Drinks Franchise opportunities to start in Cramlington
Cramlington: A great location to start a business
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Cramlington, situated in the North East of England, could be a good place to start as there are many brands currently recruiting franchisees in the Northumberland area. Starting a business should be exciting! Explore our range of franchising options, starting with the sectors that you feel most passionate about.
The population of Northumberland is 320,000. Residents aged over 60 years old have the highest concentration within the population. The local unemployment rate of 6.1% is high compared to the UK average of 4%. The local labour force consists of 141,300 people, making up 77.0% of the population. The average gross income in the UK is close to £31,000. Residents of Northumberland earn £26,168 a year on average.
Why the Coffee & Wine Bar sector appeals to franchisees
Across the UK, there are 14 franchises operating in the Coffee & Wine Bar sector. The Coffee & Wine Bar sector is a part of the Food sector. Other brands recruiting in this industry include five Chocolate franchises, 14 Drinks franchises, four Waffle franchises, five Juice franchises and seven Vegan franchises. Among these new business investment opportunities, there will likely be one that fits your career goals and aspirations.
Three examples of available franchise business possibilities
If you are interested in opening a business in the Coffee & Wine Bar sector, read about CAVAVIN. The brand benefits from a well-established network and good exposure, operating in 160 franchise outlets. A significant initial investment of £100,000 will enable you to start your own CAVAVIN business. In most cases, your personal investment should represent 30 to 50% of the total amount. CAVAVIN requires you to personally invest at least £40,000. You could potentially apply for a loan to cover the remaining 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. If you can't afford the startup costs on your own, you may qualify for financial aid.
The Coffee & Wine Bar sector has many brands worth considering. Take a look at Auntie Anne's. Initially established in 1988, Auntie Anne's has gained many loyal customers over the past 32 years. With a vast network of 2,000 locations, the brand knows how to support its franchisees. In order to open an Auntie Anne's business, a significant initial investment of £145,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Auntie Anne's requires a personal investment of at least £40,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Finally, Tubz Vending is an interesting franchising opportunity in the Drinks sector. The brand runs in 300 franchise locations which make up a strong business community. You will need an initial investment of £3,295 to start your own Tubz Vending business. Given these low startup costs, this option could be suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. If eligible, you might be able to benefit from financial assistance. Visit our website for details.
The Coffee & Wine Bar sector offers 14 franchising opportunities. You will find a total of close to 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
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