Drinks Franchise opportunities to start in Great Yarmouth
Investing in Great Yarmouth could be your next move
Would you like to open a business in Great Yarmouth, located in the East of England? Would you like to work for yourself but not on your own? If so, have a look at our franchising opportunities. On this page, you'll find several companies offering the training and support you need to run your own business in the Great Yarmouth area. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
There are an estimated 99,000 people living in the Great Yarmouth area. Residents aged over 60 years old are the most represented in the population. The region has a 3.8% unemployment rate, which is in line with the national average of 4%. Overall, the region's economically active population consists of 44,700 people or 75.3% of the total population. Residents of Great Yarmouth have an annual average income of £23,743. In comparison, the average gross salary in the United Kingdom is just over £30,500.
The Coffee & Wine Bar sector and its investment options
There are 14 franchises in the Coffee & Wine Bar sector to choose from. The Coffee & Wine Bar sector is just one example of a sector you could invest in. Could your ideal business be among our six Bakery franchises, three Wine franchises, three Natural Food franchises, four Waffle franchises and eight Ice Cream franchises available in the Food industry? Have a look to find out. Interesting fact: companies in Hospitality and Food Services employ 6,000 people in the Great Yarmouth area. This could be your opportunity to start a successful business of your own!
Three franchise businesses worth reading about
If working in the Coffee & Wine Bar sector appeals to you, take a look at Dunkin' Donuts. Initially established in 1970, Dunkin' Donuts has acquired substantial customer loyalty over its 50 years in business. Franchisees benefit from this brand's wide network, which operates across 11,000 franchise locations. You will need to invest £3,000,000 to start operating your own Dunkin' Donuts business, which is a substantial initial investment. Your personal investment should account for at least £1,200,000 of the total amount. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If you can't afford the startup costs on your own, you could see if you qualify for financial assistance.
Another option to consider is Tubz Vending. The brand's network is important, counting 300 outlets in the UK. An initial investment of £3,295 will allow you to open your own Tubz Vending business. These low startup costs make it a good option to pursue for first-time franchisees. Financial aid can be given in some circumstances.
The Coffee & Wine Bar sector has many brands worth considering. As a final example, check out Rooster Shack. By joining its network of two franchisees, you could contribute to this brand's success. You will need an initial investment of £150,000 to open your own Rooster Shack business. Your personal investment should account for at least £75,000 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 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. Eligible candidates may apply for financial aid. Visit our website for details.
There are 14 franchises waiting to be discovered in the Coffee & Wine Bar sector. At Point Franchise, we have close to 250 new business investment opportunities available, giving you plenty to choose from in other sectors as well.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.