Restaurant, Coffee Shop & Pub Franchise opportunities to start in Jarrow
Investing in Jarrow could be your next move
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our selection of brands in Jarrow, located in the South Tyneside area in North East England, where many companies are currently recruiting. Starting a business should be exciting! Check out our range of franchising opportunities, starting with the sectors that you feel most passionate about.
A recent census found that 150,000 people live in South Tyneside. Residents aged 40 to 59 years old have the highest concentration in the population. The economically active population in South Tyneside amounts to 67,300 people, with an unemployment rate of 8.2%. This rate is slightly higher than the national average. The area's average gross annual income of £24,834 is slightly lower than the average income of close to £31,000 across the United Kingdom.
The Restaurant industry could be the right choice for you
Across the UK, there are 88 franchises operating in the Restaurant sector. You will find 14 Takeaway franchises, three Juice Bar franchises, 11 Fast Food franchises, three Frozen Yogurt franchises and five Sandwich franchises offering the opportunity to invest. Explore our available brands to find a potential match. Interesting fact: companies in Hospitality and Food Services employ 3,000 people in the South Tyneside area. This could be your opportunity to start a successful business of your own!
Check out three available franchise options
If the Restaurant industry is your area of interest, Wolf is worth looking at. By joining its network of four franchisees, you could play a part in this brand's success. Opening a Wolf business requires a significant initial investment of £200,000. At least £100,000 should come from your own personal investment. Given these higher startup costs, this is 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. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Bella Italia could be another good option for you to invest in. By joining its 100 franchises already in operation, you could contribute to this brand's expansion. To start your business, you will need an initial investment of £700,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Bella Italia, the minimum personal investment is £350,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. You may qualify for financial assistance. See our website for details.
Lastly, Bubbleology is another successful business that has been operating in the Restaurant industry since 2015. This brand is developing quickly, counting 69 outlets across the UK. You will need an initial investment of £120,000 to open your own Bubbleology business. Your personal investment should account for at least £36,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
If you would like to know more about franchise opportunities in the Restaurant sector, have a look through our 88 available options. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.