Restaurant Franchise opportunities to start in Darlington
Darlington and its prospects for new Businesses
Darlington, located in North East England, has many opportunities for people looking to open their own business. There are several brands currently recruiting franchisees in the Darlington area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. Browsing our range of brands and sectors will allow you to pinpoint the type of business that is right for you.
A recent census found that 107,000 people live in Darlington. The 40-59 age group has the highest concentration in the population. The community has a 6.5% unemployment rate, which is slightly higher than the UK average of 4%. There are 50,500 economically active people in the area, representing 79.4% of the total population. Salaries in Darlington average £27,867 a year, while in the United Kingdom the average income is just over £30,500.
Does the Casual Dining sector appeal to you?
If you want to manage your own business in the Casual Dining sector, the good news is that there are 15 franchises currently recruiting new franchisees across the country. The Casual Dining sector is just one example of a sector you could invest in. Could your ideal business be among our two Food Truck franchises, nine Coffee, Cafe & Coffee Shop franchises, four Pizza franchises, 11 Fast Food franchises and three Pub & Bar franchises available in the Restaurant industry? Have a browse to find out. In Darlington, there are currently 3,000 people working in the Hospitality and Food Services industry, so you would be joining an established business network.
Three franchises that might interest you
If you're interested in the Casual Dining sector, take a look at Shoryu Ramen. By joining its 13 franchises already in operation, you could contribute to this company's expansion. To start your own Shoryu Ramen franchise, you will need to invest £400,000, of which at least £200,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. Financial assistance is available for eligible franchisees.
You could also consider Las Iguanas. There are 55 locations open so far, and the network is expanding. Starting a Las Iguanas business requires a significant initial investment of £700,000. At least £350,000 should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. If you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
Lastly, another option to consider is Veeno. This brand is growing, counting eight outlets across the country. Opening a Veeno business requires an initial investment of £80,000. If you intend to get a loan to cover the startup costs, Veeno asks for a personal investment of at least £35,000. For most franchises, this amount represents 30 to 50% of the total 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. By investing in this established brand, you could be eligible for financial aid. Visit our website for details.
If you are interested in the Casual Dining sector and would like to discover more franchising options, check out the 15 brands available in this sector. If you're still torn between different sectors, no problem! Point Franchise offers 236 franchising opportunities across a variety of sectors. Enjoy exploring your options.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.