Drinks Franchise opportunities to start in Wokingham
Investing in Wokingham could be your next move
Wokingham, located in the South East of England, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Wokingham area. We offer franchise investment opportunities in a variety of sectors. Why not check out the sector that appeals to you the most?
The population of Wokingham is made up of 168,000 residents. When broken down by age group, the 40-59 age range is the most prevalent in the population. In terms of employment, the area has an economically active population of 83,400 people (82.7%), of which the unemployment rate is 1.9%. This figure is significantly lower than the average unemployment rate across the country. The region's average gross annual income of £39,411 is significantly higher than the average income of £30,629 across the UK.
What the Coffee & Wine Bar sector could offer you
If you want to run your own business in the Coffee & Wine Bar sector, the good news is that there are 14 franchises currently recruiting new franchisees across the country. Bear in mind that the potential for exciting business ventures in the Food industry is not limited to the Coffee & Wine Bar sector. Other available investment options include three Donut franchises, three Natural Food franchises, 14 Drinks franchises, three Smoothie franchises and seven Vegan franchises. See if there's one to suit your business goals. In the Wokingham area, the Hospitality and Food Services industry provides work for 5,000 people.
Three franchise business examples worth looking at
If working in the Coffee & Wine Bar sector appeals to you, have a look at Mooboo. You may feel more secure in starting a Mooboo franchise knowing that franchisees can benefit from full training, assistance and support.
Another possibility to consider is Auntie Anne's. The company first opened in 1988. Auntie Anne's has grown a devoted following since opening 32 years ago. The brand has grown over time and now operates in 2,000 different locations. You will need to invest £145,000 to open your own Auntie Anne's business. At least £40,000 of this significant amount should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Auntie Anne's provides comprehensive training and support to help you build a successful business of your own. Furthermore, you may qualify for financial assistance.
As a final Coffee & Wine Bar franchise option, take a look at Rooster Shack. The brand is expanding, with two outlets already in operation, and a desire to expand further. You will need an initial investment of £150,000 to open your own Rooster Shack business. Your personal investment should account for at least £75,000 of the total amount. You may want to consider getting a loan to open a business in this sector. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. You will have all the guidance you need to operate your business thanks to the training and support provided by Rooster Shack. And if you can't afford the startup costs on your own, you may be eligible for financial aid. See our website for details.
If you would like to find out more about franchise opportunities in the Coffee & Wine Bar sector, have a browse through our 14 available options. At Point Franchise, we are proud to offer almost 250 franchise options across various sectors, helping you find the perfect investment opportunities for you.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.