Drinks Franchise opportunities to start in Bishop's Stortford
Investing in a franchise in Bishop's Stortford
The franchising possibilities in Bishop's Stortford, located in the East of England, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to discover which brands you could work with in East Hertfordshire. With your interests and business objectives in mind, have a look at our range of franchising opportunities.
According to recent census data, there are 148,000 people living in East Hertfordshire. When broken down by age group, the 40-59 age range is the most prevalent in the population. The community has 70,700 economically active people, representing 77.1% of the population, with an unemployment rate of 1.9%. This rate is significantly lower than the country's 4% national average. For the East Hertfordshire area, the average income is £48,836, which is significantly higher than the UK average salary of just over £30,500.
Running a Coffee & Wine Bar franchise business
Across the UK, you will find 14 franchises operating in the Coffee & Wine Bar sector. The Coffee & Wine Bar sector is a part of the Food industry. Other brands recruiting in this industry include three Donut franchises, three Catering franchises, five Chocolate franchises, six Milkshake franchises and three Weight Loss franchises. Among these new business investment options, there will likely be one that fits your career goals and aspirations. In East Hertfordshire, there are currently 5,000 people working in the Hospitality and Food Services industry, so you would be joining an established business network.
Check out three available franchise opportunities
Mooboo is an interesting franchise operating in the Coffee & Wine Bar sector. Training and assistance provided by Mooboo will help you lead your business in the right direction.
Another possibility to consider is Rooster Shack. This brand is growing, counting two locations across the United Kingdom. A substantial initial investment of £150,000 will enable you to open your own Rooster Shack business. In most cases, your personal investment should represent 30 to 50% of the total amount. Rooster Shack requires you to personally invest at least £75,000. You could potentially apply for a loan to cover the remaining 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. Comprehensive training and support are available when you choose to invest in this franchise. You may also qualify for financial aid.
Lastly, CAVAVIN is another competitive brand operating in the Coffee & Wine Bar sector. You will need to invest £100,000 to open your own CAVAVIN business. At least £40,000 of this substantial amount should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. Investing in CAVAVIN entitles you to all the guidance, training and support you need to run your business effectively. And if you can't afford the startup costs on your own, you may be eligible for financial assistance. See our website for details.
If you are considering running a franchise business in the Coffee & Wine Bar sector, you might be interested to have a look at our 14 available brands. At Point Franchise, we have almost 250 franchising opportunities available, giving you plenty to choose from in other sectors as well.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.