Takeaway Franchise opportunities to start in Whitley Bay
Whitley Bay: A great location to start a business
You could start your own business by becoming a franchisee in Whitley Bay. There are a number of franchise options to choose from in North Tyneside, located in the North East of England. Check out our range of brands and start running your own business with a team behind you. Explore our sectors and brands to find your best options among various franchising opportunities, keeping in mind your personal interests and business goals.
North Tyneside has a population of approximately 206,000 people. When broken down by age group, 40-59 year olds represent the largest portion of the population. The local unemployment rate of 3% among 102,600 economically active people, or 80.4% of the population, is lower than the average in the United Kingdom. North Tyneside has an average annual salary of £27,665, which is slightly lower than the national average income of £30,629.
Could the Takeaway services sector be the right choice for you?
If the idea of running a business in the Takeaway services sector appeals to you, take a look at the 14 brands currently recruiting franchisees in the field. The Takeaway services sector is a part of the Restaurant industry. Other brands recruiting in this industry include five Sandwich franchises, four Halal franchises, 15 Restaurant franchises, two Bubble Tea franchises and five Noodle Bar franchises. Among these new business investment opportunities, there will likely be one that fits your career goals and aspirations. If you would like to operate a business in the Hospitality and Food Services industry, it could be useful to know that companies in the industry currently employ 6,000 people in the North Tyneside area.
Three examples of available franchise business options
If you're interested in the Takeaway services sector, have a look at Auntie Anne's. The brand has developed over time and now operates in 2,000 different locations. It has been running since 1988. Auntie Anne's, now a leader in the sector, has gained 32 years of experience since first opening. A total of £145,000, a substantial initial investment, is required to start an Auntie Anne's franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £40,000 of the total investment should come from your personal funds. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If you can't cover the startup costs on your own, you may qualify for financial assistance.
You could also consider Crêpeaffaire. This brand is expanding, counting 24 locations in the UK. In order to open a Crêpeaffaire business, a significant 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. Crêpeaffaire asks for a personal investment of at least £130,000. 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. If eligible, you might be able to benefit from financial aid.
As a final example, take a look at Caprinos Pizza. By joining its current 16 franchisees, you would be joining a growing brand network. You will need to invest £65,000 to open your own Caprinos Pizza business. At least £50,000 of this 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 be eligible for financial aid. See our website for details.
There are 14 franchises waiting to be discovered in the Takeaway services sector. If you are still not sure which sector best suits your needs, have a look through our selection of close to 250 franchising opportunities across different sectors on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.