Drinks Franchise opportunities to start in Stourbridge
Stourbridge could be home to your new business
You could start your own business by becoming a franchisee in Stourbridge. There are a number of opportunities to choose from in Dudley, located in the West Midlands. Have a look at our range of brands and start managing your own business with a team behind you. Check out our various franchising options to discover the sectors and brands that most appeal to you.
Recent figures show that 321,000 people live in Dudley. The most prevalent age group in the population is 40 to 59 years old. The local unemployment rate of 4.7% is high compared to the national average of 4%. The local labour force consists of 145,500 people, making up 76.2% of the population. Dudley has an average annual income of £28,043, which is slightly lower than the national average salary of £30,629.
Why open a business in the Coffee & Wine Bar sector?
Across the United Kingdom, there are currently 14 opportunities to run your own franchise in the Coffee & Wine Bar sector. Numerous brands offer franchise opportunities in other sectors within the Food industry. For instance, there are 11 Sweets franchises, three Catering franchises, four Waffle franchises, three Smoothie franchises and eight Ice Cream franchises. You'll find opportunities to suit many different career goals and aspirations. If you're interested in the Hospitality and Food Services industry, you're not alone. In Dudley, 5,000 people currently work in the industry.
Read about these three brands to see what franchise options exist
The Coffee & Wine Bar sector offers a variety of brands to choose from, including CAVAVIN. The brand's network is important, counting 160 outlets in the United Kingdom. You will need to invest £100,000 to start operating your own CAVAVIN business, which is a substantial initial investment. Your personal investment should account for at least £40,000 of the total amount. It is thus less appropriate for new investors. A large premises will also be required to operate this business. If you can't cover the startup costs on your own, you may qualify for financial assistance.
Snappy Tomato Pizza could be another good option for you to invest in. This brand is developing, counting 19 locations in the United Kingdom. To start your own Snappy Tomato Pizza franchise, you will need to invest £25,000, of which at least £5,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. 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. Also, if you can't afford the startup costs alone, you may be entitled to financial aid.
Finally, another brand worth considering is Coffee Blue. The brand is growing, with 10 franchises already in operation, and a desire to expand further. This business opportunity requires an affordable initial investment of £41,945. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Coffee Blue requires a minimum personal investment of £8,000. These low startup costs make it a good option to pursue for first-time franchisees. Eligible candidates may apply for financial aid. Visit our website for more information.
There are currently 14 new business investment opportunities available in the Coffee & Wine Bar sector. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of close to 250 franchising possibilities.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.