Drinks Franchise opportunities to start in Bromsgrove
Bromsgrove could be home to your new business
If you're considering running your own business in Bromsgrove, located in the West Midlands, you should look at franchising options. Several brands are currently recruiting in the Bromsgrove area. As a franchisee you could manage your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. Exploring our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
Bromsgrove has an estimated population of 99,000 people. Residents aged over 60 years old are the most represented within the population. The community has 48,100 economically active people, representing 83.9% of the population, with an unemployment rate of 4.4%. This rate is slightly higher than the country's 4% national average. Residents in the area earn £33,414 per year on average. This income is higher than the country's average gross income, which reaches close to £31,000.
The Coffee & Wine Bar sector and its business options
There are currently 14 opportunities to invest in the Coffee & Wine Bar sector. If you would like to run a business in this field, keep reading. In fact, we have a wide range of options in the Food sector including the franchises in the Coffee & Wine Bar sector. You can choose from 14 Drinks franchises, three Natural Food franchises, eight Ice Cream franchises, three Catering franchises and seven Vegan franchises today. Opening a business is not a simple feat, but becoming a franchisee makes managing your own business much more feasible. The Bromsgrove area offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 3,000 people. So, what is stopping you from starting your own business in Bromsgrove today?
Want to know more? Read about these three brands
If the Coffee & Wine Bar sector is your area of interest, Esquires Coffee is worth considering. In business since 2000, the brand is now mature and a leader within the sector, having expanded its franchise network for 20 years. The brand operates in 103 franchise locations which make up a strong business community. You will need to invest £225,000 to open your own Esquires Coffee business. At least £85,000 of this substantial amount should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Esquires Coffee can support you with comprehensive training and assistance to help your business reach its full potential. What's more, financial assistance is available for eligible franchisees.
Veeno is another successful business operating in the Coffee & Wine Bar sector. The brand is growing, with eight locations currently in operation, and a desire to expand further. In order to open a Veeno business, an initial investment of £80,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Veeno asks for a personal investment of at least £35,000. It is thus less appropriate for new investors. A large premises will also be required to operate this business. When investing in this franchise, you can benefit from the assistance and support of an established brand and you could even qualify for financial aid. See eligibility details on our website.
Lastly, Cinnabon is another interesting investment opportunity if you plan to invest in the Coffee & Wine Bar sector. Launched in 2004, Cinnabon now has over 16 years of experience under its belt. Franchisees benefit from this company's wide network, which operates across 1,300 franchise locations. Cinnabon also provides training and support to help you run your business successfully.
Many businesses are already operating in the Coffee & Wine Bar sector. We currently have 14 franchise opportunities available in the sector. With 238 franchising opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.