Drinks Franchise opportunities to start in Totton
Totton and its prospects for new Businesses
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our range of brands in Totton, located in the New Forest area in South East England, where many businesses are currently recruiting. With your interests and business objectives in mind, have a look at our selection of new business investment options.
According to recent census data, there are 180,000 people living in New Forest. When broken down by age group, 60+ year olds represent the largest portion of the population. The annual income in the UK is £30,629 on average. The people of New Forest earn an average annual salary of £29,193, in line with the country's average.
What the Coffee & Wine Bar sector could offer you
Across the United Kingdom, there are currently 14 opportunities to run your own franchise in the Coffee & Wine Bar sector. The Coffee & Wine Bar sector is part of the Food industry, which also offers three Natural Food franchises, three Catering franchises, 15 Dessert franchises, 23 Food and Beverage franchises and three Weight Loss franchises. The right business to suit your career goals and aspirations might just be among them. If you would like to work in the Hospitality and Food Services industry, you may be interested to know that, in the New Forest area, 7,000 people currently work in the industry.
Three franchise business examples
Take a look at Really Awesome Coffee. By joining its network of 54 franchisees, you could contribute to this brand's success. You will need an initial investment of £69,000 to open your own Really Awesome Coffee business. Your personal investment should account for at least £9,300 of the total amount. You may want to think about getting a loan to start a business in this sector. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. An investment in this franchise entitles you to financial assistance, if eligible.
You could also consider CAVAVIN. The brand has a well-established network and good exposure, operating in 160 franchise locations. You will need to invest £100,000 to open your own CAVAVIN business. At least £40,000 of this substantial amount should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible.
Finally, if the Coffee & Wine Bar sector appeals to you, Coffee Blue is another option you could have a look at. The brand is developing, with 10 outlets currently in operation, and a desire to expand further. This business opportunity requires a reasonable initial investment of £41,945. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Coffee Blue asks for a minimum personal investment of £8,000. Given these low startup costs, this option could be suitable for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial aid. See our website for more information.
The Coffee & Wine Bar sector offers many interesting investment opportunities, including our 14 franchise options. You will find a total of almost 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.