Drinks Franchise opportunities to start in Wisbech
Wisbech is an attractive town to invest in
Located in the East of England, Wisbech is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising opportunities in Fenland and take the first step towards managing your own business. Have a look at our different franchising options to find the sectors and brands that most appeal to you.
A recent census found that 101,000 people live in Fenland. When broken down by age group, the 60+ age range is the most prevalent in the population. Across the UK, the average gross income is £30,629. In the Fenland area, it is £26,533.
Could the Coffee & Wine Bar sector be the right choice for you?
Across the United Kingdom, there are currently 14 opportunities to run your own franchise in the Coffee & Wine Bar sector. Could an opening business in the Coffee & Wine Bar sector, or in the Food sector more widely, help you reach your career goals and aspirations? Take a look at the eight Ice Cream franchises, five Tea franchises, six Milkshake franchises, five Chocolate franchises and 11 Sweets franchises recruiting at this time.
Read about these three brands to see what franchise opportunities exist
The Coffee & Wine Bar sector offers a range of brands to choose from, including Esquires Coffee. Launched in 2000, Esquires Coffee has gained valuable experience in the sector in its 20 years since first opening. The brand's network is made up of 103 franchisees, which increase its visibility. You will need an initial investment of £225,000 to start your own Esquires Coffee business. Your personal investment should account for at least £85,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Really Awesome Coffee is another successful business operating in the Coffee & Wine Bar sector. The brand is developing, with 54 outlets currently in operation, and a desire to expand further. In order to open a Really Awesome Coffee business, an affordable initial investment of £69,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Really Awesome Coffee asks for a personal investment of at least £9,300. Given these low startup costs, this option could be suitable for first-time franchisees. Financial assistance can be given in some circumstances.
Finally, another possibility to consider is Caprinos Pizza. There are 16 locations open so far, and the network is expanding. This business opportunity requires an initial investment of £65,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Caprinos Pizza requires a minimum personal investment of £50,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business.
There are currently 14 available investment opportunities in the Coffee & Wine Bar sector. Check out these brands to see if there's a good fit for you. Whether you've already decided to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of close to 250 franchising opportunities to help you find the perfect fit.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.