Drinks Franchise opportunities to start in St Albans
Why should you invest in St Albans?
Located in the East of England, St Albans is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising opportunities in St Albans and take the first step towards managing your own business. We offer franchise investment options in many different sectors. Why not look into the sector that appeals to you the most?
The population of St Albans is made up of 147,000 people. When broken down by age group, the 40-59 age range is the most prevalent in the population. The 7% unemployment rate among the 73,000 economically active people in the area is slightly higher than the national average. Across the UK, the annual gross income is just over £30,500 on average. In the area of St Albans, it averages £47,507.
Franchising opportunities in the Coffee & Wine Bar sector
There are currently 14 opportunities to invest in the Coffee & Wine Bar sector. If you would like to operate a business in this sector, keep reading. Many brands offer franchise options in other sectors within the Food industry. For instance, there are 15 Dessert franchises, three Donut franchises, five Tea franchises, nine Healthy Food franchises and six Milkshake franchises. You'll find options to suit all kinds of career goals and aspirations. If you're interested in the Hospitality and Food Services industry, you may want to consider how many people already work in the industry. In St Albans, Hospitality and Food Services companies currently employ 5,000 people.
Read about these three brands to see what franchise options exist
If you are interested in opening a business in the Coffee & Wine Bar sector, Really Awesome Coffee could be an option for you. By joining its 54 franchises already in operation, you could contribute to this brand's expansion. An affordable initial investment of £69,000 will enable you to start your own Really Awesome Coffee business. In most cases, your personal investment should represent 30 to 50% of the total amount. Really Awesome Coffee requires you to personally invest at least £9,300. You could potentially get a loan to cover the remaining costs. These low startup costs make it a good option to pursue for first-time franchisees. Really Awesome Coffee provides comprehensive training and support to help you build a successful business of your own. Furthermore, you may be eligible for financial aid. See eligibility details on our website.
Another option worth considering is CAVAVIN. The brand's network is made up of 160 franchisees, which promote its visibility. A significant initial investment of £100,000 will enable you to open your own CAVAVIN business. In most cases, your personal investment should represent 30 to 50% of the total amount. CAVAVIN requires you to personally invest at least £40,000. You could potentially get a loan to cover the remaining costs. It is thus less appropriate for new investors. CAVAVIN provides comprehensive training and support to help you build a successful business of your own. Furthermore, you may be eligible for financial assistance.
Finally, Veeno is another interesting investment opportunity if you plan to invest in the Coffee & Wine Bar sector. By joining its network of eight franchisees, you could play a part in this brand's success. A total of £80,000 is required to open a Veeno franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £35,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors. A large premises will also be required to operate this business. An investment in this franchise entitles you to expert training and support as well as financial aid, if eligible. Visit our website for details.
The Coffee & Wine Bar sector offers many interesting investment opportunities, including our 14 franchise options. 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 238 franchising opportunities to help you find the perfect fit.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.