Drinks Franchise opportunities to start in Milton Keynes
Investing in a franchise in Milton Keynes
The Milton Keynes area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Milton Keynes. If you already know which line of work you'd like to pursue, look into our franchise opportunities in that sector. If not, have a look and see what other options catch your eye. We have brands to suit all kinds of interests and career objectives.
According to recent census data, 269,000 people live in Milton Keynes. The 0-19 age range has the highest concentration in the population. The region has 140,300 economically active people, representing 82.2% of the population, with an unemployment rate of 4.8%. This rate is slightly higher than the country's 4% national average. The average gross income in the UK is close to £31,000. Residents of Milton Keynes earn £32,644 a year on average.
Does the Coffee & Wine Bar sector appeal to you?
If you wish to operate a Coffee & Wine Bar franchise, you are likely to find one that interests you among 14 available across the UK. 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, six Milkshake franchises, eight Ice Cream franchises, five Juice franchises and five Tea franchises available in the Food industry? Have a browse to find out.
Read about these three brands to see what franchise options exist
If you're interested in the Coffee & Wine Bar sector, take a look at Auntie Anne's. The brand has expanded over time and now operates in 2,000 different locations. It has been operating since 1988. Auntie Anne's has acquired many devoted customers over the past 32 years. This business opportunity requires a substantial initial investment of £145,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Auntie Anne's requires a minimum personal investment of £40,000. It is thus less appropriate for new investors. If you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Another option to consider is Punch Pubs & Co. Franchisees benefit from this company's wide network, which operates across 1,300 franchise locations. This business requires an affordable initial investment of £13,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Punch Pubs & Co business is £8,000. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. A small premises will also be required to operate this business. If you can't cover the startup costs on your own, you may be eligible for financial aid.
Finally, Coffee Blue could be another good option for you to invest in. By joining its 10 franchises already in operation, you could contribute to this company's expansion. To start your business, you will need an initial investment of £41,945. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Coffee Blue, the minimum personal investment is £8,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. Financial aid can be given in some circumstances. See our website for more information.
The Coffee & Wine Bar sector has many successful franchise businesses. We currently have 14 options available in this sector. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of close to 250 franchising possibilities.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.