Drinks Franchise opportunities to start in Ashton-under-Lyne
Ashton-under-Lyne: A great location to start a business
Would you like to run your own business? Ashton-under-Lyne, located in the North West of England, could be a good place to start. There are many businesses currently recruiting franchisees in the Tameside area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. We offer franchise investment options in many different sectors. Why not look into the sector that appeals to you the most?
A recent census found that 225,000 people live in Tameside. Residents aged 40 to 59 years old make up the prevalent age group within the population. Tameside has an unemployment rate of 4.1% within its labour force of 109,600 people. This rate is comparable to the national average. Across the United Kingdom, the average gross salary is £30,629. In the Tameside area, it is £24,496.
Why the Coffee & Wine Bar sector appeals to franchisees
There are 14 brands offering franchise opportunities in the Coffee & Wine Bar sector. Bear in mind that the potential for exciting business ventures in the Food and Beverage sector is not limited to the Coffee & Wine Bar sector. Other available investment opportunities include seven Vegan franchises, five Chocolate franchises, three Donut franchises, three Catering franchises and three Weight Loss franchises. See if there's one to suit your business goals. If you would like to run a business in the Hospitality and Food Services industry, it could be useful to know that companies in the sector currently employ 4,000 people in the Tameside area.
Have a look at three franchise business examples
Veeno could be a great choice for you if you're interested in the Coffee & Wine Bar sector. By joining its current eight franchisees, you would be joining a growing brand network. An initial investment of £80,000 will enable you to start your own Veeno business. In most cases, your personal investment should represent 30 to 50% of the total amount. Veeno requires you to personally invest at least £35,000. You could potentially apply for a loan to cover the remaining costs. A large premises will also be required to operate this business. This investment entitles you to training, assistance and support from Veeno. You could also receive financial aid, if eligible.
You could also consider Dunkin' Donuts, which has been in business since 1970. Dunkin' Donuts has acquired substantial customer loyalty over its 50 years in business. With a wide network of 11,000 outlets, the brand knows how to support its franchisees. 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. It is thus less appropriate for new investors. If you are unsure about starting your own business, taking on an established franchise could be the solution. Dunkin' Donuts provides full training and support, ensuring that its franchisees are well-equipped to succeed.
Lastly, Coffee Blue is another successful brand operating in the Coffee & Wine Bar sector. This brand is expanding, counting 10 locations across the United Kingdom. You will need an initial investment of £41,945 to open your own Coffee Blue business. Your personal investment should account for at least £8,000 of the total amount. You may want to think about getting a loan to start a business in this sector. These low startup costs make it a good option to pursue for first-time franchisees. Coffee Blue also offers training and support to help you run your business efficiently.
If you would like to know more about franchise opportunities in the Coffee & Wine Bar sector, have a look through our 14 available options. Point Franchise offers a total of almost 250 franchising options across a variety of sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
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