Drinks Franchise opportunities to start in Oldham
Thinking about living and working in Oldham?
Many brands are currently looking for franchisees in Oldham, located in the North West of England. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Oldham area. We offer a variety of realistic new business investment opportunities, so that you can find one you like.
The Oldham area has 236,000 residents. Residents in the 0-19 age group make up the largest portion of the population. Unemployment affects 4% of the UK population. With a rate of 3.6%, unemployment in this area is lower than the national average. The economically active population amounts to 105,000 people, representing 73.2% of the population. Oldham has an average annual income of £23,879. This salary is lower than the rest of the UK, which has an average salary of just over £30,500.
The Coffee & Wine Bar sector: An interesting opportunity for franchisees
There are 14 franchises in the Coffee & Wine Bar sector to choose from. In addition to the business opportunities in the Coffee & Wine Bar sector, the Food industry offers 15 Dessert franchises, 23 Food and Beverage franchises, five Chocolate franchises, six Milkshake franchises and three Donut franchises. Check out the brands to see if your perfect match is among them. Opening a business is not a simple feat, but becoming a franchisee makes managing your own business much more feasible. The Oldham 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 4,000 people. So, what is stopping you from opening your own business in Oldham today?
Read about these three brands to see what franchise options exist
If working in the Coffee & Wine Bar sector appeals to you, have a look at Dunkin' Donuts. First established in 1970, Dunkin' Donuts has grown a loyal following since opening 50 years ago. With a vast network of 11,000 outlets, the brand knows how to support its franchisees. To start your own Dunkin' Donuts franchise, you will need to invest £3,000,000, of which at least £1,200,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid.
Another brand worth considering is Snappy Tomato Pizza. There are 19 locations open so far, and the network is expanding. To start your business, you will need an initial investment of £25,000. If you plan on getting 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 Snappy Tomato Pizza, the minimum personal investment is £5,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. A large premises will also be required to operate this business. If you can't cover the startup costs on your own, you may be eligible for financial assistance.
Lastly, if the Coffee & Wine Bar sector appeals to you, NKD Pizza is another option you could consider. By joining its current 25 franchisees, you would become a part of a growing brand network. You will need to invest in a large premises to operate this business. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for more information.
If you would like to take a look at more franchising options in the Coffee & Wine Bar sector, we currently have 14 available opportunities. Point Franchise offers a total of almost 250 franchising opportunities across a variety of sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.