Drinks Franchise opportunities to start in Weston-Super-Mare
Why should you invest in Weston-Super-Mare?
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Weston-Super-Mare, situated in South West England, could be a good place to start as there are many businesses currently recruiting franchisees in the North Somerset area. There are a variety of franchising options available based on your budget and career goals. Have a look to find the brand that appeals to you most.
There are approximately 214,000 people currently living in North Somerset. Residents aged over 60 years old make up the prevalent age group within the population. The community has a 3.9% unemployment rate, which is in line with the national average of 4%. There are 103,900 economically active people in the region, representing 83.9% of the total population. The average gross income in the United Kingdom is close to £31,000. Residents of North Somerset earn £29,474 a year on average.
Investment opportunities in the Coffee & Wine Bar sector
Across the UK, there are 14 franchises operating in the Coffee & Wine Bar sector. Could an opening business in the Coffee & Wine Bar sector, or in the Food industry more widely, help you reach your career goals and aspirations? Have a look at the three Donut franchises, 11 Sweets franchises, four Waffle franchises, three Wine franchises and six Milkshake franchises recruiting at this time. If you would like to work in the Hospitality and Food Services industry, it may interest you to know that, in the North Somerset area, 8,000 people currently work in the industry.
Eager to find out more? Here are three franchise business examples
NKD Pizza is an interesting franchise operating in the Coffee & Wine Bar sector. By joining its network of 25 franchisees, you could contribute to this brand's success. A large premises will be required to operate this business. If you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
Rooster Shack is an interesting investment opportunity in the Coffee & Wine Bar sector. By joining its two franchises already in operation, you could contribute to this company's expansion. You will need to invest £150,000 to start operating your own Rooster Shack business, which is a significant initial investment. Your personal investment should account for at least £75,000 of the total amount. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. If eligible, you might be able to benefit from financial assistance.
Finally, Caprinos Pizza could be another good option for you to invest in. The brand is expanding, with 16 outlets already in operation, and a desire to expand further. This business requires an initial investment of £65,000. If you intend to get 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 Caprinos Pizza business is £50,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. You could also benefit from financial aid, if eligible. See eligibility details on our website.
If you are thinking about opening a franchise business in the Coffee & Wine Bar sector, you might be interested to browse our 14 available brands. You will find a total of close to 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.