investment of at least £100,000. 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. By investing in this franchise, you may be eligible for financial support. Visit our website for details.
If you are interested in the Casual Dining sector and would like to know more about its available franchising options, look into the 15 companies currently recruiting franchisees in the sector. With almost 250 franchising opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.