Drinks Franchise opportunities to start in Swindon
Starting a franchise business in Swindon
Would you like to open a business in Swindon, located in the South West? Would you like to work for yourself but not on your own? If so, check out our franchising options. On this page, you'll find several brands offering the training and support you need to run your own business in the Cheltenham area. There are a number of new business investment opportunities available based on your budget and career objectives. Have a look to find the brand that appeals to you most.
The population of Cheltenham is made up of 117,000 residents. The population's most prevalent age group is made up of 20-39 year olds. The labour force in Cheltenham amounts to 64,100 people, with an unemployment rate of 3.8%. This rate is in line with the national average. The local income averages £36,162 per year, which is significantly higher than the close to £31,000 average income in the United Kingdom as a whole.
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. The Coffee & Wine Bar sector is a part of the Food industry. Other brands recruiting in this industry include three Natural Food franchises, three Donut franchises, six Bakery franchises, five Chocolate franchises and eight Ice Cream franchises. Among these franchising opportunities, there will likely be one that fits your career goals and aspirations. It may interest you to know that companies in the Cheltenham area currently employ 6,000 people in the Hospitality and Food Services industry.
Three franchise business examples worth looking at
Initially established in 1970, Dunkin' Donuts is a competitive business operating in the Coffee & Wine Bar sector. Dunkin' Donuts has acquired expertise and customer loyalty in its 50 years since opening. Franchisees benefit from this brand's wide network, which operates across 11,000 franchise locations. You will need to invest £3,000,000 to open your own Dunkin' Donuts business. At least £1,200,000 of this significant amount should come from your own personal investment. It is thus less appropriate for new investors. If you can't afford the startup costs on your own, you may qualify for financial aid.
Have a look at Really Awesome Coffee. By joining its current 54 franchisees, you would be joining a growing brand network. This business opportunity requires a reasonable initial investment of £69,000. 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. Really Awesome Coffee asks for a minimum personal investment of £9,300. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you make the decision to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Lastly, Punch Pubs & Co is another interesting franchising opportunity if you plan to invest in the Coffee & Wine Bar sector. The brand has developed over time and now operates in 1,300 different locations. In order to open a Punch Pubs & Co business, an affordable initial investment of £13,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Punch Pubs & Co requires a personal investment of at least £8,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. You will also need to invest in a small premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See our website for more information.
We offer a total of 14 businesses in the Coffee & Wine Bar sector. If you're interested, see if the right investment opportunity for you is among them. If you are still not sure which sector best suits your needs, have a look through our range of close to 250 new business investment opportunities across various sectors on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.