Restaurant, Coffee Shop & Pub Franchise opportunities to start in Darlington
Thinking about living and working in Darlington?
Many brands are currently looking for franchisees in Darlington, located in North East England. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Darlington area. There are a variety of new business investment options available based on your budget and career goals. Have a look to find the brand that appeals to you most.
A recent census found that 107,000 people live in Darlington. The most represented age group is 40-59 years of age. Approximately 50,500 people are economically active in the community, representing 79.4% of the population. The unemployment rate (6.5%) is high compared to the UK average (4%). For the Darlington area, the average salary is £27,867, which is slightly lower than the national average income of just over £30,500.
Running a Restaurant franchise business
In the United Kingdom, there are 88 franchises recruiting in the Restaurant industry. Among the business opportunities in this field, you will find two Food Truck franchises, three Pub & Bar franchises, two Chicken franchises, four Halal franchises and five Sandwich franchises. The perfect business to suit your career goals and aspirations might just be among them. Many companies in Darlington already operate in the Hospitality and Food Services industry, which employs 3,000 people. You would be joining a well-established business community.
Want to know more? Read about these three brands
If the Restaurant sector is your area of interest, NKD Pizza is worth looking at. By joining its current 25 franchisees, you would become a part of a growing brand network. A large premises will be required to operate this business. By investing in this franchise, you may be eligible for financial assistance.
Have a look at Thai Express, another interesting Restaurant franchise. The brand runs in 300 franchise locations which make up a well-established business network. Starting a Thai Express business requires a significant initial investment of £150,000. At least £50,000 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. Financial aid can be provided in some circumstances.
Finally, Wok&Go is another interesting investment opportunity if you plan to invest in the Restaurant sector. By joining its 26 franchises already in operation, you could contribute to this brand's expansion. To start your business, you will need an initial investment of £200,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Wok&Go, the minimum personal investment is £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. Visit our website for more information.
Many businesses are already operating in the Restaurant sector. We currently have 88 franchise opportunities available in the sector. If this sector doesn't suit your needs, don't worry. Point Franchise offers 236 franchise options across a range of sectors to help you find your perfect business opportunity.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.