Drinks Franchise opportunities to start in Harlow
Investing in a franchise in Harlow
Harlow, located in the East of England, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Harlow area. Why not have a browse through our range of franchising options? There are opportunities to suit various needs and business objectives.
The Harlow area has a population of 87,000 residents. When broken down by age group, the 20-39 age range is the most prevalent in the population. Unemployment in the area (6.9%) is high compared to the UK as a whole (4%). The labour force represents 76.5% of the local population, or 40,200 people. The area's average gross annual income of £27,351 is slightly lower than the average income of close to £31,000 across the United Kingdom.
Have you considered the Coffee & Wine Bar sector?
There are 14 brands offering franchise options in the Coffee & Wine Bar sector. The Coffee & Wine Bar sector is actually part of the Food sector which offers a wider selection. There are currently five Chocolate franchises, 15 Dessert franchises, eight Ice Cream franchises, four Waffle franchises and 11 Sweets franchises recruiting at this time. Amongst these opportunities, there is likely to be one to suit your career goals and aspirations.
Eager to find out more? Here are three franchise business examples
If you would like to invest in the Coffee & Wine Bar sector, Dunkin' Donuts could be a good option. First established in 1970, the brand's extensive experience, good reputation and wide exposure are valuable assets. The brand has developed over time and now operates in 11,000 different locations. You will need an initial investment of £3,000,000 to open your own Dunkin' Donuts business. Your personal investment should account for at least £1,200,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Eligible candidates may apply for financial assistance.
Another brand worth considering is Really Awesome Coffee. There are 54 locations open so far, and the network is expanding. Opening a Really Awesome Coffee business requires an affordable initial investment of £69,000. If you plan on getting a loan to cover the startup costs, Really Awesome Coffee asks for a personal investment of at least £9,300. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this option could be suitable for first-time franchisees. When investing in this franchise, you could be eligible for financial aid.
Lastly, another possibility to consider is Tubz Vending. The brand benefits from a well-established network and good exposure, running in 300 franchise outlets. An initial investment of £3,295 will allow you to start your own Tubz Vending business. Given these low startup costs, this option could be suitable for first-time franchisees.
Eager to read more about business opportunities in the Coffee & Wine Bar sector? Explore our 14 available options. On Point Franchise, there is plenty of choice in other sectors as well. We have 236 new business investment opportunities in total to choose from.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.