Drinks Franchise opportunities to start in Horndean
Investing in a franchise in Horndean
Horndean, located in Scotland, has many opportunities for people looking to start their own business. There are several brands currently recruiting franchisees in the Scottish Borders area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career objectives.
There are 115,000 people living in the Scottish Borders region. The most prevalent age group in the population is over 60 years old. Approximately 53,300 people are economically active in the region, representing 78.8% of the population. The unemployment rate (3.2%) is below par compared to the national average (4%). The average annual salary across the United Kingdom is just over £30,500. With a gross income averaging £26,777, residents of Scottish Borders have a slightly lower salary than the national average.
Does the Coffee & Wine Bar sector appeal to you?
If you wish to open a business in the Coffee & Wine Bar sector, have a look at our 14 franchises currently recruiting franchisees in the sector. Bear in mind that the potential for exciting business plans in the Food industry is not limited to the Coffee & Wine Bar sector. Other available investment options include eight Ice Cream franchises, 15 Dessert franchises, seven Vegan franchises, three Catering franchises and three Natural Food franchises. See if there's one to suit your business goals. If you are considering joining the Hospitality and Food Services industry, you may be interested to know that 3,000 people have already made the decision to work in this field in the Scottish Borders area.
Three brands worth your attention
If the Coffee & Wine Bar sector is your area of interest, CAVAVIN is worth looking at. By joining its network of 160 franchisees, you would become a part of a well-established business community. In order to open a CAVAVIN business, a substantial initial investment of £100,000 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. CAVAVIN asks for a personal investment of at least £40,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. If you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Punch Pubs & Co is another interesting franchise option if you plan to invest in the Coffee & Wine Bar sector. It is now firmly rooted in the market, counting 1,300 franchise outlets. Opening a Punch Pubs & Co franchise will require you to invest a minimum of £13,000. At least £8,000 of this should come from your own personal investment. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. A small premises will also be required to operate this business. You may qualify for financial aid.
Lastly, Rooster Shack is an interesting franchising opportunity in the Coffee & Wine Bar sector. There are two locations open so far, and the network is expanding. To start your own Rooster Shack franchise, you will need to invest £150,000, of which at least £75,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business.
The Coffee & Wine Bar sector has many successful franchise businesses. We currently have 14 opportunities available in this sector. Point Franchise offers a total of 236 franchising opportunities across many different sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.