Restaurant, Coffee Shop & Pub Franchise opportunities to start in Durham
Durham: A great location to start a business
The County Durham area offers many interesting business opportunities. If you like the idea of opening your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Durham. Check out our different franchising opportunities to find the sectors and brands that most appeal to you.
Recent figures show that County Durham has a population of 527,000 people. When broken down by age range, the majority of the population sits within the 60+ category. The community has a 5.7% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's labour force consists of 244,900 people or 75.5% of the total population. Across the United Kingdom, the annual gross income is close to £31,000 on average. In the region of County Durham, it averages £27,594.
Have you considered the Restaurant sector?
The Restaurant industry currently offers 88 franchise opportunities. If this sector appeals to you, have a look at our options. Could your ideal business be among our 14 Takeaway franchises, nine Coffee, Cafe & Coffee Shop franchises, two Chicken franchises, four Pizza franchises and three Frozen Yogurt franchises? Have a look to find out.
Three examples of available franchise business options
If you're planning to invest in the Restaurant industry, take a look at Rooster Shack. By joining its current two franchisees, you would become a part of a growing brand network. This business opportunity requires a significant initial investment of £150,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Rooster Shack asks for a minimum personal investment of £75,000. 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. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Wolf is another interesting investment opportunity if you plan to invest in the Restaurant sector. The brand is expanding, with four locations already in operation, and a desire to expand further. To start your business, you will need an initial investment of £200,000. 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 Wolf, the minimum personal investment is £100,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Financial aid can be given in some circumstances.
Finally, Café Rouge could be another good option for you to invest in. By joining its 90 franchises already in operation, you could contribute to this company's expansion. To start your own Café Rouge franchise, you will need to invest £700,000, of which at least £350,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. 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. An investment in this franchise entitles you to financial assistance, if eligible. See our website for details.
Starting a business in the Restaurant sector has great potential. If you're interested, explore our 88 available opportunities. Whether you've already decided to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of close to 250 franchising opportunities to help you find the right fit.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.