Drinks Franchise opportunities to start in Grantham
Grantham and its prospects for new Businesses
If you'd like to open your own business but don't know where to start, a franchise might just be the solution. Grantham, situated in the East Midlands, could be a good place to start as there are many businesses currently recruiting franchisees in the South Kesteven area. With your interests and business objectives in mind, have a look at our selection of new business investment options.
There are an estimated 142,000 people in the South Kesteven area. Residents aged over 60 years old make up the prevalent age group within the population. Approximately 67,600 people are economically active in the community, representing 81.6% of the population. The unemployment rate (2.1%) is very low compared to the UK average (4%). The annual income in the United Kingdom is £30,629 on average. The people of South Kesteven earn an average annual salary of £28,063, slightly lower than the country's average.
Running a Coffee & Wine Bar franchise business
If the idea of running a business in the Coffee & Wine Bar sector appeals to you, take a look at the 14 brands currently recruiting franchisees in the sector. The Coffee & Wine Bar sector is just one example of a sector you could invest in. Could your ideal business be among our 14 Drinks franchises, six Milkshake franchises, nine Healthy Food franchises, five Chocolate franchises and 15 Dessert franchises available in the Food industry? Have a look to find out. Many companies in South Kesteven already work in the Hospitality and Food Services industry, which employs 4,500 people. You would be joining a well-established business community.
Three franchise business examples worth looking at
NKD Pizza is an interesting franchise operating in the Coffee & Wine Bar sector. The brand is developing, with 25 locations currently in operation, and a desire to expand further. You will need to invest in a large premises to operate this business. An investment in this franchise entitles you to financial aid, if eligible.
Esquires Coffee, open since 2000, is another interesting option. The brand operates in 103 franchise locations which make up a well-established business network. The brand has gained valuable experience and expertise over the past 20 years. In order to start an Esquires Coffee business, a significant initial investment of £225,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Esquires Coffee asks for a personal investment of at least £85,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. If eligible, you might be entitled to financial assistance.
Lastly, Tubz Vending is another successful brand operating in the Coffee & Wine Bar sector. The brand's network is important, counting 300 outlets across the UK. To open your own Tubz Vending business, you will need an initial investment of £3,295. 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.
We offer a total of 14 businesses in the Coffee & Wine Bar sector. If you're interested, see if the right investment opportunity for you is among them. Point Franchise has 236 franchising opportunities across a wide range of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.