Drinks Franchise opportunities to start in Colchester
Starting a franchise business in Colchester
Located in the East of England, Colchester 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 possibilities in Colchester and take the first step towards managing your own business. We offer a number of realistic new business investment options, so that you can find one you like.
Colchester has an estimated population of 193,000 people. Residents in the 20-39 age group make up the largest portion of the population. The local unemployment rate of 3.6% is low compared to the national average of 4%. The local labour force consists of 93,800 people, making up 75.6% of the population. The gross annual salary in Colchester amounts to £33,390, which is higher than the national average of just over £30,500.
Investment opportunities in the Coffee & Wine sector
If you wish to open a business in the Coffee & Wine sector, check out our 14 franchises currently recruiting franchisees in the sector. You will find many business opportunities in the Food industry, including those in the Coffee & Wine Bar sector. Other possibilities include five Juice franchises, six Bakery franchises, six Milkshake franchises, five Tea franchises and three Natural Food franchises. The perfect business to suit your career goals and aspirations might just be among them. If you are thinking about joining the Hospitality and Food Services industry, you may be interested to know that 6,000 people have already made the decision to work in this field in the Colchester area.
Three brands worth your attention
Coffee Blue is an interesting franchise operating in the Coffee sector. The brand is growing, with 10 outlets currently in operation, and a desire to expand further. You will need to invest £43,305 to start your own Coffee Blue business. At least £8,000 of this amount should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. Coffee Blue also provides training and assistance to help you run your business efficiently.
Really Awesome Coffee is another successful brand operating in the Coffee & Wine Bar sector. By joining its network of 54 franchisees, you could play a part in this brand's success. You will need an initial investment of £69,000 to start your own Really Awesome Coffee business. Your personal investment should account for at least £9,300 of the total amount. You may want to consider getting a loan to start a business in this sector. These low startup costs make this a good franchising option for first-time franchisees. Really Awesome Coffee also provides training and assistance to help you run your business efficiently.
Esquires Coffee, open since 2000, is another interesting option. The brand's network is significant, counting 103 outlets across the UK. This brand has developed a comprehensive support package, drawing on its 20 years of expertise in the sector. You will need to invest £225,000 to open your own Esquires Coffee business. At least £85,000 of this significant amount should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. Esquires Coffee also provides training and support to help you run your business successfully.
If you are interested in the Coffee & Wine Bar sector and want to discover more franchising opportunities, have a look at the 14 brands available in this sector. If you're curious about franchising options in other sectors, Point Franchise has 238 brands to choose from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.