Drinks Franchise opportunities to start in Haverhill
Haverhill is an attractive town to invest in
The Suffolk 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 receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Haverhill. Browsing our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
There are 759,000 people living in the Suffolk area. The 60+ age range makes up the majority of the population. Unemployment in the area (2.4%) is very low compared to the United Kingdom as a whole (4%). The labour force represents 80.2% of the local population, or 350,800 people. Across the United Kingdom, the annual gross income is £30,629 on average. In the region of Suffolk, it is £29,129.
Why start a business in the Coffee & Wine Bar sector?
Across the United Kingdom, there are currently 14 opportunities to open your own franchise in the Coffee & Wine Bar sector. This is just one of the sectors you could choose within the Food industry. There are also eight Ice Cream franchises, three Weight Loss franchises, 14 Drinks franchises, three Catering franchises and five Tea franchises. Have a look and see if any are a good fit for you. If you would like to work in the Hospitality and Food Services industry, it may interest you to know that, in the Suffolk area, 24,000 people currently work in the industry.
Read about these three brands to see what franchise opportunities exist
If you're interested in the Coffee & Wine Bar sector, check out Auntie Anne's. A network of 2,000 franchisees promotes the brand's exposure. It has been operating since 1988. The brand's extensive experience, good reputation and wide exposure are valuable assets. A substantial initial investment of £145,000 will enable you to start your own Auntie Anne's business. In most cases, your personal investment should represent 30 to 50% of the total amount. Auntie Anne's requires you to personally invest at least £40,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. An investment in this franchise entitles you to financial aid, if eligible.
Another option to consider is Caprinos Pizza. The brand is developing, with 16 locations currently in operation, and a desire to expand further. Starting a Caprinos Pizza business requires an initial investment of £65,000. If you plan on getting a loan to cover the startup costs, Caprinos Pizza asks for a personal investment of at least £50,000. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
The Coffee & Wine Bar sector has many brands worth considering. As a final example, take a look at Snappy Tomato Pizza. This brand is expanding, counting 19 outlets across the United Kingdom. You will need an initial investment of £25,000 to open your own Snappy Tomato Pizza business. Your personal investment should account for at least £5,000 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 opportunity is suitable for both first-time investors and established franchisees. You will also need to invest in a large premises to operate this business. You may be eligible for financial assistance. Visit our website for details.
Opening a business in the Coffee & Wine Bar sector has great potential. If you're interested, have a look at our 14 available opportunities. At Point Franchise, we are proud to offer 236 franchise options across different sectors, helping you find the perfect business opportunities for you.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.