Drinks Franchise opportunities to start in Kingston upon Hull

Investing in Kingston upon Hull could be your next move

The East Riding of Yorkshire area offers many interesting business opportunities. If you like the idea of opening your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Kingston upon Hull. We offer franchise investment opportunities in a variety of sectors. Why not check out the sector that appeals to you the most?

There are approximately 340,000 people currently living in East Riding of Yorkshire. The most prevalent age group in the population falls in the 60+ age bracket. The local unemployment rate of 3.6% among 157,900 economically active people, or 81.8% of the population, is lower than the average in the United Kingdom. Residents of East Riding of Yorkshire have an annual average salary of £29,761. In comparison, the average gross income in the UK is close to £31,000.

The Coffee & Wine Bar sector: An interesting opportunity for franchisees

Are you interested in running your own business in the Coffee & Wine Bar sector? Have a look at our 14 franchise options available in this field. You will find many business opportunities in the Food industry, including those in the Coffee & Wine Bar sector. Other possibilities include six Bakery franchises, eight Ice Cream franchises, three Catering franchises, 11 Sweets franchises and five Tea franchises. The perfect business to suit your career goals and aspirations might just be among them.

Take a look at three franchise business examples

 Esquires Coffee could be a great choice for you if you're interested in the Coffee & Wine Bar sector. Open since 2000, the company is now mature and a leader within the sector, having expanded its franchise community for 20 years. By joining its network of 103 franchisees, you would become a part of a strong business community. This business opportunity requires a substantial initial investment of £225,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Esquires Coffee asks for a minimum personal investment of £85,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.

Another interesting franchise option is Coffee Blue. This brand is developing, counting 10 outlets across the United Kingdom. Opening a Coffee Blue business requires a reasonable initial investment of £43,305. If you intend to get 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. If you make the decision to invest in this franchise, you will be offered comprehensive training and support, giving your business the best possible chance to succeed. Financial aid is also available, providing you meet the eligibility criteria.

Finally, another option to consider is Veeno. The brand is expanding, with eight locations currently in operation, and a desire to expand further. Starting a Veeno franchise will require you to invest a minimum of £80,000. At least £35,000 of this should come from your own personal investment. 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. If you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See our website for more information.

If you would like to work in the Coffee & Wine Bar sector, the perfect business opportunity could be waiting for you among our 14 available franchises in the sector. Whether you've already decided to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of almost 250 franchising opportunities to help you find the right fit.

This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.