Restaurant Franchise opportunities to start in Redcar

Starting a franchise business in Redcar

If you're thinking about running your own business in Redcar, located in the North East of England, you should look at franchising options. Several brands are currently recruiting in the Redcar and Cleveland 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. Explore our various franchising opportunities to discover the sectors and brands that most appeal to you.

According to recent census data, there are 137,000 people in Redcar and Cleveland. The 60+ age range makes up the majority of the population. Unemployment affects 4% of the UK population. With a rate of 5.5%, unemployment in this area is slightly higher than the national average. The economically active population amounts to 57,500 people, representing 71.4% of the population. The average annual salary across the UK is just over £30,500. With a gross income averaging £23,062, residents of Redcar and Cleveland have a lower salary than the national average.

Why the Casual Dining sector appeals to franchisees

If you wish to open a business in the Casual Dining sector, have a look at our 15 franchises currently recruiting franchisees in the field. In addition to the business opportunities in the Casual Dining sector, the Restaurant industry offers two Food Truck franchises, four Halal franchises, three Pub & Bar franchises, two Bubble Tea franchises and nine Coffee, Cafe & Coffee Shop franchises. Take a look at the brands to find out if your perfect match is among them.

Three franchise business examples worth looking at

If you're interested in the Casual Dining sector, check out Café Rouge. By joining its network of 90 franchisees, you could contribute to this brand's success. This business opportunity requires a significant initial investment of £700,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Café Rouge asks for a minimum personal investment of £350,000. Given these higher startup costs, this is 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. By investing in this franchise, you may be eligible for financial support.

Another option worth considering is Bella Italia. The brand is developing, with 100 locations currently in operation, and a desire to expand further. You will need to invest £700,000 to start operating your own Bella Italia business, which is a significant initial investment. Your personal investment should account for at least £350,000 of the total amount. It is thus less appropriate for new investors. A large premises will also be required to operate this business. Financial assistance is available for eligible franchisees.

As a final example, have a look at Wolf. By joining its four franchises already in operation, you could contribute to this company's expansion. Starting a Wolf business requires a substantial initial investment of £200,000. If you plan on getting a loan to cover the startup costs, Wolf asks for a personal investment of at least £100,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. A large premises will also be required to operate this business. Also, if you can't cover the startup costs alone, you may be entitled to financial aid. See eligibility details on our website.

If working in the Casual Dining sector appeals to you, have a look at our 15 available franchising options in the sector. If you're interested in exploring investment options in other sectors, we've got a total of close to 250 franchising opportunities to choose from on Point Franchise.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.