Restaurant Franchise opportunities to start in Sunderland
Starting a franchise business in Sunderland
Located in North East England, Sunderland is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising possibilities in Sunderland and take the first step towards managing your own business. With your interests and career goals in mind, have a look at our selection of franchising options.
Sunderland has a population of approximately 277,000 people. The majority of the population sits within the 40-59 age group. The area has 130,000 economically active people, representing 74.5% of the population, with an unemployment rate of 7.1%. This rate is slightly higher than the country's 4% national average. The average gross income in the United Kingdom is close to £31,000. Residents of Sunderland earn £24,167 a year on average.
Why choose to open a franchise in the Casual Dining sector?
Across the UK, you will find 15 franchises operating in the Casual Dining sector. The Casual Dining sector is just one example of a sector you could invest in. Could your ideal business be among our three Juice Bar franchises, nine Coffee, Cafe & Coffee Shop franchises, two Chicken franchises, four Pizza franchises and two Bubble Tea franchises available in the Restaurant industry? Have a browse to find out. In Sunderland, the Hospitality and Food Services industry already provides employment for nearly 6,000 people, potentially making this path an ideal one for you, too!
Three brands worth your attention
Veeno is a competitive franchise operating in the Casual Dining sector. The brand is growing, with eight locations already in operation, and a desire to expand further. You will need to invest £80,000 to begin running your own Veeno business. Your personal investment should account for at least £35,000 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. Financial aid can be given in some circumstances.
Café Rouge is another interesting franchise option if you plan to invest in the Casual Dining sector. This brand is developing, counting 90 outlets across the country. To open your own Café Rouge 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 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 choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Finally, you could also consider Las Iguanas. By joining its current 55 franchisees, you would become a part of a growing brand network. This business opportunity requires a significant initial investment of £700,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Las Iguanas requires a minimum personal investment of £350,000. 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. You could also benefit from financial aid, if eligible. Visit our website for details.
If you are thinking about opening a franchise business in the Casual Dining sector, you might be interested to explore our 15 available brands. Point Franchise currently has a total of almost 250 brands recruiting franchisees across a variety of sectors. Have a look to see which other sectors you might want to invest in.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.