Business Franchise opportunities to start in Stockton-on-Tees
What can Stockton-on-Tees offer to new businesses?
If you want to open your own business, you may find that Stockton-on-Tees has a lot to offer. Many brands are currently looking for franchisees in the Stockton-on-Tees area. Keep reading to see if running a franchise could be a good option for you! Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to starting your own business.
Stockton-on-Tees has an estimated population of 197,000 residents. When broken down by age group, 40-59 year olds represent the largest portion of the population. Approximately 91,500 people are economically active in the community, representing 75.9% of the population. The unemployment rate (6%) is high compared to the UK average (4%). Across the United Kingdom, the annual gross income is close to £31,000 on average. In the region of Stockton-on-Tees, it averages £26,850.
What the Professional Services sector could offer you
If you wish to run a business in the Professional Services sector, check out our 41 brands currently recruiting franchisees in the field. In fact, the B2B Services sector as a whole offers a wide variety of franchises to invest in, including five Graphic Design franchises, 27 B2B franchises, six Sign franchises, six Courier & Delivery franchises and two Consulting franchises. Have a look at our available brands to find a potential match.
Eager to know more? Here are three franchise business examples
If you're interested in the Professional Services sector, take a look at Bartercard UK. By joining its 75 franchises already in operation, you could contribute to this company's expansion. In order to open a Bartercard UK business, an affordable initial investment of £6,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Bartercard UK asks for a personal investment of at least £2,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
Business Partnership is an interesting franchising opportunity in the Professional Services sector. This brand is expanding, counting 19 locations across the United Kingdom. An affordable initial investment of £34,000 will enable you to start your own Business Partnership business. In most cases, your personal investment should represent 30 to 50% of the total amount. Business Partnership requires you to personally invest at least £20,000. You could potentially apply for a loan to cover the remaining costs. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Good to know: you won't need any premises as you can work from home. If eligible, you might be entitled to financial assistance.
As a final example, check out Driver Hire. First established in 1983, Driver Hire has acquired expertise and customer loyalty in its 37 years since opening. There are 100 outlets open so far, and the network is expanding. This business opportunity requires an initial investment of £40,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Driver Hire requires a minimum personal investment of £32,000. It is thus less appropriate for new investors. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for more information.
The Professional Services sector offers 41 franchising opportunities. If this sector doesn't suit your needs, don't worry. Point Franchise offers almost 250 franchise options across a range of sectors to help you find your perfect business opportunity.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.