Drinks Franchise opportunities to start in Bath
Investing in a franchise in Bath
If you'd like to run your own business but don't know where to start, a franchise might just be the answer. Bath, situated in the South West, could be a good place to start as there are many businesses currently recruiting franchisees in the Bath and North East Somerset area. By exploring the sectors that appeal to you the most, you will find the brands that best suit your interests and career objectives.
According to recent census data, there are 192,000 people living in Bath and North East Somerset. The most prevalent age group in the population falls in the 20-39 age bracket. The region has a labour force of 96,900 people, or 80.4% of the total population. The unemployment rate (3.6%) is below par compared to the rest of the United Kingdom. Across the United Kingdom, the average gross income is £30,629. In the Bath and North East Somerset area, it is £30,828.
Could the Coffee & Wine Bar sector be the right choice for you?
The Coffee & Wine Bar sector currently offers 14 franchise opportunities. If this sector appeals to you, have a look at our options. The Coffee & Wine Bar sector is just one example of the options available in the Food sector. Other opportunities include 23 Food and Beverage franchises, three Smoothie franchises, 15 Dessert franchises, six Milkshake franchises and three Donut franchises. Have a browse, the perfect investment opportunity for you could be a few clicks away. If you are thinking about joining the Hospitality and Food Services industry, it may interest you to know that 9,000 people have already made the decision to work in this field in the Bath and North East Somerset area.
Three franchise businesses worth reading about
If the Coffee & Wine Bar sector is your area of interest, Coffee Blue is worth looking at. This brand is developing, counting 10 outlets across the country. You will need to invest £43,305 to open your own Coffee Blue business. At least £8,000 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. Coffee Blue also provides training and assistance to help you run your business successfully.
Really Awesome Coffee could be another good option for you to invest in. By joining its current 54 franchisees, you would be joining a growing brand network. A total of £69,000, an affordable initial investment, is required to start a Really Awesome Coffee franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £9,300 of the total investment should come from your personal funds. 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. The training and assistance provided by Really Awesome Coffee give you the tools to manage your own business efficiently. Financial aid can also be given in some circumstances. See eligibility details on our website.
Lastly, take a look at Veeno another interesting Coffee & Wine Bar franchise that launched in 1970. This brand is growing, counting eight outlets across the United Kingdom. Opening a Veeno business requires an initial investment of £80,000. If you intend to get a loan to cover the startup costs, Veeno asks for a personal investment of at least £35,000. For most franchises, this amount represents 30 to 50% of the total investment. 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. If you can't cover the startup costs on your own, you could see if you qualify for financial assistance. This brand also provides its franchisees with full training and support.
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 business opportunity.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.