Drinks Franchise opportunities to start in Solihull
Why should you invest in Solihull?
The franchising possibilities in Solihull, located in the West Midlands, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to find out which brands you could work within Solihull. If you already know which line of work you'd like to pursue, check out our franchise opportunities in that sector. If not, have a browse and see what other options catch your eye. We have businesses to suit many different interests and career objectives.
The population of Solihull is 215,000. The 40-59 age range has the highest concentration in the population. The community has a 3.9% unemployment rate, which is in line with the national average of 4%. There are 101,800 economically active people in the region, representing 79.7% of the total population. The annual income in the United Kingdom is just over £30,500 on average. The people of Solihull earn an average annual salary of £36,450, significantly higher than the country's average.
The Coffee & Wine Bar sector and its investment options
In the United Kingdom, there are 14 franchises recruiting in the Coffee & Wine Bar sector. The Food industry offers a variety of options in addition to those in the Coffee & Wine Bar sector. These include seven Vegan franchises, three Natural Food franchises, eight Ice Cream franchises, three Smoothie franchises and six Bakery franchises. Take a look at the brands available to see which could be your perfect match. Interesting fact: companies in Hospitality and Food Services employ 9,000 people in the Solihull area. This could be your opportunity to open a successful business of your own!
Have a look at three franchise business examples
If you are interested in running a business in the Coffee & Wine Bar sector, read about Veeno. The brand is expanding, with eight locations already in operation, and a desire to expand further. This business opportunity requires an initial investment of £80,000. 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. Veeno requires a minimum personal investment of £35,000. It is thus less appropriate for new investors. Large premises will also be required to operate this business. Veeno could be a good option for you, as the company provides comprehensive training and support. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid. See our website for details.
Another option worth considering is Really Awesome Coffee. This brand is growing, counting 54 locations in the UK. Opening a Really Awesome Coffee business requires a reasonable initial investment of £69,000. If you intend to get a loan to cover the startup costs, Really Awesome Coffee asks for a personal investment of at least £9,300. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. An investment in this franchise entitles you to expert training and support as well as financial assistance, if eligible.
Lastly, if the Coffee & Wine Bar sector appeals to you, Esquires Coffee is another option you could have a look at. Initially established in 2000, Esquires Coffee has gained valuable experience in the sector in its 20 years since first opening. The brand operates in 103 franchise locations which make up a strong business community. In order to start an Esquires Coffee business, a significant initial investment of £225,000 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. Esquires Coffee asks for a personal investment of at least £85,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. The training and assistance provided by Esquires Coffee give you the tools to manage your own business efficiently. Financial aid can also be provided in some circumstances. See our website for details.
If working in the Coffee & Wine Bar sector appeals to you, check out our 14 available franchising options in the sector. If you're interested in exploring investment options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.