Drinks Franchise opportunities to start in Portsmouth
Portsmouth is an attractive town to invest in
Discover the business options waiting for you in Portsmouth, situated in the South East of England. On this page you'll find a selection of brands that could make you a franchisee in the Portsmouth area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. There are a number of franchising opportunities available based on your budget and career objectives. Have a browse to find the brand that appeals to you most.
A recent census found that 215,000 people live in Portsmouth. Residents in the 20-39 age group make up the largest portion of the population. The economically active population in Portsmouth amounts to 106,700 people, with an unemployment rate of 4.1%. This rate is in line with the national average. Across the United Kingdom, the annual gross salary is close to £31,000 on average. In the region of Portsmouth, it is £25,913.
What the Coffee & Wine Bar sector could offer you
Across the UK, there are 14 franchises operating in the Coffee & Wine Bar sector. The Coffee & Wine Bar sector is part of the Food industry, which also offers three Smoothie franchises, five Tea franchises, five Chocolate franchises, 14 Drinks franchises and four Waffle franchises. The right business to suit your career goals and aspirations might just be among them. If you would like to operate a business in the Hospitality and Food Services industry, it could be useful to know that companies in the industry currently employ 9,000 people in the Portsmouth area.
Take a look at three franchise business examples
Cinnabon is a competitive business operating in the Coffee & Wine Bar sector. First established in 2004, Cinnabon has proved itself to be a successful business and leader in the field in its 16 years since opening. You may feel more secure in opening a Cinnabon franchise knowing that franchisees are provided with full training, assistance and support.
Another possibility to consider is Snappy Tomato Pizza. By joining its 19 franchises already in operation, you could contribute to this brand's expansion. To start your business, you will need an initial investment of £25,000. 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 typically be required. For Snappy Tomato Pizza, the minimum personal investment is £5,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. A large premises will also be required to operate this business. Training and assistance provided by Snappy Tomato Pizza will help you lead your business in the right direction.
Lastly, Really Awesome Coffee is another successful business operating in the Coffee & Wine Bar sector. The brand is growing, with 54 locations already in operation, and a desire to expand further. You will need to invest £69,000 to begin running your own Really Awesome Coffee business, which is an affordable initial investment. Your personal investment should account for at least £9,300 of the total amount. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. This investment entitles you to training, assistance and support from Really Awesome Coffee. You could also receive financial aid, if eligible. See our website for details.
There are 14 franchises waiting to be discovered in the Coffee & Wine Bar sector. On Point Franchise, there is plenty of choice in other sectors as well. We have 238 new business investment opportunities in total to choose from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.