Drinks Franchise opportunities to start in Basildon
What can Basildon offer to new businesses?
The Basildon area offers many interesting business opportunities. If you are interested in opening your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Basildon. Explore our different franchising opportunities to discover the sectors and brands that most appeal to you.
Recent figures show that Basildon has a population of 186,000 residents. The age group with the highest concentration is 40-59. The labour force makes up 81.0% of the population, or approximately 91,700 people. The region has an unemployment rate of 3.5% which is lower than the UK average of 4%. For the Basildon area, the average salary is £32,823, which is slightly higher than the national average income of just over £30,500.
Investment options in the Coffee & Wine Bar sector
Are you interested in the Coffee & Wine Bar sector? You're likely to come across a franchise worth considering among 14 brands in the United Kingdom. In fact, the Food industry as a whole offers a wide variety of franchises to invest in, including 23 Food and Beverage franchise, three Catering franchises, nine Healthy Food franchises, six Bakery franchises and three Weight Loss franchises. Check out our available brands to find a potential match. If you want to operate a business in the Hospitality and Food Services industry, it could be useful to know that companies in the industry currently employ four,500 people in the Basildon area.
Three franchise business worth reading about
If working in the Coffee & Wine Bar sector appeals to you, have a look at Cinnabon. First established in 2004, Cinnabon now has over 16 years of experience under its belt. Franchisees benefit from this brand's wide network, which operates across one,300 franchise locations.
NKD Pizza is another interesting option. The brand is growing, with 25 outlet currently in operation, and a desire to expand further. A large premises will be required to operate this business. By investing in this established brand, you could be eligible for financial aid.
Veeno is a third interesting investment opportunity in the Coffee & Wine Bar sector. There are eight location open so far, and the network is expanding. This business requires an initial investment of £80,000. If you intend to get 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 Veeno business is £35,000. Due to the higher startup costs, this option is not recommended 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 qualify for financial assistance. Visit our website for details.
Many businesses are already operating in the Coffee & Wine Bar sector. We currently have 14 franchise opportunities available in the sector. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a range of sectors to help you find your perfect investment opportunity.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.