Drinks Franchise opportunities to start in Prescot

Investing in a franchise in Prescot

Prescot, located in North West England, offers a number of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Knowsley area. With your interests and business goals in mind, have a look at our selection of franchising opportunities.

A recent census found that 150,000 people live in Knowsley. Residents aged 40 to 59 years old make up the prevalent age group in the population. The local unemployment rate of 2.9% among 72,200 economically active people, or 77.9% of the population, is significantly lower than the average in the UK. Knowsley has an average annual income of £25,844. This salary is slightly lower than the rest of the United Kingdom, which has an average salary of close to £31,000.

Does the Coffee & Wine Bar sector appeal to you?

There are 14 brands currently looking for franchisees in the Coffee & Wine Bar sector. If this sector appeals to you, check them out. The Coffee & Wine Bar sector is just one sector among many in the Food industry. Its three Catering franchises, five Tea franchises, seven Vegan franchises, three Smoothie franchises and three Natural Food franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting business venture.

Have a look at three franchise business examples

If you would like to invest in a Coffee & Wine Bar business, you could consider Coffee Blue. There are 10 outlets open so far, and the network is expanding. A total of £41,945, an affordable initial investment, is required to open a Coffee Blue franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £8,000 of the total investment should come from your personal funds. These low startup costs make it a good option to pursue for first-time franchisees. Financial assistance is available for eligible franchisees.

Another option to consider is CAVAVIN. The brand's network is significant, counting 160 locations across the United Kingdom. Starting a CAVAVIN franchise will require you to invest a minimum of £100,000. At least £40,000 of this should come from your own personal investment. 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. By investing in this established brand, you could be eligible for financial aid.

Lastly, if the Coffee & Wine Bar sector appeals to you, Dunkin' Donuts is another option you could consider. In business since 1970, Dunkin' Donuts, now a leader in the sector, has gained 50 years of experience since first opening. A network of 11,000 franchisees promotes the brand's exposure. To start your business, you will need an initial investment of £3,000,000. If you intend to get 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 Dunkin' Donuts, the minimum personal investment is £1,200,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You may qualify for financial aid. See eligibility details on our website.

There are currently 14 available franchising opportunities in the Coffee & Wine Bar sector. Have a look at these brands to see if there's a good fit for you. At Point Franchise, we are proud to offer almost 250 franchise options across various sectors, helping you find the perfect investment opportunities for you.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.