Drinks Franchise opportunities to start in Wolverhampton

Opening a franchise business in Wolverhampton

Would you like to run your own business? Wolverhampton, located in the West Midlands, could be a good place to start. There are many brands currently recruiting franchisees in the Wolverhampton area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. To begin, look for the line of work that interests you the most. This is a quick way to find the franchise best suited to you.

There are an estimated 262,000 people in the Wolverhampton area. The majority of the population falls within the 20-39 age group. Unemployment in the area (7%) is high compared to the United Kingdom as a whole (4%). The labour force represents 72.2% of the local population, or 118,500 people. The region's average gross annual income of £24,784 is slightly lower than the average income of £30,629 across the United Kingdom.

Why the Coffee & Wine Bar sector appeals to franchisees

Across the UK, there are currently 14 opportunities to run your own franchise in the Coffee & Wine Bar sector. There are also three Weight Loss franchises, three Smoothie franchises, seven Vegan franchises, eight Ice Cream franchises and five Juice franchises recruiting franchisees in the Food industry, alongside the Coffee & Wine Bar options. Have a browse to see whether any fit your career goals and aspirations. If you're keen on the Hospitality and Food Services industry, you may want to consider how many people already work in the industry. In Wolverhampton, Hospitality and Food Services businesses currently employ 5,000 people.

Read about these three brands to see what franchise opportunities exist

If working in the Coffee & Wine Bar sector appeals to you, take a look at Auntie Anne's. Initially established in 1988, Auntie Anne's is a recognized leader in the sector, with 32 years of experience under its belt franchisees benefit from this company's wide network, which operates across 2,000 franchise locations. Starting an Auntie Anne's franchise will require you to invest a minimum of £145,000. At least £40,000 of this should come from your own personal investment. It is thus less appropriate for new investors. When investing in this franchise, you can benefit from the assistance and support of an established brand and you could even qualify for financial assistance.

Another option to consider is Caprinos Pizza. By joining its 16 franchises already in operation, you could contribute to this company's expansion. You will need to invest £65,000 to open your own Caprinos Pizza business. At least £50,000 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. Caprinos Pizza also provides training and support to help you run your business successfully.

Lastly, CAVAVIN is another successful brand operating in the Coffee & Wine Bar sector. The brand operates in 160 franchise locations which make up 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 apply for a loan to help cover the remaining startup costs. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. CAVAVIN could be a good option for you, as the company provides comprehensive training and support. Also, if you can't cover the startup costs alone, you may be able to benefit from financial aid. See eligibility details on our website.

If you are considering opening a franchise business in the Coffee & Wine Bar sector, you might be interested to explore our 14 available brands. With close to 250 new business investment opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.

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