Restaurant, Coffee Shop & Pub Franchise opportunities to start in Stockton-on-Tees
Stockton-on-Tees could be home to your new business
Stockton-on-Tees, located in North East England, has many opportunities for people looking to start their own business. There are several brands currently recruiting franchisees in the Stockton-on-Tees area. This could mean working for yourself while receiving the comprehensive support of an established brand. Explore our sectors and brands to find your best options among different franchising opportunities, keeping in mind your personal interests and career goals.
The Stockton-on-Tees area has 197,000 residents. When broken down by age group, the 40-59 age range is the most prevalent in the population. The labour force in Stockton-on-Tees amounts to 91,500 people, with an unemployment rate of 6%. This rate is slightly higher than the national average. The United Kingdom's annual average salary is just over £30,500. Salaries in Stockton-on-Tees are slightly lower in comparison, averaging £26,850 a year.
Why open a business in the Restaurant industry?
Across the UK, there are 88 franchises operating in the Restaurant industry. There are currently 14 Takeaway franchises, three Juice Bar franchises, four Pizza franchises, two Chicken franchises and five Noodle Bar franchises recruiting franchisees. 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!
Want to know more? Read about these three brands
Bella Italia is a competitive business operating in the Restaurant sector. In order to open a Bella Italia business, a significant initial investment of £700,000 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. Bella Italia requires a personal investment of at least £350,000. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Another possibility to consider is Subway®. The brand has been operating since 2001. Subway® now has over 19 years of experience under its belt. With a wide network of 2,500 outlets, the brand knows how to support its franchisees. Eligible candidates may apply for financial assistance.
The Restaurant industry has many brands worth considering. As a final example, take a look at Rocket's. This brand is developing, counting 49 locations across the country. A total of £200,000, a significant initial investment, is required to open a Rocket's franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £170,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for more information.
If you would like to learn more about franchise opportunities in the Restaurant industry, have a browse through our 88 available options. Don't forget that we offer new business investment selections across many different sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of 236 franchising possibilities.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.