Van Based Franchise opportunities to start in Redcar
What to know before starting a franchise in Redcar
Located in North East England, Redcar is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising opportunities in Redcar and Cleveland and take the first step towards running your own business. Have a look at our different franchising options to discover the sectors and brands that most appeal to you.
Approximately 137,000 people currently live in Redcar and Cleveland. When broken down by age group, the 60+ age range is the most prevalent in the population. The 5.5% unemployment rate among the 57,500 economically active people in the area is slightly higher than the national average. Residents of Redcar and Cleveland have an annual average income of £23,062. In comparison, the average gross salary in the United Kingdom is just over £30,500.
The Van Based business sector could be the right choice for you
Across the UK, there are 41 franchises operating in the Van Based business sector. Among the business opportunities in this sector, you will find 13 Van franchises and two Coffee Van franchises amongst many others. There might be one worth considering among them.
Three examples of available franchise business possibilities
The Van Based business sector has many franchise options available, such as Really Awesome Coffee. By joining its network of 54 franchisees, you could play a part in this brand's success. To start your business, you will need an initial investment of £69,000. If you plan on getting 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 Really Awesome Coffee, the minimum personal investment is £9,300. Given these low startup costs, this option could be suitable for first-time franchisees. Eligible candidates may apply for financial aid.
Agency Express is an interesting investment opportunity in the Van Based business sector. First launched in 1998, the brand has acquired valuable experience and expertise over the past 22 years. The brand's network is important, counting 117 outlets in the United Kingdom. A total of £24,500, an affordable initial investment, is required to start an Agency Express franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £12,500 of the total investment should come from your personal funds. Given these low startup costs, this option could be suitable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Lastly, if the Van Based business sector appeals to you, ChipsAway is another option you could consider. This business opportunity requires an affordable initial investment of £29,995. 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. ChipsAway asks for a minimum personal investment of £15,000. 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.
The Van Based business sector has many successful franchise businesses. We currently have 41 options available in this sector. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.