Drinks Franchise opportunities to start in Beverley
Why should you invest in Beverley?
Would you like to open a business in Beverley, located in Yorkshire and the Humber? Would you like to work for yourself but not on your own? If so, have a look at our franchising options. On this page, you'll find several companies offering the training and support you need to run your own business in the East Riding of Yorkshire area. We offer franchise investment opportunities in a variety of sectors. Why not explore the sector that appeals to you the most?
The East Riding of Yorkshire region has 340,000 residents. The 60+ age range has the highest concentration within the population. The local unemployment rate of 3.6% is low compared to the UK average of 4%. The local labour force consists of 157,900 people, making up 81.8% of the population. Residents in the area earn £29,761 per year on average. This income is in line with the country's average gross salary, which reaches close to £31,000.
Why Coffee & Wine Bar businesses appeal to franchisees
Across the United Kingdom, there are 14 franchises in the Coffee & Wine Bar sector. The Food industry offers a variety of options in addition to those in the Coffee & Wine Bar sector. These include five Juice franchises, 23 Food and Beverage franchises, 15 Dessert franchises, three Catering franchises and three Donut franchises. Take a look at the brands available to find out which could be your perfect match.
Check out these three business examples
CAVAVIN operates in the Coffee & Wine Bar sector. The brand has a well-established network and good visibility, operating in 160 franchise outlets. To start your business, you will need an initial investment of £100,000. 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 CAVAVIN, the minimum personal investment is £40,000. It is thus less appropriate for new investors. A large premises will also be required to operate this business. Financial support is available for eligible franchisees.
Coffee Blue could be another good option for you to invest in. By joining its 10 franchises already in operation, you could contribute to this brand's expansion. Starting a Coffee Blue business requires an affordable initial investment of £41,945. If you plan on getting a loan to cover the startup costs, Coffee Blue asks for a personal investment of at least £8,000. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make this a good franchising option for first-time franchisees. You may be eligible for financial assistance.
Lastly, another option to consider is Veeno. By joining its current eight franchisees, you would be joining a growing brand network. You will need to invest £80,000 to open your own Veeno business. At least £35,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. Eligible candidates may apply for financial aid. See our website for details.
If you would like to check out more new business investment options in the Coffee & Wine Bar sector, we currently have 14 available opportunities. Plus, with 236 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the right brand for you.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.