Drinks Franchise opportunities to start in Chadderton
Chadderton is an attractive town to invest in
If you'd like to run your own business but don't know where to start, a franchise might just be the answer. Chadderton, situated in the North West of England, could be a good place to start as there are many businesses currently recruiting franchisees in the Oldham area. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and business goals.
Oldham has an estimated population of 236,000 people. The most prevalent age group in the population falls within the 0-19 age bracket. Approximately 105,000 people are economically active in the area, representing 73.2% of the population. The unemployment rate 3.6% is low compared to the UK average 4%. Salaries in Oldham average £23,879 a year, while in the UK the average salary is £30,629.
Why the Coffee & Wine Bar sector might be a good option for you
If you would like to operate a Coffee & Wine Bar franchise, you are likely to find one that interests you among 14 available across the UK. This is just one of the sectors you could choose within the Food sector. There are also five Juice franchises, eight Ice Cream franchises, 11 Sweets franchises, three Wine franchises and six Bakery franchises. Have a look and find out if any are a good fit for you. If you are thinking about starting a business in Hospitality and Food Services, Oldham could be a good place to do it. Indeed, 4,000 people have already made the decision to work in this field in the Oldham area.
Three examples of available franchise business possibilities
Coffee Blue is an interesting franchise operating in the Coffee & Wine Bar sector. The brand is growing, with 10 outlets currently in operation, and a desire to expand further. You will need to invest £43,305 to start your own Coffee Blue business. At least £8,000 of this reasonable amount should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. Coffee Blue also provides training and assistance to help you run your business efficiently.
Esquires Coffee, open since 2000, is another interesting option. The brand's network is significant, counting 103 outlets across the UK. This brand has developed a comprehensive support package, drawing on its 20 years of expertise in the sector. You will need to invest £225,000 to open your own Esquires Coffee business. At least £85,000 of this significant amount should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. Esquires Coffee also provides training and support to help you run your business successfully.
Lastly, Veeno is an interesting franchising opportunity in the Coffee & Wine Bar sector. There are eight outlets open so far, and the network is expanding. A total of £80,000 is required to open a Veeno franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £35,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors. A large premises will also be required to operate this business. Investing in Veeno entitles you to all the guidance, training and support you need to run your business successfully. And if you can't afford the startup costs on your own, you may qualify for financial aid. Visit our website for details.
If working in the Coffee & Wine Bar sector appeals to you, check out our 14 available investment opportunities in the sector. Point Franchise currently has a total of almost 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.