Drinks Franchise opportunities to start in Braintree
Investing in Braintree could be your next move
Braintree, located in the East of England, offers a variety of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Braintree area. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and business goals.
Approximately 152,000 people currently live in Braintree. The age group with the highest concentration is 40-59. Unemployment in the area (4.5%) is high compared to the United Kingdom as a whole (4%). The labour force represents 80.4% of the local population, or 74,000 people. The average gross income in the UK is just over £30,500. Residents of Braintree earn £32,518 a year on average.
Investment opportunities in the Coffee & Wine Bar sector
Are you interested in the Coffee & Wine Bar sector? If so, there are 14 available brands to choose from across the United Kingdom. Bear in mind that the Food industry offers many investment opportunities in addition to those in the Coffee & Wine Bar sector. Have a browse through our 14 Drinks franchise, four Waffle franchises, three Natural Food franchises, three Catering franchises and 11 Sweets franchises to see if any suit your career goals and aspirations. Many companies in Braintree already operate in the Hospitality and Food Services industry, which employs 3,500 people. You would become a part of a well-established business community.
Three franchises that could interest you
Punch Pubs & Co is an interesting franchise operating in the Coffee & Wine Bar sector. The brand has expanded over time and now runs in 1,300 different locations. In order to start a Punch Pubs & Co business, a reasonable initial investment of £13,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Punch Pubs & Co requires a personal investment of at least £8,000. Given these low startup costs, this option could be suitable for first-time franchisees. Financial assistance can be provided in some circumstances.
Esquires Coffee is another successful brand that has been operating in the Coffee & Wine Bar sector since 2000. Esquires Coffee now has over 20 years of experience under its belt. The brand operates in 103 franchise locations which make up a strong business community. Opening an Esquires Coffee franchise will require you to invest a minimum of £225,000. At least £85,000 of this should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you can't afford the startup costs on your own, you may qualify for financial aid.
Finally, if the Coffee & Wine Bar sector appeals to you, CAVAVIN is another option you could consider. By joining its network of 160 franchisees, you would become a part of a well-established business community. Opening a CAVAVIN business requires a significant initial investment of £100,000. If you plan on getting a loan to cover the startup costs, CAVAVIN asks for a personal investment of at least £40,000. For most franchises, this amount represents 30 to 50% of the total investment. 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. By investing in this franchise, you may be eligible for financial support. Visit our website for details.
If working in the Coffee & Wine Bar sector appeals to you, check out our 14 available investment opportunities in the sector. Point Franchise offers a total of almost 250 franchising options across many different sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.