Drinks Franchise opportunities to start in Skelmersdale
Skelmersdale and its prospects for new Businesses
Skelmersdale, located in North West England, has many opportunities for people looking to open their own business. There are several brands currently recruiting franchisees in the West Lancashire area. This could mean working for yourself while receiving the comprehensive support of an established brand. To start off with, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
The population of West Lancashire is made up of 114,000 people. The majority of residents are aged over 60 years old. The local unemployment rate of 3.3% among 47,700 economically active people, or 70.0% of the population, is lower than the average in the United Kingdom. Residents in the area earn £28,560 per year on average. This income is slightly lower than the national average gross income, which reaches close to £31,000.
Why Coffee & Wine Bar businesses appeal to franchisees
Across the UK, there are 14 franchises operating in the Coffee & Wine Bar sector. This is just one of the sectors you could choose within the Food industry. There are also eight Ice Cream franchises, three Smoothie franchises, nine Healthy Food franchises, three Wine franchises and four Waffle franchises. Have a browse and see if any are a good fit for you. It may interest you to know that businesses in the West Lancashire area currently employ 4,500 people in the Hospitality and Food Services industry.
Eager to find out more? Here are three franchise business examples
Snappy Tomato Pizza is a competitive brand operating in the Coffee & Wine Bar sector. The brand is growing, with 19 outlets already in operation, and a desire to expand further. In order to start a Snappy Tomato Pizza business, an affordable initial investment of £25,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Snappy Tomato Pizza requires a personal investment of at least £5,000. These low startup costs make it a good option to pursue for first-time franchisees. A large premises will also be required to operate this business. Also, if you can't cover the startup costs alone, you may be able to benefit from financial aid.
You could also have a look at CAVAVIN. By joining its network of 160 franchisees, you would become a part of a strong business community. Opening a CAVAVIN franchise will require you to invest a minimum of £100,000. At least £40,000 of this 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. A large premises will also be required to operate this business.
Finally, another possibility to consider is Coffee Blue. There are 10 locations open so far, and the network is expanding. To start your business, you will need an initial investment of £41,945. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Coffee Blue, the minimum personal investment is £8,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial support. Visit our website for details.
If you would like to know more about franchise opportunities in the Coffee & Wine Bar sector, have a look through our 14 available options. Point Franchise currently has a total of 236 brands recruiting franchisees across a range of sectors. Have a browse to see which other sectors you might want to invest in.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.