Restaurant Franchise opportunities to start in Whitley Bay
Is Whitley Bay a good place to become a franchisee?
Have you ever considered opening a franchise in Whitley Bay? This could be your opportunity to run your own business while benefiting from comprehensive training and marketing support, since many businesses in the North Tyneside area are currently recruiting franchisees. By browsing the sectors that appeal to you the most, you will find the brands that best suit your interests and business objectives.
According to recent census data, there are 206,000 people living in North Tyneside. When broken down by age group, the 40-59 age range is the most prevalent in the population. Unemployment affects 4% of the UK population. With a rate of 3%, unemployment in this area is lower than the national average. The labour force amounts to 102,600 people, representing 80.4% of the population. The average annual salary across the United Kingdom is £30,629. With a gross income averaging £27,665, residents of North Tyneside have a slightly lower salary than the national average.
Why the Casual Dining sector might be a good option for you
In the United Kingdom, there are 15 franchises recruiting in the Casual Dining sector. Could an opening business in the Casual Dining sector, or in the Restaurant services sector more widely, help you reach your career goals and aspirations? Take a look at the three Pub & Bar franchises, three Juice Bar franchises, 14 Takeaway franchises, 15 Restaurant franchises and nine Coffee, Cafe & Coffee Shop franchises recruiting at this time. In North Tyneside, there are currently 6,000 people working in the Hospitality and Food Services industry, so you would be joining an established business network.
Eager to know more? Here are three franchise business examples
If you're interested in the Casual Dining sector, check out Bella Italia. By joining its 100 franchises already in operation, you could contribute to this company's expansion. To start your own Bella Italia 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. You will also need to invest in a large premises to operate this business. If eligible, you might be entitled to financial assistance.
Wolf is an interesting investment opportunity in the Casual Dining sector. By joining its network of four franchisees, you could play a part in this brand's success. You will need an initial investment of £200,000 to open your own Wolf business. Your personal investment should account for at least £100,000 of the total amount. You may want to think about getting a loan to start a business in this sector. It is thus less appropriate for new investors. A large premises will also be required to operate this business. By investing in this established brand, you could qualify for financial aid.
The Casual Dining sector has many brands worth considering. As a final example, have a look at Veeno. This brand is expanding, counting eight outlets in the UK. Starting a Veeno franchise will require you to invest a minimum of £80,000. At least £35,000 of this should come from your own personal investment. It is thus less appropriate for new investors. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible. See our website for details.
We offer a total of 15 businesses in the Casual Dining sector. If you're interested, see if the perfect franchising opportunity for you is among them. You will find a total of almost 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.