Drinks Franchise opportunities to start in Crosby
What to know before starting a business in Crosby
Would you like to run your own business? Crosby, located in North West England, could be a good place to start. There are many brands currently recruiting franchisees in the Allerdale area. Franchising gives you the opportunity to manage your own business while benefitting from the 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.
Approximately 98,000 people currently live in Allerdale. The majority of residents are aged over 60 years old. The local labour force consists of 48,900 people, or 86.7% of the total population. With an unemployment rate of 3.4%, recent data shows that employment in this area is lower than in the rest of the UK. Across the UK, the annual gross income is £30,629 on average. In the region of Allerdale, it averages £28,935.
Why choose to open a franchise in the Coffee & Wine Bar sector?
If you would like to run a Coffee & Wine Bar franchise, you are likely to find one that interests you among 14 available across the UK. The Coffee & Wine Bar sector is just one example of a sector you could invest in. Could your ideal business be among our three Wine franchises, three Weight Loss franchises, seven Vegan franchises, five Tea franchises and three Donut franchises available in the Food industry? Have a browse to find out. In Allerdale, there are currently 4,500 people employed in the Hospitality and Food Services industry, so you would be joining an established business network.
Three franchises that could interest you
Auntie Anne's is an interesting franchise that has been operating in the Coffee & Wine Bar sector since 1988. Auntie Anne's has been operating for 32 years and has acquired many loyal customers as a result. A network of 2,000 franchisees promotes the brand's visibility. To open your own Auntie Anne's franchise, you will need to invest £145,000, of which at least £40,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable for first-time franchisees.
If the Coffee & Wine Bar sector appeals to you, Punch Pubs & Co is another option you could consider. It is now firmly rooted in the market, counting 1,300 franchise locations. You will need to invest £13,000 to begin running your own Punch Pubs & Co business, which is an affordable initial investment. Your personal investment should account for at least £8,000 of the total amount. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. You will also need to invest in a small premises to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Finally, another possibility to consider is Esquires Coffee. The company has been operating since 2000. The brand now has 20 years of experience, making it a leader in the field. The brand's network is significant, counting 103 outlets across the country. You will need to invest £225,000 to open your own Esquires Coffee business. At least £85,000 of this significant amount should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria. See our website for details.
If you would like to work in the Coffee & Wine Bar sector, the perfect investment opportunity could be waiting for you among our 14 available franchises in the sector. Point Franchise offers a total of close to 250 franchising options across a variety of 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.