Drinks Franchise opportunities to start in Bloxwich
Investing in Bloxwich could be your next move
If you'd like to run your own business but don't know where to start, a franchise might just be the answer. Bloxwich, situated in the West Midlands, could be a good place to start as there are many businesses currently recruiting franchisees in the Walsall area. If you already know which line of work you'd like to pursue, check out our franchise opportunities in that sector. If not, look around and see what other options catch your eye. We have brands to suit all kinds of interests and career objectives.
There are approximately 283,000 people currently living in Walsall. Residents aged 0 to 19 years old make up the prevalent age group within the population. The area has a 6.7% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's economically active population consists of 130,000 people or 75.7% of the total population. Residents of Walsall have an annual average salary of £24,014. In comparison, the average gross income in the United Kingdom is £30,629.
Running a franchise in the Coffee & Wine Bar sector
Are you interested in the Coffee & Wine Bar sector? You're likely to come across a franchise worth considering among 14 brands across the country. The Coffee & Wine Bar sector is just one sector among many in the Food sector. Its three Donut franchises, nine Healthy Food franchises, six Milkshake franchises, 23 Food and Beverage franchises and six Bakery franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting franchising opportunity. The Hospitality and Food Services industry provides employment for many people. In Walsall, companies currently employ 4,000 people in the field.
Three franchises that could interest you
The Coffee & Wine Bar sector has many franchise options available, such as Tubz Vending. The brand has a strong network and good exposure, operating in 300 franchise outlets. You will need an initial investment of £3,295 to open your own Tubz Vending business. 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. You will also need to invest in a small premises to operate this business. If you can't afford the startup costs on your own, you could find out if you qualify for financial aid.
Another possibility to consider is Auntie Anne's. The brand was first established in 1988. Auntie Anne's has gained many devoted customers over the past 32 years. It is now firmly rooted in the market, counting 2,000 franchise locations. You will need to invest £145,000 to start your own Auntie Anne's business. At least £40,000 of this substantial amount 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. When investing in this franchise, you could be eligible for financial assistance.
Lastly, Esquires Coffee is another successful business that has been operating in the Coffee & Wine Bar sector since 2000. The brand now has 20 years of experience, making it a leader in the sector. The brand's network is vast, counting 103 outlets across the country. In order to open an Esquires Coffee business, a substantial initial investment of £225,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Esquires Coffee asks for a personal investment of at least £85,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
If you would like to learn more about franchise opportunities in the Coffee & Wine Bar sector, have a look through our 14 available options. You will find a total of 236 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.