Drinks Franchise opportunities to start in Ferndown
What can Ferndown offer to new businesses?
Would you like to start a business in Ferndown, located in South West England? Would you like to work for yourself but not on your own? If so, check out our franchising opportunities. On this page, you'll find several brands offering the training and support you need to run your own business in the Dorset area. We offer franchise investment options in many different sectors. Why not explore the sector that appeals to you the most?
According to recent census data, there are 376,000 people living in Dorset. Residents in the 60+ age group make up the largest portion of the population. Unemployment affects 4% of the UK population. With a rate of 2.6%, unemployment in this area is significantly lower than the national average. The economically active population amounts to 157,200 people, representing 77.8% of the population. Residents of Dorset have an annual average income of £27,043. In comparison, the average gross salary in the UK is just over £30,500.
The Coffee & Wine Bar sector and its investment opportunities
There are 14 franchises in the Coffee & Wine Bar sector to choose from. This is just one of the sectors you could choose within the Food industry. There are also three Smoothie franchises, six Milkshake franchises, 11 Sweets franchises, three Natural Food franchises and six Bakery franchises. Have a browse and find out if any are a good fit for you.
Eager to know more? Here are three franchise business examples
There are many interesting franchising possibilities in the Coffee & Wine Bar sector. Take CAVAVIN for example. The brand's network is significant, counting 160 outlets across the UK. You will need to invest £100,000 to begin running your own CAVAVIN business, which is a substantial initial investment. Your personal investment should account for at least £40,000 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.
Really Awesome Coffee is another interesting franchise option if you plan to invest in the Coffee & Wine Bar sector. This brand is developing, counting 54 locations across the UK. This business requires a reasonable initial investment of £69,000. 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 Really Awesome Coffee business is £9,300. 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. If eligible, you might be able to benefit from financial assistance.
Finally, Coffee Blue is another successful brand operating in the Coffee & Wine Bar sector. By joining its current 10 franchisees, you would be joining a growing brand network. A total of £41,945, a reasonable initial investment, is required to start a Coffee Blue franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £8,000 of the total investment should come from your personal funds. Given these low startup costs, this option could be suitable for first-time franchisees. When investing in this franchise, you could be eligible for financial aid. Visit our website for details.
There are 14 franchises waiting to be discovered in the Coffee & Wine Bar sector. Don't forget that we offer new business investment ranges across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of almost 250 franchising possibilities.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.