Retail & Stores Franchise opportunities to start in Newcastle upon Tyne

Newcastle upon Tyne and its prospects for new Businesses

The franchising possibilities in Newcastle upon Tyne, located in North East 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 Newcastle upon Tyne. Explore our sectors and brands to find your best options among different franchising opportunities, keeping in mind your personal interests and business goals.

According to recent census data, 300,000 people live in Newcastle upon Tyne. When broken down by age range, the majority of the population falls within the 20-39 category. The economically active population in Newcastle upon Tyne amounts to 141,500 people, with an unemployment rate of 5.2%. This rate is slightly higher than the national average. The local income averages £29,204 per year, which is in line with the £30,629 average income in the UK as a whole.

What the Retail industry could offer you

Are you interested in the Retail industry? If so, there are 61 available franchises to choose from in the UK. With two Cosmetic franchises, four Tool franchises, four Sweet Shop franchises, three Toy Store franchises and two Music Shop franchises, this sector has great potential for exciting business ventures. See if there's a brand to suit your goals and interests.

Have a look at these three business examples

If working in the Retail industry appeals to you, take a look at Zip Yard. When investing in this franchise, you could be eligible for financial aid.

You could also consider Tubz Vending. The brand benefits from a strong network and good exposure, operating in 300 franchise outlets. You will need an initial investment of £3,295 to open your own Tubz Vending business. 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. You will also need to invest in a small premises to operate this business.

Finally, another option to consider is Ecigwizard. The company was first established in 2011. This brand is expanding quickly, counting 45 locations in the UK. To open your own Ecigwizard franchise, you will need to invest £60,000, of which at least £40,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If you make the decision to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria. Visit our website for details.

Many businesses are already operating in the Retail industry. We currently have 61 franchise opportunities available in the sector. If you're curious about franchising options in other sectors, Point Franchise offers 236 brands to pick from.

This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.