Drinks Franchise opportunities to start in Stockton-on-Tees
Starting a new business in Stockton-on-Tees
Discover the business opportunities waiting for you in Stockton-on-Tees, situated in North East England. On this page you'll find a range of brands that could make you a franchisee in the Stockton-on-Tees area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
Recent figures show that Stockton-on-Tees has a population of 197,000 people. The age group with the highest concentration is 40-59. Stockton-on-Tees has an unemployment rate of 6% within its labour force of 91,500 people. This rate is high compared to the UK average. Salaries in Stockton-on-Tees average £26,850 a year, while in the UK the average salary is £30,629.
Why open a business in the Coffee & Wine Bar sector?
There are 14 UK-based franchises available in the Coffee & Wine Bar sector. In fact, we have a wide selection of options in the Food industry including the franchises in the Coffee & Wine Bar sector. You can choose from three Smoothie franchises, five Juice franchises, 15 Dessert franchises, six Milkshake franchises and 23 Food and Beverage franchises today. Interesting fact: companies in Hospitality and Food Services employ 4,500 people in the Stockton-on-Tees area. This could be your opportunity to start a successful business of your own!
Eager to know more? Here are three franchise business examples
If the Coffee & Wine Bar sector is your area of interest, CAVAVIN is worth looking at. The brand operates in 160 franchise locations which make up a strong business network. A total of £100,000, a substantial initial investment, is required to start a CAVAVIN franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £40,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. By investing in this franchise, you may be eligible for financial assistance.
The Coffee & Wine Bar sector has many brands worth considering. Take a look at Veeno. The brand is expanding, with eight outlets already in operation, and a desire to expand further. Opening a Veeno business requires an initial investment of £80,000. If you intend to get a loan to cover the startup costs, Veeno asks for a personal investment of at least £35,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. Financial support is available for eligible franchisees.
The Coffee & Wine Bar sector has many brands worth considering. As a final example, have a look at Esquires Coffee. Initially established in 2000, Esquires Coffee has acquired valuable experience in the field in its 20 years since first opening. The brand's network is made up of 103 franchisees, which increase its visibility. A total of £225,000, a substantial initial investment, is required to start an Esquires Coffee franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £85,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors. By investing in this established brand, you could qualify for financial assistance. See our website for more information.
Starting a business in the Coffee & Wine Bar sector has great potential. If you're interested, explore our 14 available opportunities. On Point Franchise, there is plenty of choice in other sectors as well. We have close to 250 franchising opportunities in total to choose from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.