Food Franchise Opportunities Jarrow
Jarrow and its prospects for new Businesses
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our selection of brands in Jarrow, located in the South Tyneside area in the North East of England, where many businesses are currently recruiting. Why not have a browse through our range of new business investment options? There are opportunities to suit many needs and career goals.
South Tyneside has an estimated population of 150,000 people. Residents aged 40 to 59 years old make up the prevalent age group within 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. For the South Tyneside area, the average income is ?24,834, which is slightly lower than the national average salary of just over ?30,500.
The Food sector and its investment opportunities
If you would like to operate a Food franchise, you are likely to find one that appeals to you among 136 available across the UK. Take a look at our three Wine franchises, three Natural Food franchises, three Smoothie franchises, nine Healthy Food franchises and three Donut franchises. Could one of these brands help you reach your career goals and aspirations? If you're keen on the Hospitality and Food Services industry, you may want to consider how many people already work in the field. In South Tyneside, Hospitality and Food Services companies currently employ 3,000 people.
Three franchise business examples worth looking at
If you would like to invest in a Food business, you could consider CAVAVIN. By joining its network of 160 franchisees, you would become a part of a strong business community. Starting a CAVAVIN business requires a substantial initial investment of ?100,000. At least ?40,000 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. By investing in this established brand, you could be eligible for financial aid.
Shakeaway is another interesting option. By joining its current 40 franchisees, you would be joining a growing brand network. A significant initial investment of ?100,000 will enable you to open your own Shakeaway business. In most cases, your personal investment should represent 30 to 50% of the total amount. Shakeaway requires you to personally invest at least ?40,000. You could potentially get a loan to cover the remaining costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial assistance, if eligible. See our website for more information.
Lastly, another option worth considering is Baskin Robbins. First launched in 1945, Baskin Robbins now offers its expertise to a loyal customer base, built up over 75 years. The brand runs in 150 franchise locations which make up a well-established business community. Opening a Baskin Robbins business requires an initial investment of ?500,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.
There are currently 136 available franchise options in the Food industry. Have a look at these businesses to find out if there's a good fit for you. If you're interested in exploring business options in other sectors, we've got a total of 236 franchising opportunities to choose from on Point Franchise.