Drinks Franchise opportunities to start in Kendal
Kendal: A great location to start a business
Would you like to run your own business? Kendal, located in the North West of England, could be a good place to start. There are many businesses currently recruiting franchisees in the South Lakeland area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. There are a number of new business investment options available based on your budget and career objectives. Have a look to find the brand that appeals to you most.
South Lakeland has an estimated population of 105,000 people. The majority of residents are aged over 60 years old. The 2% unemployment rate among the 49,000 economically active people in the area is significantly lower than the national average. Across the United Kingdom, the annual gross salary is close to £31,000 on average. In the region of South Lakeland, it is £30,760.
Why the Coffee & Wine Bar sector appeals to franchisees
Across the UK, there are currently 14 opportunities to open your own franchise in the Coffee & Wine Bar sector. In fact, the Food sector as a whole offers a wide variety of franchises to invest in, including four Waffle franchises, six Bakery franchises, three Natural Food franchises, 11 Sweets franchises and five Juice franchises. Explore our available brands to find a potential match.
Here are three examples of franchise businesses
The Coffee & Wine Bar sector offers a range of brands to choose from, including Punch Pubs & Co. It is now firmly rooted in the market, counting 1,300 franchise outlets. In order to start a Punch Pubs & Co business, an affordable initial investment of £13,000 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. Punch Pubs & Co asks for a personal investment of at least £8,000. These low startup costs make it a good option to pursue for first-time franchisees. You will also need to invest in a small premises to operate this business. An investment in this franchise entitles you to financial assistance, if eligible.
Dunkin' Donuts is an interesting franchise option in the Coffee & Wine Bar sector. In business since 1970, Dunkin' Donuts has grown a dedicated following since opening 50 years ago. With a wide network of 11,000 locations, the brand knows how to support its franchisees. Opening a Dunkin' Donuts business requires a substantial initial investment of £3,000,000. At least £1,200,000 should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. By investing in this franchise, you may qualify for financial support.
The Coffee & Wine Bar sector has many brands worth considering. As a final example, have a look at CAVAVIN. The brand operates in 160 franchise locations which make up a well-established 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. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business.
We offer a total of 14 businesses in the Coffee & Wine Bar sector. If you're interested, see if the perfect franchising opportunity for you is among them. At Point Franchise, we have 236 franchising opportunities available, giving you plenty to choose from in other sectors too.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.