Drinks Franchise opportunities to start in Eccles
Why should you invest in Eccles?
If you want to open a business in Eccles, working for yourself but not on your own, then check out our franchising opportunities in Scotland. On this page, you will find a variety of brands to choose from for becoming a franchisee in the Scottish Borders area and across the United Kingdom. Check out our different franchising options to discover the sectors and brands that most appeal to you.
The Scottish Borders area has 115,000 residents. The majority of the population sits within the 60+ age category. The community has 53,300 economically active people, representing 78.8% of the population, with an unemployment rate of 3.2%. This rate is lower than the country's 4% national average. Residents in the area earn £26,777 per year on average. This income is slightly lower than the national average gross salary, which reaches just over £30,500.
Why the Food and Drinks sector might be a good option for you
The Food and Drinks sector currently offers 14 franchise opportunities. If this sector appeals to you, take a look at our options. You will find many business opportunities in the Food industry, including those in the Coffee & Wine Bar sector. Other possibilities include six Bakery franchises, 15 Dessert franchises, eight Ice Cream franchises, five Tea franchises and 11 Sweets franchises. There might be one worth considering among them. If you want to operate a business in the Hospitality and Food Services industry, it could be useful to know that companies in the industry currently employ 3,000 people in the Scottish Borders area.
Have a look at these three business examples
If you plan to invest in a drinks and food business, you could consider Rooster Shack. The brand is growing, with two outlets already in operation, and a desire to expand further. You will need to invest £150,000 to start running your own Rooster Shack business, which is a substantial initial investment. Your personal investment should account for at least £75,000 of the total amount. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. If you can't afford the startup costs on your own, you could see if you qualify for financial aid.
Cinnabon, open since 2004, is another interesting option. Franchisees benefit from this brand's wide network, which operates across 1,300 franchise locations. The brand has acquired valuable experience and expertise over the past 16 years.
Lastly, Punch Pubs & Co could be another good option for you to invest in. The brand has developed over time and now operates in 1,300 different locations. This business requires an affordable initial investment of £13,000. If you intend to get 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 Punch Pubs & Co business is £8,000. These low startup costs make it a good option to pursue for first-time franchisees. A small premises will also be required to operate this business. By investing in this established brand, you could be eligible for financial assistance. See our website for more information.
There are 14 franchises waiting to be discovered in the Coffee & Wine Bar sector. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.