Drinks Franchise opportunities to start in Gateshead
What to consider when starting a business in Gateshead
Many brands are currently looking for franchisees in Gateshead, located in the North East of England. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Tyne and Wear Met County area. Explore our various franchising options to discover the sectors and brands that most appeal to you.
The population of Tyne and Wear Met County is made up of 1,136,000 residents. The most prevalent age group in the population falls in the 20-39 age bracket. The region has a labour force of 540,200 people, or 75.0% of the total population. The unemployment rate (5.7%) is high compared to the rest of the UK.
Running a Coffee & Wine Bar franchise business
Across the UK, there are 14 franchises in the Coffee & Wine Bar sector. This is just one of the sectors you could choose within the Food industry. There are also three Wine franchises, three Donut franchises, three Smoothie franchises, six Bakery franchises and four Waffle franchises. Have a look and find out if any are a good fit for you.
Here are three examples of franchise businesses
Caprinos Pizza is a competitive brand operating in the Coffee & Wine Bar sector. By joining its current 16 franchisees, you would become a part of a growing brand network. An initial investment of £65,000 will enable you to open your own Caprinos Pizza business. In most cases, your personal investment should represent 30 to 50% of the total amount. Caprinos Pizza requires you to personally invest at least £50,000. You could potentially get a loan to cover the remaining costs. The higher startup costs make this 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 will have all the guidance you need to operate your business thanks to the training and support provided by Caprinos Pizza. And if you can't afford the startup costs on your own, you may be eligible for financial assistance. See our website for more information.
Another option to consider is Dunkin' Donuts, a brand that was first established in 1970. Dunkin' Donuts now has 50 years of experience in the sector, making it a strong leader. Franchisees benefit from this company's wide network, which operates across 11,000 franchise locations. Starting a Dunkin' Donuts business requires a significant initial investment of £3,000,000. If you plan on getting a loan to cover the startup costs, Dunkin' Donuts asks for a personal investment of at least £1,200,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. You may feel more secure in opening a Dunkin' Donuts franchise knowing that franchisees are provided with full training, assistance and support.
The Coffee & Wine Bar sector has many brands worth considering. As a final example, have a look at Mooboo. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Mooboo can support you with comprehensive training and assistance to help your business reach its full potential.
If you are interested in the Coffee & Wine Bar sector and would like to know more about its available franchising opportunities, check out the 14 companies currently recruiting franchisees in the sector. With close to 250 new business investment opportunities to choose from across various sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.