Drinks Franchise opportunities to start in Whitley Bay

Thinking about living and working in Whitley Bay?

The franchising possibilities in Whitley Bay, located in the North East of England, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to find out which brands you could work with in North Tyneside. By browsing the sectors that appeal to you the most, you will find the brands that best suit your interests and career objectives.

The North Tyneside region has 206,000 residents. Residents aged 40 to 59 years old make up the majority of the population. The labour force constitutes 80.4% of the population, or approximately 102,600 people. The region has an unemployment rate of 3% which is lower than the national average of 4%. Residents in the area earn £27,665 per year on average. This income is slightly lower than the country's average gross salary, which reaches close to £31,000.

Running a franchise in the Coffee & Wine Bar sector

In the United Kingdom, there are 14 franchises recruiting in the Coffee & Wine Bar sector. The Coffee & Wine Bar sector is just one example of the options available in the Food sector. Other options include three Catering franchises, three Wine franchises, seven Vegan franchises, six Milkshake franchises and five Juice franchises. Have a browse, the perfect investment opportunity for you could be a few clicks away. If you're keen on the Hospitality and Food Services industry, you may want to consider how many people already work in the sector. In North Tyneside, Hospitality and Food Services companies currently employ 6,000 people.

Check out three available franchise opportunities

If you are interested in opening a business in the Coffee & Wine Bar sector, read about NKD Pizza. By joining its 25 franchises already in operation, you could contribute to this brand's expansion. You will need to invest in a large premises to operate this business.

Esquires Coffee is another interesting franchising opportunity if you plan to invest in the Coffee & Wine Bar sector. Launched in 2000, Esquires Coffee has acquired valuable experience in the field in its 20 years since first opening. The brand's network is made up of 103 franchisees, which increase its exposure. You will need to invest £225,000 to begin running your own Esquires Coffee business, which is a substantial initial investment. Your personal investment should account for at least £85,000 of the total amount. Due to the higher startup costs, this option is not advisable for first-time franchisees. If you can't cover the startup costs on your own, you may qualify for financial assistance.

Finally, another interesting franchise option is Tubz Vending. The brand runs in 300 franchise locations which make up a strong business community. Opening a Tubz Vending business requires an initial investment of £3,295. These 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. When investing in this franchise, you could be eligible for financial aid. See eligibility details on our website.

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. Point Franchise has close to 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.

Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.