Takeaway Franchise opportunities to start in Tynemouth

Starting a new business in Tynemouth

Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our selection of brands in Tynemouth, located in the North Tyneside area in North East England, where many companies are currently recruiting. We offer a number of realistic new business investment possibilities, so that you can find one you like.

According to recent census data, 206,000 people live in North Tyneside. The most prevalent age group in the population is 40 to 59 years old. The labour force makes up 80.4% of the population, or approximately 102,600 people. The area has an unemployment rate of 3% which is lower than the UK average of 4%. The average annual income across the United Kingdom is close to £31,000. With a gross salary averaging £27,665, residents of North Tyneside have a slightly lower salary than the national average.

Why start a business in the Takeaway services sector?

If the idea of running a business in the Takeaway services sector appeals to you, check out the 14 brands currently recruiting franchisees in the field. The Restaurant industry offers a range of options in addition to those in the Takeaway services sector. These include five Noodle Bar franchises, 15 Restaurant franchises, three Pub & Bar franchises, two Food Truck franchises and 11 Fast Food franchises. Take a look at the brands available to find out which could be your perfect match. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the North Tyneside area, 6,000 people work for Hospitality and Food Services businesses.

Three franchise business examples worth looking at

Wolf is an interesting franchise operating in the Takeaway services sector. This brand is expanding, counting four outlets across the United Kingdom. A total of £200,000, a significant initial investment, is required to open a Wolf franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £100,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. You could also benefit from financial aid, if eligible.

Snappy Tomato Pizza is another interesting franchising opportunity if you plan to invest in the Takeaway services sector. There are 19 locations open so far, and the network is expanding. An affordable initial investment of £25,000 will enable you to open your own Snappy Tomato Pizza business. In most cases, your personal investment should represent 30 to 50% of the total amount. Snappy Tomato Pizza requires you to personally invest at least £5,000. You could potentially get a loan to cover the remaining costs. These low startup costs make it a good option to pursue for first-time franchisees. A large premises will also be required to operate this business.

Lastly, Bagel Corner is another interesting option. By joining its current 30 franchisees, you would become a part of a growing brand network. A small premises will be required to operate this business.

The Takeaway services sector has many successful franchise businesses. We currently have 14 options available in this sector. On Point Franchise, there is plenty of choice in other sectors too. We have almost 250 franchising opportunities in total to choose from.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.