Restaurant Franchise opportunities to start in South Shields
South Shields: A great location to start a business
Would you like to start a business in South Shields, located in the North East of England? Would you like to work for yourself but not on your own? If so, check out our franchising opportunities. On this page, you'll find various companies offering the training and support you need to run your own business in the South Tyneside area. If you already know which line of work you'd like to pursue, look into our franchise options in that sector. If not, look around and see what other options catch your eye. We have brands to suit all kinds of interests and career goals.
South Tyneside has an estimated population of 150,000 people. The population's most prevalent age group is made up of 40-59 year olds. The local unemployment rate of 8.2% is high compared to the national average of 4%. The local labour force consists of 67,300 people, making up 74.4% of the population. Across the UK, the average gross salary is £30,629. In the South Tyneside area, it amounts to £24,834.
Why the Casual Dining sector might be a good option for you
There are 15 franchises in the Casual Dining sector to choose from. The Casual Dining sector is just one sector among many in the Restaurant industry. Its four Pizza franchises, 14 Takeaway franchises, three Frozen Yogurt franchises, two Food Truck franchises and three Pub & Bar franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting investment opportunity. Hospitality and Food Services is a well-established industry, providing work for 3,000 people in South Tyneside alone.
Three franchises that might interest you
If you're interested in the Casual Dining sector, take a look at Veeno. This brand is growing, counting eight outlets across the country. To start your business, you will need an initial investment of £80,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Veeno, the minimum personal investment is £35,000. 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. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
If the Casual Dining sector appeals to you, Bella Italia is another option you could consider. By joining its 100 franchises already in operation, you could contribute to this company's expansion. Opening a Bella Italia business requires a substantial initial investment of £700,000. If you plan on getting a loan to cover the startup costs, Bella Italia asks for a personal investment of at least £350,000. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business.
As a final Casual Dining franchise option, have a look at Shoryu Ramen. By joining its network of 13 franchisees, you could contribute to this brand's success. Opening a Shoryu Ramen franchise will require you to invest a minimum of £400,000. At least £200,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. A small premises will also be required to operate this business. By investing in this franchise, you may be eligible for financial support. See our website for details.
If you are interested in the Casual Dining sector and would like to learn more about its available franchising options, explore the 15 businesses currently recruiting franchisees in the sector. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.