Drinks Franchise opportunities to start in Burnley
Burnley and its prospects for new Businesses
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our selection of brands in Burnley, located in the Burnley area in the North West of England, where many companies are currently recruiting. With your interests and business goals in mind, have a look at our range of franchising options.
Recent figures show that 89,000 people live in Burnley. The population's most prevalent age group is made up of 40-59 year olds. Burnley has an unemployment rate of 5.7% within its labour force of 39,600 people. This rate is high compared to the national average. Residents of Burnley have an annual average income of £26,621. In comparison, the average gross salary in the UK is close to £31,000.
Why start a franchise in the Coffee & Wine Bar sector?
There are 14 brands offering franchise opportunities in the Coffee & Wine Bar sector. Numerous brands offer franchise opportunities in other sectors within the Food industry. For instance, there are three Weight Loss franchises, nine Healthy Food franchises, seven Vegan franchises, three Natural Food franchises and three Donut franchises. You'll find opportunities to suit many different career objectives and aspirations.
Here are three examples of franchise businesses
In business since 2000, Esquires Coffee is a competitive business operating in the Coffee & Wine Bar sector. Esquires Coffee has proved itself to be a successful business and leader in the sector in its 20 years since opening. The brand's network is significant, counting 103 outlets across the United Kingdom. This business opportunity requires a significant initial investment of £225,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Esquires Coffee asks for a minimum personal investment of £85,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. When investing in this franchise, you could qualify for financial assistance.
Another interesting franchising opportunity is CAVAVIN. The brand operates in 160 franchise locations which make up a strong business community. You will need to invest £100,000 to start running your own CAVAVIN business, which is a significant initial investment. Your personal investment should account for at least £40,000 of the total amount. It is thus less appropriate for new investors. A large premises will also be required to operate this business. You could also receive financial aid, if eligible.
Lastly, if the Coffee & Wine Bar sector appeals to you, Dunkin' Donuts is another option you could consider. First established in 1970, Dunkin' Donuts has gained substantial customer loyalty over its 50 years in business. Franchisees benefit from this brand's wide network, which operates across 11,000 franchise locations. A total of £3,000,000, a significant initial investment, is required to open a Dunkin' Donuts franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £1,200,000 of the total investment should come from your personal funds. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for more information.
There are currently 14 available franchise options in the Coffee & Wine Bar sector. Take a look at these brands to find out if there's a good fit for you. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across a variety of sectors. Enjoy exploring your options.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.