Restaurant Franchise opportunities to start in Billingham
Billingham is an attractive town to invest in
If you're considering running your own business in Billingham, located in the North East of England, you should explore franchising options. Several brands are currently recruiting in the Stockton-on-Tees area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. With your interests and career objectives in mind, have a look at our selection of franchising options.
The population of Stockton-on-Tees is 197,000. The majority of the population falls within the 40-59 age range. The community has a 6% unemployment rate, which is slightly higher than the national average of 4%. There are 91,500 economically active people in the region, representing 75.9% of the total population. Across the United Kingdom, the average gross salary is £30,629. In the Stockton-on-Tees area, it amounts to £26,850.
Why choose to open a franchise in the Casual Dining sector?
There are currently 15 opportunities to invest in the Casual Dining sector. If you would like to operate a business in this sector, keep reading. There are also 11 Fast Food franchises, 14 Takeaway franchises, three Pub & Bar franchises, four Pizza franchises and two Food Truck franchises recruiting franchisees in the Restaurant industry, alongside the Casual Dining options. Have a look to find out whether any fit your career goals and aspirations. If you would like to work in the Hospitality and Food Services industry, you may be interested to know that, in the Stockton-on-Tees area, 4,500 people currently work in the industry.
Three franchise businesses worth reading about
Las Iguanas operates in the Casual Dining sector. There are 55 outlets open so far, and the network is expanding. Opening a Las Iguanas business requires a substantial initial investment of £700,000. If you intend to get a loan to cover the startup costs, Las Iguanas asks for a personal investment of at least £350,000. 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. When investing in this franchise, you could qualify for financial assistance.
If the Casual Dining sector appeals to you, Bella Italia is another option you could have a look at. The brand is expanding, with 100 locations currently in operation, and a desire to expand further. You will need to invest £700,000 to start your own Bella Italia business. At least £350,000 of this substantial amount should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business.
Finally, Café Rouge is another interesting option. By joining its current 90 franchisees, you would become a part of a growing brand network. A significant initial investment of £700,000 will enable you to start your own Café Rouge business. In most cases, your personal investment should represent 30 to 50% of the total amount. Café Rouge requires you to personally invest at least £350,000. You could potentially get a loan to cover the remaining costs. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid. See our website for details.
The Casual Dining sector currently offers 15 franchising opportunities. At Point Franchise, we are proud to offer 236 franchise options across different sectors, helping you find the perfect business opportunities for you.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.