Page 2 - Restaurant Franchise Opportunities Newcastle-Upon-Tyne

Newcastle upon Tyne is an attractive town to invest in

Newcastle upon Tyne, located in the North East of England, has many opportunities for people looking to start their own business. There are many brands currently recruiting franchisees in the Newcastle upon Tyne area. This could mean working for yourself while receiving the comprehensive support of an established brand. 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.

According to recent census data, there are 300,000 people in Newcastle upon Tyne. When broken down by age range, 20-39 year olds represent the largest portion of the population. Approximately 141,500 people are economically active in the region, representing 70.9% of the population. The unemployment rate 5.2% is high compared to the national average 4%. In the UK, the average gross income is ?30,629; in the Newcastle upon Tyne area, it is ?29,204.

Franchising opportunities in the Casual Dining sector

There are 15 brands offering franchise options in the Casual Dining sector. In addition to the business opportunities in the Casual Dining sector, the Restaurant services sector offers 14 Takeaway franchises, four Pizza franchises, two Bubble Tea franchises, three Pub & Bar franchises and two Chicken franchises. Have a look at the brands to see if your perfect match is among them.

Three franchise business examples worth looking at

The Casual Dining sector offers a variety of brands to choose from, including Shoryu Ramen. The brand is developing, with 13 outlets currently in operation, and a desire to expand further. In order to open a Shoryu Ramen business, a substantial initial investment of ?400,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Shoryu Ramen asks for a personal investment of at least ?200,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. A small premises will also be required to operate this business. If you can't cover the startup costs on your own, you could find out if you qualify for financial assistance. This brand also provides its franchisees with full training and support.

Another brand worth considering is Las Iguanas. By joining its current 55 franchisees, you would become a part of a growing brand network. Starting a Las Iguanas business requires a substantial initial investment of ?700,000. If you plan on getting a loan to cover the startup costs, Las Iguanas asks for a personal investment of at least ?350,000. For most franchises, this amount represents 30 to 50% of the total investment. 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. If you are unsure about starting your own business, taking on an established franchise could be the solution. Las Iguanas provides full training and support, ensuring that its franchisees are well-equipped to succeed. Also, if you can't afford the startup costs on your own, you may qualify for financial support.

Finally, Caf? Rouge is an interesting investment opportunity in the Casual Dining sector. By joining its network of 90 franchisees, you could play a part in this brand's success. A substantial initial investment of ?700,000 will enable you to open your own Caf? Rouge business. In most cases, your personal investment should represent 30 to 50% of the total amount. Caf? Rouge requires you to personally invest at least ?350,000. 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. A large premises will also be required to operate this business. You will have all the guidance you need to manage your business thanks to the training and support provided by Caf? Rouge. And if you can't afford the startup costs on your own, you may qualify for financial aid. See our website for details.

If you would like to work in the Casual Dining sector, the perfect business opportunity could be waiting for you among our 15 available franchises in the sector. You will find a total of 238 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.