Drinks Franchise opportunities to start in Tonbridge
Is Tonbridge a good place to be a franchisee?
Located in South East England, Tonbridge is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising options in Tonbridge and Malling and take the first step towards running your own business. To start off with, look for the line of work that interests you the most. This is a quick way to find the brand best suited to you.
Tonbridge and Malling has an estimated population of 131,000 residents. The 40-59 age group has the highest concentration within the population. The labour force makes up 88.0% of the population, or approximately 70,200 people. The area has an unemployment rate of 4% which is in line with the UK average of 4%. The local income averages £40,764 per year, which is significantly higher than the £30,629 average income in the United Kingdom as a whole.
Why the Coffee & Wine Bar sector might be a good option for you
The Coffee & Wine Bar sector currently offers 14 franchise opportunities. If this sector appeals to you, check out our options. The Coffee & Wine Bar sector is part of the Food industry which offers a wide range of interesting options. These include three Natural Food franchises, 14 Drinks franchises, 11 Sweets franchises, five Juice franchises and three Catering franchises. See if any catch your eye. In the Tonbridge and Malling area, the Hospitality and Food Services industry provides employment for 3,000 people.
Three brands worth your attention
If the Coffee & Wine Bar sector is your area of interest, Tubz Vending is worth looking at. The brand's network is made up of 300 franchisees, which promote its visibility. To open your own Tubz Vending business, you will need an initial investment of £3,295. 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 small premises to operate this business. If you can't cover the startup costs on your own, you could find out if you qualify for financial assistance.
Another option worth considering is Dunkin' Donuts, a company that was first established in 1970. The brand has built strong customer loyalty over the past 50 years. It is now firmly rooted in the market, counting 11,000 franchise outlets. In order to start a Dunkin' Donuts business, a significant initial investment of £3,000,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Dunkin' Donuts requires a personal investment of at least £1,200,000. 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 be eligible for financial aid.
Lastly, if the Coffee & Wine Bar sector appeals to you, Caprinos Pizza is another option you could consider. There are 16 locations open so far, and the network is expanding. To start your business, you will need an initial investment of £65,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Caprinos Pizza, the minimum personal investment is £50,000. 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 successful franchise businesses. We currently have 14 opportunities available in this sector. If you're curious about franchising opportunities in other sectors, Point Franchise has close to 250 brands to choose from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.