Drinks Franchise opportunities to start in Eastleigh
Why should you invest in Eastleigh?
Many brands are currently looking for franchisees in Eastleigh, located in the South West. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the North Devon area. Why not have a look through our selection of new business investment options? There are opportunities to suit various needs and business goals.
North Devon has a population of approximately 96,000 people. The majority of residents are aged over 60 years old. Residents in the area earn £22,123 per year on average. This income is lower than the country's average gross salary, which reaches close to £31,000.
The Coffee & Wine Bar sector: An interesting opportunity for franchisees
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 sector among many in the Food industry. Its 11 Sweets franchises, eight Ice Cream franchises, three Natural Food franchises, six Bakery franchises and three Weight Loss franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting franchising opportunity. If you are considering joining the Hospitality and Food Services industry, it may interest you to know that 6,000 people have already made the decision to work in this field in the North Devon area.
Have a look at three franchise business examples
Really Awesome Coffee is an interesting franchise operating in the Coffee & Wine Bar sector. There are 54 locations open so far, and the network is expanding. You will need to invest £69,000 to start your own Really Awesome Coffee business. At least £9,300 of this affordable amount should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. If eligible, you might be able to benefit from financial aid.
Another interesting investment opportunity is Punch Pubs & Co. The brand has developed over time and now operates in 1,300 different locations. Opening a Punch Pubs & Co business requires an affordable initial investment of £13,000. If you plan on getting a loan to cover the startup costs, Punch Pubs & Co asks for a personal investment of at least £8,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this option could be suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. Financial assistance is available for eligible franchisees.
Lastly, another brand worth considering is Veeno. The brand is growing, with eight outlets already in operation, and a desire to expand further. An initial investment of £80,000 will enable you to start your own Veeno business. In most cases, your personal investment should represent 30 to 50% of the total amount. Veeno requires you to personally invest at least £35,000. You could potentially apply for a loan to cover the remaining costs. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. If you can't afford the startup costs on your own, you may qualify for financial aid. See our website for more information.
There are currently 14 available franchise options in the Coffee & Wine Bar sector. Check out these brands to see if there's a good fit for you. Point Franchise currently has a total of 236 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.
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