Travel & Leisure Franchise opportunities to start in Jarrow
What to know before opening a business in Jarrow
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Jarrow, situated in North East England, could be a good place to start as there are many brands currently recruiting franchisees in the South Tyneside area. With your interests and business objectives in mind, have a look at our range of franchising options.
There are 150,000 people living in the South Tyneside area. The most represented age group is 40-59 years of age. The local unemployment rate of 8.2% is high compared to the national average of 4%. The local labour force consists of 67,300 people, representing 74.4% of the population. Residents in the area earn £24,834 per year on average. This income is slightly lower than the country's average gross salary, which reaches close to £31,000.
Have you considered the Travel & Leisure industry?
Here are three examples of franchise businesses
If you plan to invest in the Travel & Leisure industry, DIGI-SPORTS ® NETWORK could be a good option. By joining its current 54 franchisees, you would become a part of a growing brand network. In order to start a DIGI-SPORTS ® NETWORK business, a reasonable initial investment of £16,200 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. DIGI-SPORTS ® NETWORK asks for a personal investment of at least £9,000. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. If eligible, you might be entitled to financial aid.
Take a look at Jo Jingles. In business since 1995, Jo Jingles has gained valuable experience in the field in its 25 years since first opening. The brand is developing, with 90 outlets currently in operation, and a desire to expand further.
Lastly, another interesting franchising opportunity is Red Herring Games. This brand is expanding, counting one location across the UK. Opening a Red Herring Games business requires an initial investment of £8,495. Given these low startup costs, this option could be suitable for first-time franchisees. By investing in this franchise, you may qualify for financial assistance. See our website for more information.
If you would like to work in the Travel & Leisure industry, the perfect investment opportunity could be waiting for you among our 19 available franchises in the sector. Don't forget that we offer new business investment selections across many different sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of almost 250 franchising possibilities.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.
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