Drinks Franchise opportunities to start in Cheshunt
Cheshunt could be home to your new business
The Broxbourne area offers many interesting business opportunities. If you like the idea of running your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Cheshunt. We offer a number of realistic new business investment options, so that you can find one you like.
The population of Broxbourne is made up of 97,000 residents. Residents aged 40 to 59 years old make up the majority of the population. The region has a 5.2% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's labour force consists of 50,400 people or 79.5% of the total population. The average gross income in the United Kingdom is £30,629. Residents of Broxbourne earn £34,070 a year on average.
Why the Coffee & Wine Bar sector appeals to franchisees
Are you interested in the Coffee & Wine Bar sector? If so, there are 14 available brands to choose from in the UK. The Coffee & Wine Bar sector is just one example of the options available in the Food industry. Other opportunities include five Tea franchises, 14 Drinks franchises, 23 Food and Beverage franchises, 11 Sweets franchises and eight Ice Cream franchises. Have a look, the perfect business opportunity for you could be a few clicks away.
Three examples of available franchise business possibilities
If you're interested in the Coffee & Wine Bar sector, check out Coffee Blue. By joining its current 10 franchisees, you would be joining a growing brand network. You will need an initial investment of £41,945 to open your own Coffee Blue business. Your personal investment should account for at least £8,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Given these low startup costs, this option could be suitable for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
Another interesting franchising opportunity is Esquires Coffee, which has been operating since 2000. The company now has 20 years of experience, making it a leader in the field. The brand has a strong network and good visibility, running in 103 franchise outlets. To start your business, you will need an initial investment of £225,000. If you plan on getting 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 Esquires Coffee, the minimum personal investment is £85,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. Financial support is available for eligible franchisees.
Lastly, Rooster Shack is another interesting franchise option if you plan to invest in the Coffee & Wine Bar sector. By joining its network of two franchisees, you could play a part in this brand's success. A total of £150,000, a substantial initial investment, is required to start a Rooster Shack franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £75,000 of the total investment should come from your personal funds. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. Also, if you can't afford the startup costs alone, you may be entitled to financial aid. Visit our website for details.
If you are interested in the Coffee & Wine Bar sector and would like to know more about its available franchising options, explore the 14 companies currently recruiting franchisees in the sector. At Point Franchise, we have close to 250 franchising 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.