Drinks Franchise opportunities to start in Gloucester

What to know before starting a franchise in Gloucester

Located in South West England, Gloucester 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 possibilities in Gloucester and take the first step towards managing your own business. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and career objectives.

Gloucester has a population of approximately 129,000 people. Unemployment affects 4% of the UK population. With a rate of 4.5%, unemployment in this area is slightly higher than the national average. The economically active population amounts to 70,900 people, making up 87.3% of the population. With an average gross annual income of £26,300, salaries in Gloucester are slightly lower than the average salary of close to £31,000 across the United Kingdom.

Why choose to open a business in the Coffee & Wine Bar sector?

Across the United Kingdom, you will find 14 franchises operating in the Coffee & Wine Bar sector. This is just one of the sectors you could choose within the Food industry. There are also three Weight Loss franchises, six Bakery franchises, seven Vegan franchises, three Smoothie franchises and five Tea franchises. Have a browse and see if any are a good fit for you. If you are thinking about joining the Hospitality and Food Services industry, you may be interested to know that 4,000 people have already made the decision to work in this sector in the Gloucester area.

Here are three examples of franchise businesses

There are many interesting franchising opportunities in the Coffee & Wine Bar sector. Take Veeno for example. By joining its current eight franchisees, you would become a part of a growing brand network. A total of £80,000 is required to start a Veeno franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £35,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you could see if you qualify for financial aid.

Coffee Blue is an interesting franchise option in the Coffee & Wine Bar sector. By joining its current 10 franchisees, you would be joining a growing brand network. A total of £41,945, a reasonable initial investment, is required to start a Coffee Blue franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £8,000 of the total investment should come from your personal funds. Given these low startup costs, this option could be suitable for first-time franchisees. You may be eligible for financial assistance.

As a final Coffee & Wine Bar franchise option, have a look at Esquires Coffee. Launched in 2000, the brand has gained valuable experience and expertise over the past 20 years. By joining its network of 103 franchisees, you would become a part of a well-established business community. In order to open 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 typically 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 is an opportunity best suited for most established franchisees with greater access to financial resources. Financial assistance can be provided in some circumstances. Visit our website for more information.

If you would like to take a look at more new business investment options in the Coffee & Wine Bar sector, we currently have 14 available opportunities. You will find a total of close to 250 franchise opportunities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.

This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.