Drinks Franchise opportunities to start in Northampton
Why should you invest in Northampton?
You could start your own business by becoming a franchisee in Northampton. There are a number of franchise options to choose from in Northampton, located in the East Midlands. Have a look at our range of brands and start running your own business with a team behind you. Browsing our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
There are 225,000 people living in the Northampton region. When broken down by age group, the 20-39 age range is the most prevalent in the population. The local unemployment rate of 5.1% among 120,300 economically active people, or 83.0% of the population, is slightly higher than the average in the UK. The average annual income across the United Kingdom is close to £31,000. With a gross salary averaging £29,501, residents of Northampton have a salary comparable to the national average.
Why the Coffee & Wine Bar sector might be a good option for you
There are 14 brands currently recruiting franchisees in the Coffee & Wine Bar sector. If this sector appeals to you, check them out. The Coffee & Wine Bar sector is just one example of a sector you could invest in. Could your ideal business be among our 11 Sweets franchises, three Catering franchises, 23 Food and Beverage franchises, three Natural Food franchises and seven Vegan franchises available in the Food industry? Have a browse to find out. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Northampton area, 7,000 people work for Hospitality and Food Services businesses.
Three franchise business examples worth looking at
There are many interesting franchising possibilities in the Coffee & Wine Bar sector. Take Esquires Coffee for example, a brand that was first established in 2000. Esquires Coffee has gained valuable experience in the sector in its 20 years since first opening. The brand has a strong network and good visibility, operating in 103 franchise outlets. In order to start an Esquires Coffee business, a substantial initial investment of £225,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Esquires Coffee requires 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. If you choose to invest in this franchise, you will be offered comprehensive training and support, giving your business the best possible chance to thrive. Financial assistance is also available, providing you meet the eligibility criteria. Visit our website for more information.
Check out Dunkin' Donuts, another competitive Coffee & Wine Bar franchise that launched in 1970. Dunkin' Donuts now offers its expertise to a loyal customer base, built up over 50 years. It is now firmly rooted in the market, counting 11,000 franchise locations. You will need to invest £3,000,000 to open your own Dunkin' Donuts business. At least £1,200,000 of this substantial amount should come from your own personal investment. It is thus less appropriate for new investors. Dunkin' Donuts also provides training and support to help you run your business efficiently.
Lastly, Subway® is another successful brand that has been operating in the Coffee & Wine Bar sector since 2001. Subway® has developed a comprehensive support package, based on 19 years of experience in the business. With a vast network of 2,500 outlets, the brand knows how to support its franchisees. An investment in this franchise entitles you to expert training and support
The Coffee & Wine Bar sector offers 14 franchising options. Point Franchise has almost 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.