Drinks Franchise opportunities to start in West Bridgford
What can West Bridgford offer to new businesses?
Located in the East Midlands, West Bridgford is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising options in Rushcliffe and take the first step towards managing your own business. We offer a variety of realistic new business investment opportunities, so that you can find one you like.
There are 118,000 people in the Rushcliffe area. The 40-59 age range is the most represented within the population. The region has 57,700 economically active people, representing 83.3% of the population, with an unemployment rate of 2.6%. This rate is significantly lower than the country's 4% national average. The region's average gross annual income of £37,873 is significantly higher than the average income of close to £31,000 across the UK.
Why Coffee & Wine Bar businesses appeal to franchisees
If you're thinking about becoming a franchisee in the Coffee & Wine Bar sector, take a look at our 14 franchise options currently available in the field. The Coffee & Wine Bar sector is just one example of a sector you could invest in. Could your ideal business be among our three Donut franchises, nine Healthy Food franchises, six Bakery franchises, five Juice franchises and five Tea franchises available in the Food industry? Have a look to find out. 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 industry currently employ three,000 people in the Rushcliffe area.
Take a look at three franchise business examples
Snappy Tomato Pizza is a competitive brand operating in the Coffee & Wine Bar sector. There are 19 outlet open so far, and the network is expanding. This business requires an affordable initial investment of £25,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Snappy Tomato Pizza business is £5,000. These low startup costs make it a good option to pursue for first-time franchisees. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial assistance, if eligible.
You could also consider Dunkin' Donuts, which has been operating since 1970. Dunkin' Donuts now has 50 years of experience in the sector, making it a strong leader. The brand has grown over time and now operates in 11,000 different locations. You will need an initial investment of £3,000,000 to start your own Dunkin' Donuts business. Your personal investment should account for at least £1,200,000 of the total amount. You may want to think about getting a loan to open a business in this sector. It is thus less appropriate for new investors. By investing in this franchise, you may qualify for financial support.
Finally, Tubz Vending is another attractive brand operating in the Coffee & Wine Bar sector. An initial investment of £3,295 will allow you to start your own Tubz Vending business. These relatively low startup costs make it a good option to pursue for first-time franchisees. A small premises will also be required to operate this business.
There are 14 franchises waiting to be discovered in the Coffee & Wine Bar sector. Point Franchise has almost 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.