Restaurant Franchise opportunities to start in Stockton-on-Tees
What to know before opening a business in Stockton-on-Tees
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Take a look at our range of brands in Stockton-on-Tees, located in the Stockton-on-Tees area in the North East of England, where many companies are currently recruiting. We offer franchise investment options in many different sectors. Why not look into the sector that appeals to you the most?
Stockton-on-Tees has a population of approximately 197,000 people. The majority of the population sits within the 40-59 age range. The region has an economically active population of 91,500 people, or 75.9% of the total population. The unemployment rate (6%) is high compared to the rest of the United Kingdom. Across the UK, the average gross salary is £30,629. In the Stockton-on-Tees area, it is £26,850.
The Casual Dining sector: An interesting opportunity for franchisees
Across the UK, there are currently 15 opportunities to run your own franchise in the Casual Dining sector. There are also three Pub & Bar franchises, five Noodle Bar franchises, two Burger franchises, 14 Takeaway franchises and three Frozen Yogurt franchises recruiting franchisees in the Restaurant industry, alongside the Casual Dining options. Have a look to see whether any fit your career goals and aspirations. Interesting fact: companies in Hospitality and Food Services employ 4,500 people in the Stockton-on-Tees area. This could be your opportunity to start a successful business of your own!
Three franchise business examples
If the Casual Dining sector is your area of interest, Wolf is worth considering. By joining its four franchises already in operation, you could contribute to this brand's expansion. In order to open a Wolf business, a significant initial investment of £200,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Wolf asks for a personal investment of at least £100,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. When investing in this franchise, you could qualify for financial aid.
Another option worth considering is Shoryu Ramen. The brand is expanding, with 13 outlets currently in operation, and a desire to expand further. A substantial initial investment of £400,000 will enable you to start your own Shoryu Ramen business. In most cases, your personal investment should represent 30 to 50% of the total amount. Shoryu Ramen requires you to personally invest at least £200,000. You could potentially apply for a loan to cover the remaining costs. Given these higher startup costs, this opportunity is less suitable 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.
Finally, Café Rouge is an interesting investment opportunity in the Casual Dining sector. By joining its network of 90 franchisees, you could contribute to this brand's success. You will need to invest £700,000 to start your own Café Rouge business. At least £350,000 of this significant amount should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. If eligible, you might be entitled to financial aid. See our website for more information.
Many businesses are already operating in the Casual Dining sector. We currently have 15 franchise opportunities available in the sector. Whether you've already decided to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of almost 250 franchising opportunities to help you find the perfect fit.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.