Drinks Franchise opportunities to start in Kidderminster
Kidderminster: A great location to start a business
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our range of brands in Kidderminster, located in the Wyre Forest area in the West Midlands, where many companies are currently recruiting. Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
The Wyre Forest area has a population of 101,000 people. The most prevalent age group in the population falls in the 60+ age bracket. In terms of employment, the region has an economically active population of 43,900 people (76.7%), of which the unemployment rate is 3.2%. This figure is lower than the average unemployment rate across the country. The annual income in the UK is just over £30,500 on average. The people of Wyre Forest earn an average annual salary of £26,703, slightly lower than the country's average.
Why the Coffee & Wine Bar sector might be a good option for you
Across the UK, there are 14 franchises in the Coffee & Wine Bar sector. The Food industry offers a variety of options in addition to those in the Coffee & Wine Bar sector. These include three Weight Loss franchises, 23 Food and Beverage franchises, three Wine franchises, five Chocolate franchises and three Catering franchises. Take a look at the brands available to find out which could be your perfect match.
Here are three examples of franchise businesses
The Coffee & Wine Bar sector offers a variety of brands to choose from, including Rooster Shack. The brand is expanding, with two locations already in operation, and a desire to expand further. In order to start a Rooster Shack business, a significant initial investment of £150,000 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. Rooster Shack requires a personal investment of at least £75,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. The training and assistance provided by Rooster Shack give you the tools to manage your own business successfully. Financial aid can also be provided in some circumstances.
Check out NKD Pizza. This brand is developing, counting 25 outlets across the country. A large premises will be required to operate this business.
Lastly, another opportunity worth considering is Esquires Coffee. First launched in 2000, Esquires Coffee now has over 20 years of experience under its belt. The brand's network is vast, counting 103 outlets across the UK. To start your business, you will need an initial investment of £225,000. 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 usually be required. For Esquires Coffee, the minimum personal investment is £85,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. This investment entitles you to training, assistance and support from Esquires Coffee. You could also benefit from financial assistance, if eligible. Visit our website for details.
The Coffee & Wine Bar sector currently has 14 franchising opportunities. At Point Franchise, we are proud to offer close to 250 franchise options across different sectors, helping you find the perfect business opportunities for you.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.