Food Franchise opportunities to start in Billingham
Starting a new business in Billingham
Billingham, located in North East England, offers a number of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising options here. You might just find the right brand for starting your own business in the Stockton-on-Tees area. Have a look at our various franchising options to find the sectors and brands that most appeal to you.
There are 197,000 people in the Stockton-on-Tees region. Residents aged 40 to 59 years old make up the majority of the population. The local unemployment rate of 6% among 91,500 economically active people, or 75.9% of the population, is slightly higher than the average in the United Kingdom. The local income averages £26,850 per year, which is slightly lower than the £30,629 average income in the United Kingdom as a whole.
Why choose to open a business in the Food sector?
There are 136 brands currently recruiting franchisees in the Food industry. If this sector appeals to you, check them out. Available franchises include seven Vegan franchises, 11 Sweets franchises, 15 Dessert franchises, three Wine franchises and eight Ice Cream franchises. The right business to suit your career goals and aspirations might just be among them. Opening a business is not a simple feat, but becoming a franchisee makes running your own business much more feasible. The Stockton-on-Tees area offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 4,500 people. So, what is stopping you from opening your own business in Stockton-on-Tees today?
Check out three available franchise opportunities
If you're planning to invest in the Food industry, take a look at LighterLife, a brand that launched in 1992. The brand now has 28 years of experience, making it a leader in the sector. By joining its network of 50 franchisees, you could contribute to this brand's success. Initially, you would need to invest £1,000 to get your own LighterLife business up and running. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
Snack Aid, open since 2013, is another interesting option. In order to start a Snack Aid business, a reasonable initial investment of £4,259 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. Snack Aid asks for a personal investment of at least £2,555. These low startup costs make it a good option to pursue for first-time franchisees. An investment in this franchise entitles you to financial assistance, if eligible.
Finally, Crêpeaffaire is another interesting brand operating in the Food industry. Starting a Crêpeaffaire business requires a substantial initial investment of £200,000. If you plan on getting a loan to cover the startup costs, Crêpeaffaire asks for a personal investment of at least £130,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. You may be eligible for financial aid. Visit our website for more information.
If you want to work in the Food industry, the perfect business opportunity could be waiting for you among our 136 available franchises in the sector. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a range of sectors. Have a look to see which other sectors you might want to invest in.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.