Drinks Franchise opportunities to start in Coventry
Coventry: A great location to start a business
Discover the possibilities waiting for you in Coventry, situated in the West Midlands. On this page you'll find a selection of brands recruiting franchisees in the Coventry area. Franchising is an opportunity to operate your own business, complete with training and marketing support. We offer franchise investment opportunities in a variety of sectors. Why not look into the sector that appeals to you the most?
According to recent census data, 367,000 people live in Coventry. The most prevalent age range in the population is 20 to 39 years old. The labour force constitutes 77.2% of the population, or approximately 189,500 people. The region has an unemployment rate of 5.4% which is slightly higher than the UK average of 4%. Salaries in Coventry average £27,799 a year, while in the UK the average income is just over £30,500.
Why open a franchise in the Coffee & Wine Bar sector?
The Coffee & Wine Bar sector currently offers 14 franchise opportunities. If this sector appeals to you, take a look at our options. The Coffee & Wine Bar sector is actually part of the Food industry which offers a wider selection. There are currently five Chocolate franchises, four Waffle franchises, six Bakery franchises, three Wine franchises and 23 Food and Beverage franchises recruiting at this time. Amongst these options, there is likely to be one to suit your career goals and aspirations. In the Coventry area, the Hospitality and Food Services industry provides employment for 8,000 people.
Here are three examples of franchise businesses
Veeno is a competitive business operating in the Coffee & Wine Bar sector. Starting a Veeno business requires an initial investment of £80,000. At least £35,000 should come from your own personal investment. It is thus less appropriate for new investors. A large premises will also be required to operate this business. Training and assistance provided by Veeno will help you steer your business in the right direction. And, if eligible, you might be entitled to financial aid. See our website for details.
The Coffee & Wine Bar sector has many brands worth considering. Check out Dunkin' Donuts. First established in 1970, the brand has grown a devoted following over the past 50 years. The brand has expanded over time and now runs in 11,000 different locations. To start your own Dunkin' Donuts franchise, you will need to invest £3,000,000, of which at least £1,200,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will have all the guidance you need to manage your business thanks to the training and support provided by Dunkin' Donuts.
Lastly, another interesting investment opportunity is Subway®, which launched in 2001. Subway® now has over 19 years of experience under its belt. It is now firmly rooted in the market, counting 2,500 franchise outlets. An investment in this franchise entitles you to expert training and support
If working in the Coffee & Wine Bar sector appeals to you, have a look at our 14 available franchising options in the sector. At Point Franchise, we have 238 new business investment opportunities available, giving you plenty to choose from in other sectors too.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.