Drinks Franchise opportunities to start in Altrincham
Investing in a franchise in Altrincham
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our selection of brands in Altrincham, located in the Trafford area in the North West of England, where many companies are currently recruiting. Browsing our range of brands and sectors will allow you to pinpoint the type of business that is right for you.
The Trafford area has 236,000 residents. The 40-59 age group is the most represented within the population. The local unemployment rate of 4.5% among 120,100 economically active people, or 82.4% of the population, is slightly higher than the average in the United Kingdom. Across the United Kingdom, the average gross salary is close to £31,000. In the Trafford area, it amounts to £35,667.
Why the Coffee & Wine Bar sector appeals to franchisees
There are 14 brands offering franchise options in the Coffee & Wine Bar sector. The Coffee & Wine Bar sector is just one example of the options available in the Food sector. Other opportunities include five Juice franchises, five Tea franchises, nine Healthy Food franchises, three Smoothie franchises and five Chocolate franchises. Have a browse, the perfect business opportunity for you could be a few clicks away. In Trafford, there are currently 7,000 people working in the Hospitality and Food Services industry, so you would become a part of an established business network.
Take a look at three franchise business examples
If working in the Coffee & Wine Bar sector appeals to you, take a look at NKD Pizza. By joining its 25 franchises already in operation, you could contribute to this brand's expansion. A large premises will be required to operate this business.
Check out Dunkin' Donuts, another attractive Coffee & Wine Bar franchise that launched in 1970. The company has built strong customer loyalty over the past 50 years. A network of 11,000 franchisees promotes the brand's visibility. To open 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. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Dunkin' Donuts can support you with comprehensive training and assistance to help your business reach its full potential.
The Coffee & Wine Bar sector has many brands worth considering. As a final example, take a look at Veeno. By joining its network of eight franchisees, you could play a part in this brand's success. This business requires an initial investment of £80,000. 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 Veeno business is £35,000. The higher startup costs make this 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. An investment in this franchise entitles you to expert training and support as well as financial aid, if eligible. See eligibility details on our website.
Many businesses are already operating in the Coffee & Wine Bar sector. We currently have 14 franchise opportunities available in the sector. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.