Drinks Franchise opportunities to start in Farnham
Farnham and its prospects for new Businesses
Discover the opportunities waiting for you in Farnham, situated in the South West. On this page you'll find a selection of brands recruiting franchisees in the North Dorset area. Franchising is an opportunity to run your own business, complete with training and marketing assistance. We offer a range of realistic new business investment options, so that you can find one you like.
A recent census found that 376,000 people live in North Dorset. Residents aged over 60 years old have the highest concentration within the population. In terms of employment, the region has a labour force of 157,200 people (77.8%), of which the unemployment rate is 2.6%. This figure is significantly lower than the average unemployment rate across the United Kingdom. Salaries in North Dorset average £27,043 a year, while in the United Kingdom the average income is close to £31,000.
Why the Coffee & Wine Bar sector appeals to franchisees
If you wish to operate a Coffee & Wine Bar franchise, you are likely to find one that interests you among 14 available across the UK. Bear in mind that the Food sector offers many investment opportunities in addition to those in the Coffee & Wine Bar sector. Have a browse through our four Waffle franchise, eight Ice Cream franchises, 11 Sweets franchises, five Chocolate franchises and 14 Drinks franchises to see if any suit your career goals and aspirations.
Three franchises that might interest you
If you like the idea of starting a business in the Coffee & Wine Bar sector, Dunkin' Donuts could be an option for you. First established in 1970, Dunkin' Donuts has acquired substantial customer loyalty over its 50 years in business. It is now firmly rooted in the market, counting 11,000 franchise locations. A total of £3,000,000, a significant initial investment, is required to start a Dunkin' Donuts franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £1,200,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees. An investment in this franchise entitles you to financial aid, if eligible.
You could also consider Veeno. By joining its network of eight franchisees, you could play a part in this brand's success. Opening a Veeno franchise will require you to invest a minimum of £80,000. At least £35,000 of this should come from your own personal investment. 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. Eligible candidates may apply for financial aid.
Esquires Coffee is a third interesting investment opportunity in the Coffee & Wine Bar sector. Initially established in 2000, Esquires Coffee has proved itself to be a successful business and leader in the field in its 20 years since opening. The brand runs in 103 franchise locations which make up a strong business network. To start your business, you will need an initial investment of £225,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Esquires Coffee, the minimum personal investment is £85,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
If you are interested in the Coffee & Wine Bar sector and would like to discover more franchising options, take a look at the 14 brands available in this sector. With close to 250 new business investment opportunities to choose from across various sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.