Drinks Franchise opportunities to start in Newbury
Starting a franchise business in Newbury
Would you like to run your own business? Newbury, located in the South East of England, could be a good place to start. There are many brands currently recruiting franchisees in the West Berkshire area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. We offer a number of franchises to suit different budgets and career goals. Have a look at our selection of businesses and sectors to see what might suit you.
There are 159,000 people living in the West Berkshire region. Residents aged 40 to 59 years old make up the majority of the population. The 2.7% unemployment rate among 83,100 economically active people in the area is significantly lower than the national average. Salaries in West Berkshire average £38,416 a year, while in the UK the average income is just over £30,500.
The Coffee & Wine Bar sector and its franchising options
The Coffee & Wine Bar sector currently offers 14 franchise opportunities. If this sector appeals to you, check out our options. Many brands offer franchise opportunities in other sectors within the Food industry. For instance, there are three Catering franchises, three Smoothie franchises, nine Healthy Food franchises, six Milkshake franchises and five Juice franchises. You'll find options to suit many different career objectives and aspirations. If you're interested in the Hospitality and Food Services industry, you're not alone. In West Berkshire, 6,000 people currently work in the field.
Three franchises that could interest you
If you would like to invest in a Coffee & Wine Bar business, you could consider Rooster Shack. By joining its current two franchisees, you would be joining a growing brand network. You will need to invest £150,000 to open your own Rooster Shack business. At least £75,000 of this significant amount should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. The training and assistance provided by Rooster Shack give you the tools to manage your own business successfully. Financial assistance can also be provided in some circumstances.
Another interesting investment opportunity is Veeno. The brand is growing, with eight locations already in operation, and a desire to expand further. Opening a Veeno business requires an initial investment of £80,000. At least £35,000 should come from your own personal 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. You may feel more secure in starting a Veeno franchise knowing that franchisees are provided with full training, assistance and support. Eligible candidates may also apply for financial aid. Visit our website for details.
Lastly, another brand worth considering is Cinnabon. First launched in 2004, the company is now mature and a leader within the sector, having developed its franchise community for 16 years. A network of 1,300 franchisees promotes the brand's visibility. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Cinnabon can support you with comprehensive training and assistance to help your business reach its full potential.
If you are interested in the Coffee & Wine Bar sector and would like to know more about its available franchising opportunities, explore the 14 businesses currently recruiting franchisees in the sector. If you're interested in exploring franchising opportunities in other sectors, Point Franchise has 238 brands to pick from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.