Takeaway Franchise opportunities to start in South Shields
What to consider when starting a business in South Shields
South Shields, located in North East England, has many opportunities for people looking to open their own business. There are many brands currently recruiting franchisees in the South Tyneside area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. If you already know which line of work you'd like to pursue, check out 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 objectives.
Approximately 150,000 people currently live in South Tyneside. Residents aged 40 to 59 years old make up the majority of the population. Unemployment in the area (8.2%) is high compared to the United Kingdom as a whole (4%). The labour force represents 74.4% of the local population, or 67,300 people. The average gross income in the UK is £30,629. Residents of South Tyneside earn £24,834 a year on average.
Why choose to open a business in the Takeaway services sector?
If you wish to run a business in the Takeaway services sector, take a look at our 14 franchises currently recruiting franchisees in the sector. In fact, the Restaurant sector as a whole offers a wide range of franchises to invest in, including four Pizza franchises, 15 Restaurant franchises, four Halal franchises, five Noodle Bar franchises and three Juice Bar franchises. Explore our available brands to find a potential match. Many companies in South Tyneside already work in the Hospitality and Food Services industry, which employs 3,000 people. You would be joining a well-established business community.
Eager to find out more? Here are three franchise business examples
Caprinos Pizza is an interesting franchise operating in the Takeaway services sector. This brand is expanding, counting 16 outlets across the UK. 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. You may qualify for financial aid.
Another interesting franchising opportunity is Crepe Delicious. By joining its current 25 franchisees, you would become a part of a growing brand network. In order to open a Crepe Delicious business, an initial investment of £80,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Crepe Delicious asks for a personal investment of at least £50,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Lastly, if the Takeaway services sector appeals to you, Auntie Anne's is another option you could consider. Initially established in 1988, Auntie Anne's now offers its expertise to a loyal customer base, built up over 32 years. With a significant network of 2,000 locations, the brand knows how to support its franchisees. This business requires a substantial initial investment of £145,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open an Auntie Anne's business is £40,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria. See our website for details.
The Takeaway services sector offers 14 franchising opportunities. Whether you've already made the decision to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of close to 250 franchising opportunities to help you find the right fit.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.