Drinks Franchise opportunities to start in Winchester
Winchester: A great location to start a business
Located in South East England, Winchester is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising possibilities in Winchester and take the first step towards managing your own business. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
Winchester has a population of approximately 124,000 people. The 40-59 age group has the highest concentration in the population. The community has 55,200 economically active people, representing 75.7% of the population, with an unemployment rate of 4.2%. This rate is in line with the country's 4% national average. With an average gross annual income of £35,346, salaries in Winchester are higher than the average salary of just over £30,500 across the UK.
Why start a franchise in the Coffee & Wine Bar sector?
If you're interested in becoming a franchisee in the Coffee & Wine Bar sector, have a look at our 14 franchise options currently available in the field. The Food industry offers a range of options in addition to those in the Coffee & Wine Bar sector. These include three Donut franchises, six Milkshake franchises, 23 Food and Beverage franchises, three Weight Loss franchises and five Juice franchises. Check out the brands available to see which could be your perfect match. The Hospitality and Food Services industry provides employment for many people. In Winchester, businesses currently employ 6,000 people in the sector.
Here are three examples of franchise businesses
If you are interested in running a business in the Coffee & Wine Bar sector, read about Esquires Coffee, a brand operating since 2000. Esquires Coffee has proved itself to be a successful business and leader in the field in its 20 years since opening. The brand's network is made up of 103 franchisees, which enhance its visibility. To open your own Esquires Coffee franchise, you will need to invest £225,000, of which at least £85,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. It is thus less appropriate for new investors. If you can't cover the startup costs on your own, you may be eligible for financial aid.
Veeno is another interesting franchise option if you plan to invest in the Coffee & Wine Bar sector. The brand is developing, with eight outlets 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. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. If eligible, you might be entitled to financial aid.
Finally, another option worth considering is Auntie Anne's, a company that opened in 1988. Auntie Anne's now offers its expertise to a loyal customer base, built up over 32 years. With a wide network of 2,000 locations, the brand knows how to support its franchisees. This business opportunity requires a significant initial investment of £145,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Auntie Anne's asks for a minimum personal investment of £40,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. By investing in this franchise, you may qualify for financial assistance. See our website for more information.
If you would like to find out more about franchise opportunities in the Coffee & Wine Bar sector, have a look through our 14 available options. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across many different sectors. Enjoy exploring your options.
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