Drinks Franchise opportunities to start in Luton
Luton could be home to your new business
If you're interested in running your own business in Luton, located in the East of England, you should explore franchising options. Several companies are currently recruiting in the Luton area. As a franchisee you could manage your own business while benefitting from comprehensive support. Keep reading to find out if this could be for you. Explore our sectors and brands to find your best options among different franchising opportunities, keeping in mind your personal interests and business objectives.
There are approximately 214,000 people currently living in Luton. When broken down by age group, the 20-39 age range is the most prevalent in the population. The community has a 5% unemployment rate, which is slightly higher than the national average of 4%. There are 103,100 economically active people in the region, representing 74.1% of the total population. The UK's annual average salary is just over £30,500. Salaries in Luton are slightly lower in comparison, averaging £28,196 a year.
Why the Coffee & Wine Bar sector might be a good option for you
In the UK, you will find 14 franchises recruiting in the Coffee & Wine Bar sector. Could a starting business in the Coffee & Wine Bar sector, or in the Food industry more widely, help you reach your career goals and aspirations? Have a look at the five Juice franchises, 11 Sweets franchises, five Tea franchises, seven Vegan franchises and six Milkshake franchises recruiting at this time. If you want to work in the Hospitality and Food Services industry, it may interest you to know that, in the Luton area, 4,500 people currently work in the industry.
Here are three examples of franchise businesses
If the Coffee & Wine Bar sector is your area of interest, NKD Pizza is worth considering. By joining its current 25 franchisees, you would be joining a growing brand network. A large premises will be required to operate this business.
If the Coffee & Wine Bar sector appeals to you, Auntie Anne's is another option you could consider. First established in 1988, the brand has grown a dedicated following over the past 32 years. A network of 2,000 franchisees promotes the brand's exposure. In order to start an Auntie Anne's business, a significant initial investment of £145,000 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. Auntie Anne's requires a personal investment of at least £40,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You may feel more secure in starting an Auntie Anne's franchise knowing that franchisees are provided with full training, assistance and support. Eligible candidates may also apply for financial assistance. Visit our website for details.
Finally, Snappy Tomato Pizza is another successful brand operating in the Coffee & Wine Bar sector. The brand is growing, with 19 outlets currently in operation, and a desire to expand further. To open your own Snappy Tomato Pizza franchise, you will need to invest £25,000, of which at least £5,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Given these low startup costs, this option could be suitable for first-time franchisees. The training and assistance provided by Snappy Tomato Pizza give you the tools to run your own business successfully.
Many businesses are already operating in the Coffee & Wine Bar sector. We currently have 14 franchise opportunities available in the sector. Don't forget that we offer new business investment ranges across many different sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of 238 franchising possibilities.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.