Drinks Franchise opportunities to start in Wickford
What can Wickford offer to new businesses?
Many brands are currently recruiting franchisees in Wickford, located in the East of England. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Basildon area. There are a variety of franchising options available based on your budget and career goals. Have a look to find the brand that appeals to you most.
A recent census found that 186,000 people live in Basildon. When broken down by age range, 40-59 year olds represent the largest portion of the population. Unemployment in the area (3.5%) is low compared to the UK as a whole (4%). The labour force represents 81.0% of the local population, or 91,700 people. Residents in the area earn £32,823 per year on average. This income is slightly higher than the national average gross salary, which reaches close to £31,000.
Why start a business in the Coffee & Wine Bar sector?
Across the UK, there are 14 franchises in the Coffee & Wine Bar sector. The Coffee & Wine Bar sector is just one example of the options available in the Food industry. Other opportunities include three Catering franchises, four Waffle franchises, eight Ice Cream franchises, three Smoothie franchises and 23 Food and Beverage franchises. Have a look, the perfect business opportunity for you could be a few clicks away. Opening a business is not a simple feat, but becoming a franchisee makes running your own business much more feasible. The Basildon area offers plenty of opportunities for starting a new and exciting business venture of your own. The Hospitality and Food Services industry is a busy one in the region, already employing 4,500 people. So, what is stopping you from opening your own franchise in Basildon today?
Three franchise businesses worth reading about
If you're interested in the Coffee & Wine Bar sector, take a look at Punch Pubs & Co. With a vast network of 1,300 outlets, the brand knows how to support its franchisees. In order to open a Punch Pubs & Co business, an affordable initial investment of £13,000 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. Punch Pubs & Co asks for a personal investment of at least £8,000. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. A small premises will also be required to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Take a look at NKD Pizza. By joining its 25 franchises already in operation, you could contribute to this company's expansion. You will need to invest in a large premises to operate this business. You could also receive financial assistance, if eligible.
Lastly, Dunkin' Donuts is another interesting investment opportunity if you plan to invest in the Coffee & Wine Bar sector. Launched in 1970, Dunkin' Donuts has grown a devoted following since opening 50 years ago. It is now firmly rooted in the market, counting 11,000 franchise locations. This business opportunity requires a significant initial investment of £3,000,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Dunkin' Donuts asks for a minimum personal investment of £1,200,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. By investing in this established brand, you could be eligible for financial assistance. See our website for more information.
The Coffee & Wine Bar sector offers many interesting franchising opportunities, including our 14 franchise options. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a look to see which other sectors you might want to invest in.
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