Drinks Franchise opportunities to start in Stoke-on-Trent
Stoke-on-Trent and its prospects for new Businesses
Stoke-on-Trent, located in the West Midlands, offers a number of new business investment opportunities, 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 Stoke-on-Trent area. Starting a business should be exciting! Have a look at our selection of franchising options, focusing on the sectors that you feel most passionate about.
An estimated 256,000 people currently live in Stoke-on-Trent. Residents aged 20 to 39 years old are the most represented in the population. The community has 120,500 economically active people, representing 75.8% of the population, with an unemployment rate of 4.3%. This rate is in line with the country's 4% national average. The area's average gross annual income of £25,185 is slightly lower than the average income of just over £30,500 across the United Kingdom.
Running a franchise in the Coffee & Wine Bar sector
There are 14 brands offering franchise opportunities in the Coffee & Wine Bar sector. Bear in mind that the potential for exciting investment opportunities in the Food industry is not limited to the Coffee & Wine Bar sector. Other available investment opportunities include three Catering franchises, three Donut franchises, three Natural Food franchises, 15 Dessert franchises and 14 Drinks franchises. See if there's one to suit your business goals. If you are thinking about opening a business in Hospitality and Food Services, Stoke-on-Trent could be a good place to do it. Indeed, 5,000 people have already made the decision to work in this sector in the Stoke-on-Trent area.
Three brands worth your attention
If you'd like to run your own Coffee & Wine Bar business, Coffee Blue might be a great option for you. This brand is developing, counting 10 locations in the UK. You will need to invest £43,305 to start operating your own Coffee Blue business, which is a reasonable initial investment. Your personal investment should account for at least £8,000 of the total amount. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. This investment entitles you to training, assistance and support from Coffee Blue. You could also benefit from financial assistance, if eligible.
Snappy Tomato Pizza is another interesting option. The brand is growing, with 19 outlets already in operation, and a desire to expand further. You will need to invest £25,000 to start your own Snappy Tomato Pizza business. At least £5,000 of this reasonable amount should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. The training and assistance provided by Snappy Tomato Pizza give you the tools to manage your own business efficiently.
The Coffee & Wine Bar sector has many brands worth considering. As a final example, check out Rooster Shack. By joining its current two franchisees, you would become a part of a growing brand network. Starting a Rooster Shack business requires a substantial initial investment of £150,000. If you intend to get a loan to cover the startup costs, Rooster Shack asks for a personal investment of at least £75,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. Investing in Rooster Shack entitles you to all the guidance, training and support you need to run your business effectively. And if you can't afford the startup costs on your own, you may be eligible for financial aid. See eligibility details on our website.
The Coffee & Wine Bar sector offers 14 franchising options. Point Franchise currently has a total of 238 brands recruiting franchisees across a range of sectors. Have a look to see which other sectors you might want to invest in.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.