Drinks Franchise opportunities to start in Chelmsford
Investing in a franchise in Chelmsford
Located in the East of England, Chelmsford is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising options in Chelmsford and take the first step towards managing your own business. Have a look at our various franchising opportunities to discover the sectors and brands that most appeal to you.
According to recent census data, 177,000 people live in Chelmsford. When broken down by age group, the majority of the population falls within the 40-59 category. In the United Kingdom, the average gross income is just over £30,500; in the Chelmsford area, it is £32,849.
What the Coffee & Wine Bar sector could offer you
There are 14 UK-based franchises available in the Coffee & Wine Bar sector. The Coffee & Wine Bar sector is part of the Food industry which offers a wide selection of interesting options. These include three Weight Loss franchises, eight Ice Cream franchises, six Milkshake franchises, 14 Drinks franchises and 15 Dessert franchises. See if any catch your eye. If you would like to run a business in the Hospitality and Food Services industry, it could be useful to know that companies in the industry currently employ 6,000 people in the Chelmsford area.
Want to know more? Read about these three brands
If you are interested in opening a business in the Coffee & Wine Bar sector, read about Veeno. By joining its network of eight franchisees, you could contribute to this brand's success. Opening a Veeno business requires an initial investment of £80,000. If you intend to get a loan to cover the startup costs, Veeno asks for a personal investment of at least £35,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid. See our website for details.
Another brand worth considering is CAVAVIN. The brand's network is important, counting 160 locations across the UK. This business requires a substantial initial investment of £100,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a CAVAVIN business is £40,000. 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. By investing in this franchise, you may qualify for financial support.
Lastly, have a look at Coffee Blue, another interesting Coffee & Wine Bar franchise. The brand is developing, with 10 locations already in operation, and a desire to expand further. To start your own Coffee Blue franchise, you will need to invest £41,945, of which at least £8,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. These relatively low startup costs make it a good option to pursue for first-time franchisees. If you decide to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria. See our website for more information.
The Coffee & Wine Bar sector currently has 14 franchising opportunities. At Point Franchise, we have 236 new business investment opportunities available, giving you plenty to choose from in other sectors too.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.