Drinks Franchise opportunities to start in Cheltenham
What to know before opening a franchise in Cheltenham
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Cheltenham, situated in the South West, could be a good place to start as there are many brands currently recruiting franchisees in the Cheltenham area. Explore our extensive possibilities in order to find the right brand for you, and you'll be one step closer to starting your own business.
Recent figures show that Cheltenham has a population of 117,000 residents. When broken down by age group, 20-39 year olds represent the largest portion of the population. The community has a 3.8% unemployment rate, which is in line with the national average of 4%. Overall, the region's labour force consists of 64,100 people or 87.6% of the total population. In the United Kingdom, the average gross salary is £30,629; in the Cheltenham area, it is £36,162.
Why Coffee & Wine Bar businesses appeal to franchisees
If you're considering becoming a franchisee in the Coffee & Wine Bar sector, have a look at our 14 franchise options currently available in the field. You will find many business opportunities in the Food industry, including those in the Coffee & Wine Bar sector. Other possibilities include three Donut franchises, five Tea franchises, three Weight Loss franchises, three Natural Food franchises and five Juice franchises. The perfect business to suit your career goals and aspirations might just be among them. Hospitality and Food Services is a well-established industry, providing work for 6,000 people in Cheltenham alone.
Here are three examples of franchise businesses
Really Awesome Coffee operates in the Coffee & Wine Bar sector. There are 54 locations open so far, and the network is expanding. To start your business, you will need an initial investment of £69,000. 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 typically be required. For Really Awesome Coffee, the minimum personal investment is £9,300. These low startup costs make it a good option to pursue for first-time franchisees. You could also receive financial aid, if eligible.
Subway®, open since 2001, is another interesting option. The brand has developed over time and now operates in 2,500 different locations. The brand has acquired valuable experience and expertise over the past 19 years. An investment in this franchise entitles you to financial assistance, if eligible. See our website for details.
Finally, check out Cinnabon, another attractive Coffee & Wine Bar franchise that launched in 2004. Cinnabon has proved itself to be a successful business and leader in the sector in its 16 years since opening. A network of 1,300 franchisees promotes the brand's visibility.
There are 14 franchises waiting to be discovered in the Coffee & Wine Bar sector. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.