Restaurant, Coffee Shop & Pub Franchise opportunities to start in Redcar
What to know before opening a franchise in Redcar
The Redcar and Cleveland area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Redcar. There are a variety of franchising options available based on your budget and career goals. Have a look to find the brand that appeals to you most.
Redcar and Cleveland has a population of approximately 137,000 people. The majority of the population sits within the 60+ age group. Approximately 57,500 people are economically active in the community, representing 71.4% of the population. The unemployment rate (5.5%) is high compared to the UK average (4%). Across the UK, the annual gross salary is close to £31,000 on average. In the region of Redcar and Cleveland, it is £23,062.
Business opportunities in the Restaurant industry
If you're considering becoming a franchisee in the Restaurant sector, check out our 88 franchise options currently available in the sector. There are nine Coffee, Cafe & Coffee Shop franchises, five Noodle Bar franchises, two Food Truck franchises, three Juice Bar franchises and four Halal franchises offering franchising opportunities. You'll find opportunities to suit all kinds of career objectives and aspirations.
Have a look at these three business examples
If you'd like to open your own Restaurant business, Punch Pubs & Co might be a great option for you. Franchisees benefit from this brand's wide network, which operates across 1,300 franchise locations. To start your business, you will need an initial investment of £13,000. 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 usually be required. For Punch Pubs & Co, the minimum personal investment is £8,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. You will also need to invest in a small premises to operate this business. Financial assistance is available for eligible franchisees.
Another interesting investment opportunity is Snappy Tomato Pizza. By joining its network of 19 franchisees, you could contribute to this brand's success. Starting a Snappy Tomato Pizza business requires a reasonable initial investment of £25,000. If you plan on getting a loan to cover the startup costs, Snappy Tomato Pizza asks for a personal investment of at least £5,000. For most franchises, this amount represents 30 to 50% of the total investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. A large premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Finally, another option worth considering is Caprinos Pizza. By joining its current 16 franchisees, you would become a part of a growing brand network. An initial investment of £65,000 will enable you to start your own Caprinos Pizza business. In most cases, your personal investment should represent 30 to 50% of the total amount. Caprinos Pizza requires you to personally invest at least £50,000. You could potentially get a loan to cover the remaining costs. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. By investing in this franchise, you may qualify for financial assistance. See our website for more information.
The Restaurant industry offers 88 franchising options. Plus, with almost 250 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the brand that best meets your needs.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.