Drinks Franchise opportunities to start in Plymouth
Opening a franchise business in Plymouth
Plymouth, located in the South West, offers a number of new business investment options, 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 Plymouth area. We offer a number of realistic new business investment opportunities, so that you can find one you like.
The Plymouth area has 263,000 residents. When broken down by age group, 20-39 year olds represent the largest portion of the population. Approximately 129,300 people are economically active in the region, representing 77.6% of the population. The unemployment rate (4.6%) is high compared to the national average (4%). Salaries in Plymouth average £24,371 a year, while in the United Kingdom the average income is just over £30,500.
Could the Coffee & Wine Bar sector be the right choice for you?
Are you interested in running your own business in the Coffee & Wine Bar sector? Take a look at our 14 franchise opportunities available in this field. The Food industry offers a variety of options in addition to those in the Coffee & Wine Bar sector. These include three Weight Loss franchises, six Bakery franchises, five Tea franchises, three Natural Food franchises and five Juice franchises. Have a look at the brands available to see which could be your perfect match. If you're interested in the Hospitality and Food Services industry, you're not alone. In Plymouth, 9,000 people currently work in the industry.
Want to know more? Read about these three brands
If the Coffee & Wine Bar sector is your area of interest, Veeno is worth looking at. There are eight outlets open so far, and the network is expanding. This business requires an initial investment of £80,000. If you plan on getting 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 Veeno business is £35,000. 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. By investing in this franchise, you may be eligible for financial support.
The Coffee & Wine Bar sector has many brands worth considering. Check out NKD Pizza. By joining its network of 25 franchisees, you could contribute to this brand's success. A large premises will be required to operate this business. Financial assistance is available for eligible franchisees.
Finally, another option to consider is Caprinos Pizza. By joining its current 16 franchisees, you would be joining a growing brand network. In order to start a Caprinos Pizza business, an initial investment of £65,000 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. Caprinos Pizza requires a personal investment of at least £50,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. If eligible, you might be able to benefit from financial aid. Visit 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. You will find a total of almost 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.