Drinks Franchise opportunities to start in Heywood

What to consider when starting a franchise in Heywood

The Rochdale area offers many interesting business opportunities. If you like the idea of running your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Heywood. If you already know which line of work you'd like to pursue, look into our franchise opportunities in that sector. If not, have a browse and see what other options catch your eye. We have brands to suit many different interests and career objectives.

There are 220,000 people living in the Rochdale area. The majority of the population falls within the 20-39 age range. The economically active population in Rochdale amounts to 99,600 people, with an unemployment rate of 6.3%. This rate is slightly higher than the national average. Rochdale has an average annual income of £25,682, which is slightly lower than the national average salary of just over £30,500.

Running a Coffee & Wine Bar franchise business

Are you interested in the Coffee & Wine Bar sector? If so, there are 14 available brands to choose from in the UK. The Coffee & Wine Bar sector is just one sector among many in the Food industry. Its six Milkshake franchises, four Waffle franchises, 11 Sweets franchises, seven Vegan franchises and 14 Drinks franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting business venture. Opening a business is not a simple feat, but becoming a franchisee makes managing your own business much more feasible. The Rochdale region offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 3,500 people. So, what is stopping you from opening your own business in Rochdale today?

Three franchise businesses worth reading about

If you're planning to invest in the Coffee & Wine Bar sector, have a look at CAVAVIN. The brand's network is made up of 160 franchisees, which promote its exposure. To start your own CAVAVIN franchise, you will need to invest £100,000, of which at least £40,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. 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. If you can't afford the startup costs on your own, you may be eligible for financial assistance.

Punch Pubs & Co is an interesting franchising opportunity in the Coffee & Wine Bar sector. With a significant network of 1,300 locations, the brand knows how to support its franchisees. This business requires a reasonable initial investment of £13,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Punch Pubs & Co business is £8,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. A small premises will also be required to operate this business. You may qualify for financial aid.

Lastly, another option to consider is Really Awesome Coffee. By joining its network of 54 franchisees, you could play a part in this brand's success. Opening a Really Awesome Coffee franchise will require you to invest a minimum of £69,000. At least £9,300 of this should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. You could also benefit from financial aid, if eligible. See our website for details.

There are currently 14 new business investment opportunities available in the Coffee & Wine Bar sector. Don't forget that we offer new business investment ranges across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of almost 250 franchising possibilities.

This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.