Drinks Franchise opportunities to start in Jarrow
Opening a franchise business in Jarrow
The South Tyneside area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Jarrow. Starting a business should be exciting! Explore our selection of franchising opportunities, starting with the sectors that you feel most passionate about.
South Tyneside has an estimated population of 150,000 residents. Residents aged 40 to 59 years old make up the majority of the population. The local labour force includes 67,300 people, or 74.4% of the total population. With an unemployment rate of 8.2%, recent data shows that employment in this area is slightly higher than in the rest of the UK. With an average gross annual income of £24,834, salaries in South Tyneside are slightly lower than the average income of close to £31,000 across the United Kingdom.
Running a franchise in the Coffee & Wine Bar sector
If you're interested in becoming a franchisee in the Coffee & Wine Bar sector, take a look at our 14 franchise options currently available in the field. Bear in mind that the potential for exciting business ventures in the Food industry is not limited to the Coffee & Wine Bar sector. Other available investment opportunities include five Chocolate franchises, six Milkshake franchises, five Juice franchises, six Bakery franchises and 15 Dessert franchises. See if there's one to suit your career goals. In the South Tyneside area, the Hospitality and Food Services industry provides employment for 3,000 people.
Three franchise businesses worth reading about
There are many interesting franchising possibilities in the Coffee & Wine Bar sector. Take Coffee Blue for example. By joining its current 10 franchisees, you would become a part of a growing brand network. You will need to invest £41,945 to begin operating your own Coffee Blue business, which is a reasonable initial investment. Your personal investment should account for at least £8,000 of the total amount. These relatively low startup costs make it a good option to pursue for first-time franchisees. Financial assistance can be given in some circumstances.
Tubz Vending is an interesting franchise option in the Coffee & Wine Bar sector. The brand has a well-established network and good visibility, operating in 300 franchise outlets. Opening a Tubz Vending business requires an initial investment of £3,295. These relatively low startup costs make it a good option to pursue for first-time franchisees. A small premises will also be required to operate this business. You may qualify for financial aid.
Lastly, have a look at Rooster Shack, another competitive Coffee & Wine Bar franchise. This brand is growing, counting two locations across the country. A substantial initial investment of £150,000 will enable you to start your own Rooster Shack business. In most cases, your personal investment should represent 30 to 50% of the total amount. Rooster Shack requires you to personally invest at least £75,000. You could potentially apply for a loan to cover the remaining costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. Also, if you can't cover the startup costs alone, you may be able to benefit from financial aid. Visit our website for more information.
The Coffee & Wine Bar sector currently has 14 new business investment opportunities. You will find a total of almost 250 franchise opportunities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.