Drinks Franchise opportunities to start in Willenhall
Willenhall is an attractive town to invest in
Discover the opportunities waiting for you in Willenhall, situated in the West Midlands. On this page you'll find a selection of brands recruiting franchisees in the Walsall area. Franchising gives you the opportunity to run your own business, complete with training and marketing support. If you already know which line of work you'd like to pursue, check out our franchise options in that sector. If not, look around and see what other options catch your eye. We have businesses to suit all kinds of interests and career objectives.
There are 283,000 people in the Walsall area. When broken down by age range, 0-19 year olds represent the largest portion of the population. Unemployment affects 4% of the UK population. With a rate of 6.7%, unemployment in this area is slightly higher than the national average. The labour force amounts to 130,000 people, making up 75.7% of the population. The region's average gross annual income of £24,014 is lower than the average income of close to £31,000 across the UK.
Running a franchise in the Coffee & Wine Bar sector
If you want to manage your own business in the Coffee & Wine Bar sector, the good news is that there are 14 franchises currently recruiting new franchisees across the country. This is just one of the sectors you could choose within the Food industry. There are also 14 Drinks franchises, three Smoothie franchises, 15 Dessert franchises, three Catering franchises and nine Healthy Food franchises. Have a browse and see if any are a good fit for you. In the Walsall area, the Hospitality and Food Services industry provides work for 4,000 people.
Three brands worth your attention
Initially established in 1988, Auntie Anne's is a competitive brand operating in the Coffee & Wine Bar sector. Auntie Anne's has been operating for 32 years and has acquired many loyal customers as a result. Franchisees benefit from this company's wide network, which operates across 2,000 franchise locations. Opening an Auntie Anne's business requires a significant initial investment of £145,000. If you intend to get a loan to cover the startup costs, Auntie Anne's asks for a personal investment of at least £40,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. You may qualify for financial assistance.
Another brand worth considering is Esquires Coffee. First launched in 2000, the company is now mature and a leader within the sector, having expanded its franchise network for 20 years. The brand has a strong network and good exposure, operating in 103 franchise outlets. This business opportunity requires a substantial initial investment of £225,000. 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. Esquires Coffee asks for a minimum personal investment of £85,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Eligible candidates may apply for financial aid.
Lastly, another option worth considering is CAVAVIN. The brand's network is made up of 160 franchisees, which enhance its visibility. To start your business, you will need an initial investment of £100,000. 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 usually be required. For CAVAVIN, the minimum personal investment is £40,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. If you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for more information.
If you would like to find out more about franchise opportunities in the Coffee & Wine Bar sector, have a look through our 14 available options. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.