Drinks Franchise opportunities to start in Leighton Buzzard
What to know before opening a franchise in Leighton Buzzard
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Leighton Buzzard, situated in the East of England, could be a good place to start as there are many businesses currently recruiting franchisees in the Central Bedfordshire area. There are a variety of franchising opportunities available based on your budget and career goals. Have a look to find the brand that appeals to you most.
There are an estimated 284,000 people in the Central Bedfordshire area. The most represented age group is 40-59 years old. The 1.1% unemployment rate among 146,700 economically active people in the region is significantly lower than the national average. Salaries in Central Bedfordshire average £33,508 a year, while in the United Kingdom the average salary is £30,629.
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. The Coffee & Wine Bar sector is part of the Food sector which offers a wide selection of interesting options. These include three Smoothie franchises, eight Ice Cream franchises, four Waffle franchises, five Tea franchises and 23 Food and Beverage franchises. See if any catch your eye. If you want to operate a business in the Hospitality and Food Services industry, it could be useful to know that companies in the field currently employ 9,000 people in the Central Bedfordshire area.
Three examples of available franchise business options
If you're interested in the Coffee & Wine Bar sector, check out Punch Pubs & Co. Franchisees benefit from this brand'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. You could also benefit from financial aid, if eligible.
Another option to consider is Tubz Vending. The brand runs in 300 franchise locations which make up a well-established business network. Initially, you would need to invest £3,295 to get your own Tubz Vending business up and running. 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. When investing in this franchise, you could qualify for financial assistance.
Lastly, another option worth considering is Veeno. This brand is expanding, counting eight locations in the UK. You will need to invest £80,000 to open your own Veeno business. At least £35,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. By investing in this franchise, you may be eligible for financial support. Visit our website for more information.
The Coffee & Wine Bar sector offers 14 franchising options. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a range of sectors to help you find your perfect investment opportunity.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.