Drinks Franchise opportunities to start in Yeovil
What to consider when opening a franchise in Yeovil
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our selection of brands in Yeovil, located in the South Somerset area in the South West, where many companies are currently recruiting. By exploring the sectors that appeal to you the most, you will find the brands that best suit your interests and career objectives.
South Somerset has a population of approximately 168,000 people. When broken down by age range, the majority of the population falls within the 60+ category. Unemployment affects 4% of the UK population. With a rate of 1.9%, unemployment in this area is significantly lower than the national average. The economically active population amounts to 77,600 people, making up 82.1% of the population. The region's average gross annual income of £24,883 is slightly lower than the average income of just over £30,500 across the United Kingdom.
Why start a business in the Coffee & Wine Bar sector?
There are currently 14 opportunities to invest in the Coffee & Wine Bar sector. If you would like to operate a business in this sector, keep reading. The Coffee & Wine Bar sector is just one sector among many in the Food industry. Its eight Ice Cream franchises, seven Vegan franchises, five Tea franchises, three Natural Food franchises and three Smoothie franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting investment opportunity. If you want to run a business in the Hospitality and Food Services industry, it could be useful to know that companies in the field currently employ 5,000 people in the South Somerset area.
Eager to know more? Here are three franchise business examples
If you're planning to invest in the Coffee & Wine Bar sector, take a look at Tubz Vending. The brand operates in 300 franchise locations which make up a well-established business community. Opening a Tubz Vending business requires an initial investment of £3,295. These low startup costs make this a good franchising option for first-time franchisees. A large premises will also be required to operate this business. If you can't cover the startup costs on your own, you could see if you qualify for financial aid.
If the Coffee & Wine Bar sector appeals to you, Really Awesome Coffee is another option you could have a look at. By joining its network of 54 franchisee, you could contribute to this brand's success. In order to open a Really Awesome Coffee business, a reasonable initial investment of £69,000 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. Really Awesome Coffee requires a personal investment of at least £9,300. Given these low startup costs, this option could be suitable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
Lastly, check out Punch Pubs & Co, another interesting Coffee & Wine Bar franchise. It is now firmly rooted in the market, counting 1,300 franchise outlets. Starting a Punch Pubs & Co franchise will require you to invest a minimum of £13,000. At least £8,000 of this should come from your own personal investment. 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 large premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for details.
If you would like to find out more about franchise opportunities in the Coffee & Wine Bar sector, have a browse through our 14 available options. If you're still torn between different sectors, no problem! Point Franchise offers 236 franchising opportunities across many different sectors. Enjoy exploring your options.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.