Drinks Franchise opportunities to start in Herne Bay

Herne Bay: A great location to start a business

Herne Bay, located in South East England, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Canterbury area. Exploring our range of companies and sectors will allow you to pinpoint the type of business that is right for you.

According to recent census data, there are 165,000 people in Canterbury. The majority of the population falls within the 20-39 age group. In terms of employment, the region has an economically active population of 73,500 people (71.0%), of which the unemployment rate is 2.4%. This figure is significantly lower than the average unemployment rate in the UK. The average gross income in the UK is just over £30,500. Residents of Canterbury earn £31,483 a year on average.

Running a Coffee & Wine Bar franchise business

Are you interested in the Coffee & Wine Bar sector? You're likely to come across a franchise worth considering among 14 brands in the UK. This is just one of the sectors you could choose within the Food industry. There are also four Waffle franchises, nine Healthy Food franchises, three Natural Food franchises, 15 Dessert franchises and seven Vegan franchises. Have a browse and see if any are a good fit for you. The Hospitality and Food Services industry provides employment for many people. In Canterbury, businesses currently employ 6,000 people in the industry.

Have a look at these three business examples

Veeno is an interesting business operating in the Coffee & Wine Bar sector. By joining its current eight franchisees, you would be joining a growing brand network. You will need an initial investment of £80,000 to start your own Veeno business. Your personal investment should account for at least £35,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business.

Another option to consider is Coffee Blue. By joining its current 10 franchisees, you would be joining a growing brand network. This business requires an affordable initial investment of £41,945. If you plan on getting 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 start a Coffee Blue business is £8,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.

Lastly, another option to consider is CAVAVIN. The brand's network is made up of 160 franchisees, which promote its exposure. You will need to invest £100,000 to start your own CAVAVIN business. At least £40,000 of this substantial amount should come from your own personal investment. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. Financial support is available for eligible franchisees. See our website for details.

If you are thinking about running a franchise business in the Coffee & Wine Bar sector, you might be interested to browse our 14 available brands. If you're interested in exploring investment options in other sectors, we've got a total of 236 franchising opportunities to choose from on Point Franchise.

This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.