Drinks Franchise opportunities to start in Worcester
Why should you invest in Worcester?
Discover the business opportunities waiting for you in Worcester, situated in the West Midlands. On this page you'll find a range of brands that could make you a franchisee in the Worcester area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. By browsing the sectors that appeal to you the most, you will find the franchises that best suit your interests and business objectives.
The Worcester area has a population of 102,000 people. The 20-39 age group makes up the majority of the population. The area has an economically active population of 54,500 people, or 81.7% of the total population. The unemployment rate (1.8%) is very low compared to the rest of the UK. Residents in the area earn £27,563 per year on average. This income is slightly lower than the national average gross income, which reaches £30,629.
Have you considered the Coffee & Wine Bar sector?
There are 14 brands offering franchise options in the Coffee & Wine Bar sector. In fact, we have a wide selection of options in the Food sector including the franchises in the Coffee & Wine Bar sector. You can choose from three Catering franchises, five Chocolate franchises, eight Ice Cream franchises, three Natural Food franchises and nine Healthy Food franchises today. The Hospitality and Food Services industry provides work for many people. In Worcester, businesses currently employ 3,000 people in the field.
Check out these three business examples
If you'd like to open your own Coffee & Wine Bar business, CAVAVIN might be a great option for you. By joining its network of 160 franchisees, you would become a part of a strong business community. To start your own CAVAVIN franchise, you will need to invest £100,000, of which at least £40,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. Financial assistance is available for eligible franchisees.
Another interesting franchise option is Caprinos Pizza. By joining its current 16 franchisees, you would become a part of a growing brand network. This business requires an initial investment of £65,000. If you intend to get 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 Caprinos Pizza business is £50,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. When investing in this franchise, you could be eligible for financial aid.
As a final Coffee & Wine Bar franchise option, have a look at Dunkin' Donuts. Launched in 1970, Dunkin' Donuts, now a leader in the sector, has gained 50 years of experience since first opening. With a vast network of 11,000 outlets, the brand knows how to support its franchisees. 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 start a business in this sector. Due to the higher startup costs, this option is not advisable for first-time franchisees. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid. See our website for more information.
Many businesses are already operating in the Coffee & Wine Bar sector. We currently have 14 franchise opportunities available in the sector. At Point Franchise, we are proud to offer close to 250 franchise options across many sectors, helping you find the perfect investment opportunities for you.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.