Drinks Franchise opportunities to start in Letchworth
Is Letchworth a good place to become a franchisee?
If you're interested in running your own business in Letchworth, located in the East of England, you should look at franchising options. Several brands are currently recruiting in the North Hertfordshire 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. We offer a number of franchises to suit a variety of budgets and career objectives. Take a look at our selection of businesses and sectors to see what might suit you.
An estimated 133,000 people currently live in North Hertfordshire. The most prevalent age group in the population falls within the 40-59 age bracket. The area has a labour force of 68,400 people, or 83.9% of the total population. The unemployment rate (3.7%) is comparable to the rest of the United Kingdom. North Hertfordshire has an average annual income of £35,383, which is higher than the national average salary of close to £31,000.
The Coffee & Wine Bar sector: An interesting opportunity for franchisees
Across the UK, there are currently 14 opportunities to run your own franchise in the Coffee & Wine Bar sector. In fact, we have a wide range of options in the Food sector including the franchises in the Coffee & Wine Bar sector. You can choose from three Donut franchises, eight Ice Cream franchises, 11 Sweets franchises, four Waffle franchises and three Smoothie franchises today. Moreover, the number of people currently employed in a specific industry gives an idea of how dynamic it is. In the North Hertfordshire area, 4,000 people work for Hospitality and Food Services companies.
Three franchises that might interest you
If you're interested in the Coffee & Wine Bar sector, take a look at Cinnabon. A network of 1,300 franchisees promotes the brand's exposure. It has been operating since 2004. The brand now has 16 years of experience, making it a leader in the field.
If the Coffee & Wine Bar sector appeals to you, Rooster Shack is another option you could have a look at. This brand is growing, counting two locations in the United Kingdom. To open your own Rooster Shack franchise, you will need to invest £150,000, of which at least £75,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. By investing in this established brand, you could be eligible for financial aid.
As a final Coffee & Wine Bar franchise option, check out CAVAVIN. By joining its network of 160 franchisees, you would become a part of a strong business community. You will need to invest £100,000 to start running your own CAVAVIN business, which is a substantial initial investment. Your personal investment should account for at least £40,000 of the total amount. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. Eligible candidates may apply for financial assistance. Visit our website for more information.
If working in the Coffee & Wine Bar sector appeals to you, have a look at our 14 available franchising opportunities 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 close to 250 franchising possibilities.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.