Drinks Franchise opportunities to start in Bury
Starting a new business in Bury
Would you like to run your own business? Bury, located in the East of England, could be a good place to start. There are many brands currently recruiting franchisees in the Huntingdonshire area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. We offer a number of realistic new business investment possibilities, so that you can find one you like.
Huntingdonshire has a population of approximately 177,000 people. Residents aged 40 to 59 years old make up the majority of the population. Approximately 88,700 people are economically active in the area, representing 82.3% of the population. The unemployment rate (3.7%) is comparable to the UK average (4%). The gross annual salary in Huntingdonshire amounts to £32,122, which is slightly higher than the national average of £30,629.
The Coffee & Wine Bar sector could be the right choice for you
There are currently 14 opportunities to invest in the Coffee & Wine Bar sector. If you would like to run a business in this sector, keep reading. Bear in mind that the Food industry offers many investment opportunities in addition to those in the Coffee & Wine Bar sector. Have a browse through our six Bakery franchise, six Milkshake franchises, four Waffle franchises, five Tea franchises and three Wine franchises to see if any suit your career goals and aspirations. In Huntingdonshire, there are currently 4,500 people working in the Hospitality and Food Services industry, so you would become a part of an established business network.
Three franchise business examples worth looking at
If you are interested in starting a business in the Coffee & Wine Bar sector, Punch Pubs & Co could be an option for you. Franchisees benefit from this company's wide network, which operates across 1,300 franchise locations. In order to open a Punch Pubs & Co business, an affordable initial investment of £13,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Punch Pubs & Co asks for a personal investment of at least £8,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. You will also need to invest in a small premises to operate this business. By investing in this established brand, you could qualify for financial aid.
NKD Pizza is an interesting franchising opportunity in the Coffee & Wine Bar sector. By joining its current 25 franchisees, you would be joining a growing brand network. You will need to invest in a large premises to operate this business.
Snappy Tomato Pizza is a third interesting investment opportunity in the Coffee & Wine Bar sector. There are 19 outlets open so far, and the network is expanding. To start your business, you will need an initial investment of £25,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Snappy Tomato Pizza, the minimum personal investment is £5,000. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. A large premises will also be required to operate this business. By investing in this franchise, you may be eligible for financial assistance. See eligibility details on our website.
There are currently 14 available franchise options in the Coffee & Wine Bar sector. Have a look at these brands to find out if there's a good fit for you. If you are still not sure which sector best suits your needs, have a look through our range of close to 250 new business investment opportunities across a variety of sectors on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.