Drinks Franchise opportunities to start in Rotherham
Rotherham and its prospects for new Businesses
Rotherham, located in Yorkshire and the Humber, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Rotherham area. Starting a business should be exciting! Explore our selection of franchising options, focusing on the sectors that you feel most passionate about.
There are approximately 265,000 people currently living in Rotherham. The most prevalent age group in the population falls in the 40-59 age bracket. Unemployment affects 4% of the UK population. With a rate of 6%, unemployment in this area is slightly higher than the national average. The labour force amounts to 121,500 people, making up 75.6% of the population. The area's average gross annual income of £25,222 is slightly lower than the average income of £30,629 across the United Kingdom.
Why Coffee & Wine Bar businesses appeal to franchisees
Across the UK, there are 14 franchises in the Coffee & Wine Bar sector. This is just one of the sectors you could choose within the Food industry. There are also seven Vegan franchises, 23 Food and Beverage franchises, five Tea franchises, eight Ice Cream franchises and four Waffle franchises. Have a browse and see if any are a good fit for you. In the Rotherham area, the Hospitality and Food Services industry provides employment for 6,000 people.
Want to know more? Read about these three brands
If you plan to invest in the Coffee & Wine Bar sector, Cinnabon could be a good option. In business since 2004, Cinnabon has proved itself to be a successful business and leader in the field in its 16 years since opening. It is now firmly rooted in the market, counting 1,300 franchise locations.
Another opportunity worth considering is Dunkin' Donuts. First launched in 1970, Dunkin' Donuts has gained substantial customer loyalty over its 50 years in business. A network of 11,000 franchisees promotes the brand's visibility. To start 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. Due to the higher startup costs, this option is not recommended for first-time franchisees. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
Finally, Punch Pubs & Co is another interesting franchising opportunity if you plan to invest in the Coffee & Wine Bar sector. The brand has expanded over time and now operates in 1,300 different locations. To start your business, you will need an initial investment of £13,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Punch Pubs & Co, the minimum personal investment is £8,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. Financial assistance can be given in some circumstances. Visit our website for details.
If you would like to check out more franchising options in the Coffee & Wine Bar sector, we currently have 14 available opportunities. At Point Franchise, we have almost 250 new business investment opportunities available, giving you plenty to choose from in other sectors as well.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.