Drinks Franchise opportunities to start in Basingstoke
Basingstoke could be home to your new business
Basingstoke, located in the South East of England, offers a variety of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Basingstoke and Deane area. We offer a range of realistic new business investment options, so that you can find one you like.
According to recent census data, there are 176,000 people living in Basingstoke and Deane. When broken down by age group, 40-59 year olds represent the largest portion of the population. The 2.5% unemployment rate among the 94,900 economically active people in the area is significantly lower than the UK average. The area's average gross annual income of £34,367 is higher than the average income of just over £30,500 across the UK.
Why the Coffee & Wine Bar sector appeals to franchisees
Across the United Kingdom, there are 14 franchises in the Coffee & Wine Bar sector. The Coffee & Wine Bar sector is part of the Food industry which offers a wide selection of interesting options. These include three Natural Food franchises, five Tea franchises, three Catering franchises, five Juice franchises and 15 Dessert franchises. See if any catch your eye. If you are thinking about joining the Hospitality and Food Services industry, you may be interested to know that 4,500 people have already made the decision to work in this industry in the Basingstoke and Deane area.
Eager to know more? Here are three franchise business examples
If you are interested in opening a franchise in the Coffee & Wine Bar sector, CAVAVIN could be an option for you. The brand benefits from a strong network and good visibility, operating in 160 franchise locations. In order to open a CAVAVIN business, a substantial initial investment of £100,000 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. CAVAVIN asks for a personal investment of at least £40,000. 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. If you can't cover the startup costs on your own, you may qualify for financial assistance.
Cinnabon is another interesting franchising opportunity if you plan to invest in the Coffee & Wine Bar sector. Launched in 2004, Cinnabon has proved itself to be a successful business and leader in the field in its 16 years since opening. With a significant network of 1,300 outlets, the brand knows how to support its franchisees.
Finally, you could also consider Caprinos Pizza. There are 16 franchises open so far, and the network is expanding. To start your business, you will need an initial investment of £65,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Caprinos Pizza, the minimum personal investment is £50,000. 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.
Many businesses are already operating in the Coffee & Wine Bar sector. We currently have 14 franchise opportunities available in the sector. If you're still torn between different sectors, no problem! Point Franchise offers 238 franchising opportunities across a variety of sectors. Enjoy exploring your options.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.