Food Franchise opportunities to start in Stockton-on-Tees
Stockton-on-Tees is an attractive town to invest in
If you want to start your own business, you may find that Stockton-on-Tees has a lot to offer. Many brands are currently recruiting franchisees in the Stockton-on-Tees area. Keep reading to find out if running a franchise could be a good option for you! There are a variety of franchising opportunities available based on your budget and career objectives. Have a look to find the brand that appeals to you most.
A recent census found that 197,000 people live in Stockton-on-Tees. Residents aged 40 to 59 years old make up the prevalent age group in the population. Unemployment affects 4% of the UK population. With a rate of 6%, unemployment in this area is slightly higher than the national average. The labour force amounts to 91,500 people, making up 75.9% of the population. With an average gross annual income of £26,850, salaries in Stockton-on-Tees are slightly lower than the average salary of close to £31,000 across the UK.
Why choose to open a franchise in the Food sector?
The Food industry currently offers 136 franchise opportunities. If this sector appeals to you, check out our options. Available brands include eight Ice Cream franchises, six Milkshake franchises, five Chocolate franchises, 14 Drinks franchises and seven Vegan franchises. You are likely to find a business that fits your career goals and aspirations among our numerous investment options. Many companies in Stockton-on-Tees already work in the Hospitality and Food Services industry, which employs 4,500 people. You would become a part of a well-established business community.
Eager to know more? Here are three franchise business examples
If you're interested in the Food industry, take a look at Wafflemeister. The brand is growing, with 24 outlets already in operation, and a desire to expand further. You will need an initial investment of £150,000 to open your own Wafflemeister business. Your personal investment should account for at least £100,000 of the total amount. You may want to consider getting a loan to open a business in this sector. Due to the higher startup costs, this option is not advisable for first-time franchisees. A small premises will also be required to operate this business. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Baskin Robbins is a competitive franchise that has been operating in the Food industry since 1945. Baskin Robbins has grown a loyal following since opening 75 years ago. The brand's network is vast, counting 150 outlets in the UK. Opening a Baskin Robbins business requires an initial investment of £500,000. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Lastly, another interesting franchise option is Heavenly Desserts. The brand is expanding, with 21 locations already in operation, and a desire to expand further. A substantial initial investment of £190,000 will enable you to start your own Heavenly Desserts business. In most cases, your personal investment should represent 30 to 50% of the total amount. Heavenly Desserts requires you to personally invest at least £110,000. You could potentially get a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
If you would like to work in the Food sector, the perfect business opportunity could be waiting for you among our 136 available franchises in the sector. If you're still torn between different sectors, no problem! Point Franchise offers 236 franchising opportunities across many different sectors. Enjoy exploring your options.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.