Drinks Franchise opportunities to start in Newcastle-under-Lyme
Newcastle-under-Lyme is an attractive town to invest in
If you want to start a business in Newcastle-under-Lyme, working for yourself but not on your own, then check out our franchising opportunities in the West Midlands. On this page, you will find a range of brands to choose from for becoming a franchisee in the Newcastle-under-Lyme area and across the UK. There are a number of franchising options available based on your budget and career goals. Have a browse to find the brand that appeals to you most.
The Newcastle-under-Lyme area has 129,000 residents. When broken down by age group, the majority of the population falls within the 20-39 category. Unemployment in the area (5%) is high compared to the United Kingdom as a whole (4%). The labour force represents 76.3% of the local population, or 62,600 people. Across the United Kingdom, the annual gross salary is close to £31,000 on average. In the region of Newcastle-under-Lyme, it is £24,646.
Could the Coffee & Wine Bar sector be the right choice for you?
If you're interested in becoming a franchisee in the Coffee & Wine Bar sector, take a look at our 14 franchise options currently available in the sector. The Food industry offers a variety of options in addition to those in the Coffee & Wine Bar sector. These include 23 Food and Beverage franchises, five Tea franchises, three Donut franchises, 15 Dessert franchises and nine Healthy Food franchises. Have a look at the brands available to find out which could be your perfect match. In Newcastle-under-Lyme, the Hospitality and Food Services industry already provides work for nearly 3,000 people, potentially making this path an ideal one for you, too!
Three franchise businesses worth reading about
Punch Pubs & Co is a competitive business operating in the Coffee & Wine Bar sector. Opening a Punch Pubs & Co business requires a reasonable initial investment of £13,000. If you plan on getting a loan to cover the startup costs, Punch Pubs & Co asks for a personal investment of at least £8,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. You will also need to invest in a small premises to operate this business. By investing in this established brand, you could qualify for financial assistance.
CAVAVIN is another successful brand operating in the Coffee & Wine Bar sector. The brand has a well-established network and good exposure, operating in 160 franchise outlets. To start your own CAVAVIN franchise, you will need to invest £100,000, of which at least £40,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business.
Finally, Really Awesome Coffee could be another good option for you to invest in. By joining its current 54 franchisees, you would be joining a growing brand network. You will need to invest £69,000 to open your own Really Awesome Coffee business. At least £9,300 of this affordable amount should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial support. Visit our website for details.
If you would like to work in the Coffee & Wine Bar sector, the perfect business opportunity could be waiting for you among our 14 available franchises in the sector. At Point Franchise, we have close to 250 new business investment opportunities available, giving you plenty to choose from in other sectors too.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.
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