Food and Beverage Franchise opportunities to start in Billingham
Billingham and its prospects for new Businesses
If you want to open your own business, you may find that Billingham has a lot to offer. Several companies are currently recruiting franchisees in the Stockton-on-Tees area. Read on to see if running a franchise could be a good option for you! We offer franchise investment options in a variety of sectors. Why not check out the sector that appeals to you the most?
Stockton-on-Tees has a population of approximately 197,000 people. Residents aged 40 to 59 years old make up the majority of the population. The labour force in Stockton-on-Tees amounts to 91,500 people, with an unemployment rate of 6%. This rate is slightly higher than the national average. Residents of Stockton-on-Tees have an annual average income of £26,850. In comparison, the average gross salary in the United Kingdom is close to £31,000.
Why Food and Beverage businesses appeal to franchisees
If the idea of running a business in the Food and Beverage sector appeals to you, take a look at the 23 brands currently recruiting franchisees in the field. Bear in mind that the Food industry offers many investment opportunities in addition to those in the Food and Beverage sector. Have a look through our three Smoothie franchise, 14 Drinks franchises, nine Healthy Food franchises, 11 Sweets franchises and three Weight Loss franchises to find out if any suit your career goals and aspirations. Opening a business is not a simple feat, but becoming a franchisee makes managing your own business much more feasible. The Stockton-on-Tees region 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 starting your own business in Stockton-on-Tees today?
Have a look at these three business examples
Crêpeaffaire is an interesting franchise operating in the Food and Beverage sector. The brand is developing, with 24 outlets already in operation, and a desire to expand further. You will need to invest £200,000 to open your own Crêpeaffaire business. At least £130,000 of this substantial amount should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you may qualify for financial aid.
Wiltshire Farm Foods is another interesting franchise option if you plan to invest in the Food and Beverage sector. By joining its current 80 franchisees, you would be joining a growing brand network. By investing in this franchise, you may be eligible for financial assistance.
Finally, Heavenly Desserts is an interesting investment opportunity in the Food and Beverage sector. By joining its network of 21 franchisees, you could play a part in this brand's success. A substantial initial investment of £190,000 will enable you to open 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. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You may be eligible for financial aid. See eligibility details on our website.
The Food and Beverage sector has many successful franchise businesses. We currently have 23 opportunities available in this sector. Whether you've already made the decision to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of 236 franchising opportunities to help you find the perfect fit.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.