Drinks Franchise opportunities to start in High Wycombe
Opening a franchise business in High Wycombe
Many brands are currently looking for franchisees in High Wycombe, located in the South East of England. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Wycombe area. By browsing the sectors that appeal to you the most, you will find the brands that best suit your interests and business goals.
A recent census found that 175,000 people live in Wycombe. The 40-59 age group makes up the majority of the population. The economically active population in Wycombe amounts to 92,000 people, with an unemployment rate of 5.1%. This rate is slightly higher than the national average. Residents of Wycombe have an annual average income of £39,657. In comparison, the average gross salary in the United Kingdom is £30,629.
Could the Coffee & Wine Bar sector be the right choice for you?
If you want to manage 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. Numerous brands offer franchise options in other sectors within the Food sector. For instance, there are six Bakery franchises, nine Healthy Food franchises, three Weight Loss franchises, 15 Dessert franchises and six Milkshake franchises. You'll find opportunities to suit all kinds of career objectives and aspirations. In Wycombe, there are currently 5,000 people employed in the Hospitality and Food Services industry, so you would become a part of an established business network.
Three examples of available franchise business possibilities
If you are interested in opening a business in the Coffee & Wine Bar sector, read about Snappy Tomato Pizza. There are 19 locations open so far, and the network is expanding. To start your business, you will need an initial investment of £25,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually 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. Snappy Tomato Pizza provides comprehensive training and support to help you build a successful business of your own.
Rooster Shack is an interesting franchising opportunity in the Coffee & Wine Bar sector. By joining its network of two franchisees, you could contribute to this brand's success. This business requires a substantial initial investment of £150,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Rooster Shack business is £75,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required 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 cover the startup costs on your own, you may be eligible for financial aid.
Finally, you could also consider Esquires Coffee, which has been running since 2000. The brand has gained valuable experience and expertise over the past 20 years. The brand's network is vast, counting 103 outlets in the UK. In order to start an Esquires Coffee business, a significant initial investment of £225,000 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. Esquires Coffee asks for a personal investment of at least £85,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Comprehensive training and support are available when you choose to invest in this franchise. You may also be eligible for financial assistance. See eligibility details on our website.
If you would like to work in the Coffee & Wine Bar sector, the perfect investment opportunity could be waiting for you among our 14 available franchises in the sector. Don't forget that we offer new business investment selections across many different sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of close to 250 franchising possibilities.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.