Drinks Franchise opportunities to start in Andover
Why should you invest in Andover?
You could open your own business by becoming a franchisee in Andover. Test Valley, located in the South East of England, offers a variety of new business investment opportunities. On this page, you'll find a selection of companies looking for franchisees. We offer a number of franchises to suit various budgets and career goals. Take a look at our range of brands and sectors to see what might suit you.
According to recent census data, 125,000 people live in Test Valley. The 40-59 age group has the highest concentration within the population. Test Valley has an unemployment rate of 4% within its labour force of 60,500 people. This rate is comparable to the UK average. With an average gross annual income of £30,680, salaries in Test Valley are in line with the average income of £30,629 across the UK.
Running a franchise in the Coffee & Wine Bar sector
Across the United Kingdom, there are 14 franchises in the Coffee & Wine Bar sector. The Coffee & Wine Bar sector is actually part of the Food and beverage sector which offers a wider selection. There are currently five Juice franchises, six Milkshake franchises, 14 Drinks franchises, three Wine franchises and three Weight Loss franchises recruiting at this time. Amongst these options, there is likely to be one to suit your career goals and aspirations. You may be interested to know that businesses in the Test Valley area currently employ 4,000 people in the Hospitality and Food Services industry.
Check out three available franchise options
The Coffee & Wine Bar sector offers a variety of brands to choose from, including Coffee Blue. This brand is expanding, counting 10 outlets across the UK. Starting a Coffee Blue business requires an affordable initial investment of £43,305. If you plan on getting a loan to cover the startup costs, Coffee Blue asks for a personal investment of at least £8,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this option could be suitable for first-time franchisees. Coffee Blue provides comprehensive training and support to help you build a successful business of your own. Furthermore, you may qualify for financial assistance.
Really Awesome Coffee is another interesting option. By joining its current 54 franchisees, you would become a part of a growing brand network. In order to open a Really Awesome Coffee business, an affordable initial investment of £69,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Really Awesome Coffee requires a personal investment of at least £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 you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Really Awesome Coffee can support you with comprehensive training and assistance to help your business reach its full potential. What's more, financial support is available for eligible franchisees.
Lastly, Esquires Coffee is another interesting franchising opportunity if you plan to invest in the Coffee & Wine Bar sector. Launched in 2000, Esquires Coffee now has over 20 years of experience under its belt. The brand benefits from a strong network and good visibility, running in 103 franchise outlets. Starting an Esquires Coffee business requires a substantial initial investment of £225,000. If you intend to get a loan to cover the startup costs, Esquires Coffee asks for a personal investment of at least £85,000. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. When investing in this franchise, you can benefit from the assistance and support of an established brand and you could even be eligible for financial aid. Visit our website for more information.
Opening a business in the Coffee & Wine Bar sector has great potential. If you're interested, explore our 14 available opportunities. If you're interested in exploring franchising opportunities in other sectors, Point Franchise has almost 250 brands to pick from.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.