Restaurant, Coffee Shop & Pub Franchise opportunities to start in Billingham
Billingham is an attractive town to invest in
Are you thinking about opening a franchise? Billingham, in the North East of England, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while running your own business. Check out the brands currently recruiting in Stockton-on-Tees. Have a look at our different franchising options to discover the sectors and brands that most appeal to you.
A recent census found that 197,000 people live in Stockton-on-Tees. The most prevalent age group in the population falls within the 40-59 age bracket. The local unemployment rate of 6% is high compared to the UK average of 4%. The local labour force consists of 91,500 people, making up 75.9% of the population. Salaries in Stockton-on-Tees average £26,850 a year, while in the UK the average income is just over £30,500.
Why Restaurant businesses appeal to franchisees
Are you interested in the Restaurant sector? You're likely to come across a franchise worth considering among 88 brands across the UK. Available franchises include two Chicken franchises, two Burger franchises, four Pizza franchises, two Bubble Tea franchises and five Noodle Bar franchises. The perfect business to suit your career goals and aspirations might just be among them. Opening a business is not a simple feat, but becoming a franchisee makes managing your own business much more feasible. The Stockton-on-Tees area offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 4,500 people. So, what is stopping you from starting your own business in Stockton-on-Tees today?
Want to know more? Read about these three brands
If you are interested in opening a franchise in the Restaurant industry, Caprinos Pizza could be an option for you. By joining its 16 franchises already in operation, you could contribute to this brand's expansion. This business requires an initial investment of £65,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Caprinos Pizza business is £50,000. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Wok to Walk is another successful business operating in the Restaurant sector. This brand is developing, counting 95 outlets across the country. A small premises will be required to operate this business. Also, if you can't afford the startup costs alone, you may be entitled to financial aid.
Finally, another opportunity worth considering is Auntie Anne's. First launched in 1988, the company has built strong customer loyalty over the past 32 years. With a vast network of 2,000 locations, the brand knows how to support its franchisees. A significant initial investment of £145,000 will enable you to start your own Auntie Anne's business. In most cases, your personal investment should represent 30 to 50% of the total amount. Auntie Anne's requires you to personally invest at least £40,000. 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 could also benefit from financial aid, if eligible. Visit our website for more information.
If you are considering running a franchise business in the Restaurant industry, you might be interested to browse our 88 available brands. If this sector doesn't suit your needs, don't worry. Point Franchise offers 236 franchise options across a variety of sectors to help you find your perfect investment opportunity.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.