Restaurant, Coffee Shop & Pub Franchise opportunities to start in Cramlington
Cramlington is an attractive town to invest in
The franchising options in Cramlington, 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 discover which brands you could work with in Northumberland. With your interests and career objectives in mind, have a look at our range of new business investment opportunities.
A recent census found that 320,000 people live in Northumberland. The most prevalent age group in the population is over 60 years old. The area has 141,300 economically active people, representing 77.0% of the population, with an unemployment rate of 6.1%. This rate is slightly higher than the country's 4% national average. Across the United Kingdom, the average gross salary is £30,629. In the Northumberland area, it amounts to £26,168.
Why open a business in the Restaurant sector?
Across the United Kingdom, there are 88 franchises in the Restaurant sector. You will find two Bubble Tea franchises, two Food Truck franchises, two Chicken franchises, five Sandwich franchises and five Noodle Bar franchises offering the opportunity to invest. Explore our available brands to find a potential match.
Three franchise business examples
If you would like to invest in the Restaurant industry, Rocket's could be a good option. This brand is expanding, counting 49 locations across the country. You will need to invest £200,000 to start your own Rocket's business. At least £170,000 of this substantial amount should come from your own personal investment. 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 afford the startup costs on your own, you may qualify for financial assistance.
You could also consider Bubbleology, which has been running since 2015. There are 69 outlets open so far, and the network is expanding quickly. Starting a Bubbleology business requires a substantial initial investment of £120,000. At least £36,000 should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Lastly, check out Crepe Delicious, another attractive Restaurant franchise. By joining its network of 25 franchisees, you could play a part in this brand's success. To start your business, you will need an initial investment of £80,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Crepe Delicious, the minimum personal investment is £50,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. Eligible candidates may apply for financial aid. Visit our website for more information.
If you are interested in the Restaurant sector and would like to know more about its available franchising opportunities, look into the 88 companies currently recruiting franchisees in the sector. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across many different sectors. Enjoy exploring your options.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.