Restaurant, Coffee Shop & Pub Franchise opportunities to start in Washington
Why should you invest in Washington?
You could open your own business by becoming a franchisee in Washington. Sunderland, located in North East England, offers a variety of new business investment opportunities. On this page, you'll find a selection of companies looking for franchisees. To start off with, look for the line of work that appeals to you the most. This is a quick way to find the brand best suited to you.
Recent figures show that Sunderland has a population of 277,000 residents. Residents aged 40 to 59 years old are the most represented within the population. The local unemployment rate of 7.1% is high compared to the UK average of 4%. The local labour force consists of 130,000 people, making up 74.5% of the population. In the United Kingdom, the average gross income is £30,629; in the Sunderland area, it is £24,167.
Have you considered the Restaurant sector?
Are you interested in running your own business in the Restaurant sector? Have a look at our 88 franchise options available in this sector. Have a look at our four Halal franchises, three Frozen Yogurt franchises, nine Coffee, Cafe & Coffee Shop franchises, two Burger franchises and two Food Truck franchises. Could one of these businesses help you reach your career goals and aspirations? Many companies in Sunderland already work in the Hospitality and Food Services industry, which employs 6,000 people. You would be joining a well-established business community.
Take a look at three franchise business examples
The Restaurant industry offers a range of brands to choose from, including Veeno. This brand is developing, counting eight locations in the United Kingdom. This business opportunity requires an initial investment of £80,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Veeno asks for a minimum personal investment of £35,000. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Check out Wolf. The brand is growing, with four outlets already in operation, and a desire to expand further. To start your business, you will need an initial investment of £200,000. 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 usually be required. For Wolf, the minimum personal investment is £100,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. Eligible candidates may apply for financial aid.
Lastly, Crepe Delicious is another interesting franchise option if you plan to invest in the Restaurant sector. By joining its network of 25 franchisees, you could play a part in this brand's success. An initial investment of £80,000 will enable you to open your own Crepe Delicious business. In most cases, your personal investment should represent 30 to 50% of the total amount. Crepe Delicious requires you to personally invest at least £50,000. You could potentially apply for a loan to cover the remaining costs. 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. If you can't afford the startup costs on your own, you may be eligible for financial assistance. See our website for details.
If you are interested in the Restaurant sector and would like to know more about its available franchising options, explore the 88 businesses currently recruiting franchisees in the sector. If you're still torn between different sectors, no problem! Point Franchise offers 236 franchising opportunities across many different sectors. Enjoy exploring your options.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.