Drinks Franchise opportunities to start in South Shields
Is South Shields a good place to become a franchisee?
Discover the opportunities waiting for you in South Shields, situated in North East England. On this page you'll find a selection of brands recruiting franchisees in the South Tyneside area. Franchising gives you the opportunity to manage your own business, complete with training and marketing support. If you already know which line of work you'd like to pursue, check out our franchise options in that sector. If not, have a browse and see what other options catch your eye. We have businesses to suit all kinds of interests and career objectives.
Approximately 150,000 people currently live in South Tyneside. The 40-59 age group is the most represented within the population. The local unemployment rate of 8.2% is high compared to the UK average of 4%. The local labour force consists of 67,300 people, representing 74.4% of the population. Residents of South Tyneside have an annual average income of £24,834. In comparison, the average gross salary in the United Kingdom is close to £31,000.
Does the Coffee & Wine Bar sector appeal to you?
Are you interested in running your own business in the Coffee & Wine Bar sector? Have a look at our 14 franchise options available in this field. Bear in mind that the potential for exciting business ventures in the Food industry is not limited to the Coffee & Wine Bar sector. Other available investment opportunities include three Wine franchises, six Bakery franchises, five Chocolate franchises, three Weight Loss franchises and three Smoothie franchises. See if there's one to suit your career goals. In South Tyneside, the Hospitality and Food Services industry already provides employment for nearly 3,000 people, potentially making this path an ideal one for you, too!
Three franchise business examples worth looking at
Auntie Anne's is an interesting franchise that has been operating in the Coffee & Wine Bar sector since 1988. The company has built strong customer loyalty over the past 32 years. A network of 2,000 franchisees promotes the brand's exposure. Starting an Auntie Anne's business requires a substantial initial investment of £145,000. If you plan on getting a loan to cover the startup costs, Auntie Anne's asks for a personal investment of at least £40,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. By investing in this established brand, you could be eligible for financial assistance.
The Coffee & Wine Bar sector has many brands worth considering. Take a look at Esquires Coffee. First established in 2000, the brand is now mature and a leader within the sector, having expanded its franchise network for 20 years. The brand runs in 103 franchise locations which make up a strong business community. In order to open an Esquires Coffee business, a significant initial investment of £225,000 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. Esquires Coffee requires a personal investment of at least £85,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Lastly, have a look at Punch Pubs & Co, another competitive Coffee & Wine Bar franchise. Franchisees benefit from this company's wide network, which operates across 1,300 franchise locations. A total of £13,000, a reasonable initial investment, is required to start a Punch Pubs & Co franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £8,000 of the total investment should come from your personal funds. These relatively 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. You may qualify for financial aid. Visit our website for details.
If you would like to learn more about franchise opportunities in the Coffee & Wine Bar sector, have a browse through our 14 available options. You will find a total of almost 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.