Drinks Franchise opportunities to start in Farnworth
Opening a franchise business in Farnworth
Would you like to run your own business? Farnworth, located in North West England, could be a good place to start. There are many brands currently recruiting franchisees in the Halton area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. Why not have a look through our selection of franchising options? There are opportunities to suit various needs and business goals.
Halton has an estimated population of 128,000 people. The population's most prevalent age group is made up of 40-59 year olds. The local labour force consists of 62,400 people, or 79.9% of the total population. With an unemployment rate of 2.8%, recent data indicates that employment in this area is significantly lower than in the rest of the UK. For the Halton area, the average salary is £26,304, which is slightly lower than the UK average income of close to £31,000.
The Coffee & Wine Bar sector could be the right choice for you
Are you interested in the Coffee & Wine Bar sector? You're likely to find a franchise worth considering among 14 brands across the UK. In fact, the Food industry as a whole offers a wide variety of franchises to invest in, including six Bakery franchises, six Milkshake franchises, 14 Drinks franchises, three Catering franchises and 15 Dessert franchises. Explore our available brands to find a potential match.
Three brands worth your attention
Initially established in 2000, Esquires Coffee operates 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 operates in 103 franchise locations which make up a strong business community. Starting an Esquires Coffee business requires a significant initial investment of £225,000. At least £85,000 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. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
Another option to consider is Tubz Vending. The brand's network is made up of 300 franchisees, which enhance its exposure. You will need an initial investment of £3,295 to start your own Tubz Vending business. These low startup costs make this a good franchising option for first-time franchisees. A small premises will also be required to operate this business. You may qualify for financial aid.
As a final example, check out Dunkin' Donuts. Initially established in 1970, the brand has grown a dedicated following over the past 50 years. Franchisees benefit from this company's wide network, which operates across 11,000 franchise locations. 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 usually be required. For Dunkin' Donuts, the minimum personal investment is £1,200,000. It is thus less appropriate for new investors. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See our website for more information.
If you want to work in the Coffee & Wine Bar sector, the perfect investment opportunity could be waiting for you among our 14 available franchises in the sector. If you are still not sure which sector best suits your needs, have a look through our range of almost 250 new business investment opportunities across different sectors on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.