Drinks Franchise opportunities to start in East Grinstead
East Grinstead is an attractive town to invest in
Located in the South East of England, East Grinstead is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising possibilities in Mid Sussex and take the first step towards running your own business. With your interests and career goals in mind, have a look at our selection of new business investment options.
Approximately 150,000 people currently live in Mid Sussex. The 40-59 age group is the most represented within the population. The local unemployment rate of 3.8% among 80,400 economically active people, or 87.3% of the population, is in line with the average in the UK. Residents of Mid Sussex have an annual average salary of £33,839. In comparison, the average gross income in the United Kingdom is just over £30,500.
Why the Coffee & Wine Bar sector appeals to franchisees
There are 14 franchises in the Coffee & Wine Bar sector to choose from. Bear in mind that the potential for exciting business plans in the Food sector is not limited to the Coffee & Wine Bar sector. Other available investment opportunities include three Catering franchises, three Smoothie franchises, seven Vegan franchises, 23 Food and Beverage franchises and three Natural Food franchises. See if there's one to suit your business goals. The Hospitality and Food Services industry provides employment for many people. In Mid Sussex, businesses currently employ 4,000 people in the field.
Read about these three brands to see what franchise opportunities exist
If the Coffee & Wine Bar sector is your area of interest, Auntie Anne's is worth considering. Initially established in 1988, Auntie Anne's now offers its expertise to a loyal customer base, built up over 32 years. The brand has expanded over time and now operates in 2,000 different locations. To start your business, you will need an initial investment of £145,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Auntie Anne's, the minimum personal investment is £40,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You may be eligible for financial aid.
Another brand worth considering is CAVAVIN. The brand's network is made up of 160 franchisees, which enhance its exposure. A significant initial investment of £100,000 will enable you to open your own CAVAVIN business. In most cases, your personal investment should represent 30 to 50% of the total amount. CAVAVIN requires you to personally invest at least £40,000. You could potentially apply for a loan to cover the remaining costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. Eligible candidates may apply for financial assistance.
Lastly, take a look at Coffee Blue, another attractive Coffee & Wine Bar franchise. There are 10 outlets open so far, and the network is expanding. In order to start a Coffee Blue business, an affordable initial investment of £41,945 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. Coffee Blue asks for a personal investment of at least £8,000. These low startup costs make it a good option to pursue for first-time franchisees. By investing in this franchise, you may qualify for financial support. Visit our website for more information.
The Coffee & Wine Bar sector offers many interesting franchising opportunities, including our 14 franchise options. You will find a total of close to 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still 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.