Takeaway Franchise opportunities to start in Newcastle upon Tyne
Investing in a franchise in Newcastle upon Tyne
The franchising opportunities in Newcastle upon Tyne, located in North East England, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to discover which brands you could work with in Newcastle upon Tyne. With your interests and career objectives in mind, have a look at our selection of franchising options.
According to recent census data, 300,000 people live in Newcastle upon Tyne. The population's most prevalent age group is made up of 20-39 year olds. Approximately 141,500 people are economically active in the region, representing 70.9% of the population. The unemployment rate (5.2%) is high compared to the national average (4%). Salaries in Newcastle upon Tyne average £29,204 a year, while in the United Kingdom the average salary is close to £31,000.
Does the Takeaway services sector appeal to you?
If you want to manage your own business in the Takeaway services sector, the good news is that there are 14 franchises currently recruiting new franchisees across the country. In fact, we have a wide range of options in the Restaurant industry including the franchises in the Takeaway services sector. You can pick from three Juice Bar franchises, 15 Restaurant franchises, three Pub & Bar franchises, nine Coffee, Cafe & Coffee Shop franchises and three Frozen Yogurt franchises today.
Have a look at these three business examples
If you are interested in running a business in the Takeaway services sector, read about Crepe Delicious. By joining its network of 25 franchisees, you could contribute to this brand's success. Opening a Crepe Delicious business requires an initial investment of £80,000. At least £50,000 should come from your own personal investment. 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. If eligible, you might be able to benefit from financial assistance.
NKD Pizza is an interesting investment opportunity in the Takeaway services sector. There are 25 outlets open so far, and the network is expanding.
Finally, you could also consider Shoryu Ramen. By joining its current 13 franchisees, you would become a part of a growing brand network. Starting a Shoryu Ramen business requires a significant initial investment of £400,000. If you plan on getting a loan to cover the startup costs, Shoryu Ramen asks for a personal investment of at least £200,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. You could also benefit from financial aid, if eligible. See our website for more information.
Many businesses are already operating in the Takeaway services sector. We currently have 14 franchise options available in the sector. If you're interested in exploring franchising options in other sectors, Point Franchise offers almost 250 brands to choose from.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.