Drinks Franchise opportunities to start in Folkestone

Investing in a franchise in Folkestone

The Folkestone and Hythe area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Folkestone. Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to starting your own business.

There are 113,000 people in the Folkestone and Hythe region. The 60+ age range makes up the majority of the population. Across the United Kingdom, the annual gross income is just over £30,500 on average. In the area of Folkestone and Hythe, it is £29,641.

Why the Coffee & Wine Bar sector appeals to franchisees

There are 14 franchises in the Coffee & Wine Bar sector to choose from. The Coffee & Wine Bar sector is part of the Food industry, which also offers three Donut franchises, five Tea franchises, four Waffle franchises, six Milkshake franchises and three Wine franchises. The perfect business to suit your career objectives and aspirations might just be among them. If you want to operate a business in the Hospitality and Food Services industry, it could be useful to know that companies in the sector currently employ 3,500 people in the Folkestone and Hythe area.

Three franchise business examples

If the Coffee & Wine Bar sector is your area of interest, Veeno is worth looking at. By joining its current eight franchisees, you would become a part of a growing brand network. You will need to invest £80,000 to begin running your own Veeno business. Your personal investment should account for at least £35,000 of the total amount. Due to the higher startup costs, this option is not recommended for first-time franchisees. Financial assistance can be given in some circumstances.

You could also have a look at Auntie Anne's, which has been running since 1988. Auntie Anne's has acquired expertise and customer loyalty in its 32 years since opening. With a vast network of 2,000 locations, the brand knows how to support its franchisees. This business opportunity requires a substantial initial investment of £145,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Auntie Anne's asks for a minimum personal investment of £40,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You could also benefit from financial aid, if eligible.

As a final Coffee & Wine Bar franchise option, check out Punch Pubs & Co. The brand has expanded over time and now runs in 1,300 different locations. This business requires an affordable initial investment of £13,000. 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 open a Punch Pubs & Co business is £8,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. You will also need to invest in a small premises to operate this business. You may qualify for financial aid. Visit our website for details.

There are currently 14 available franchising opportunities in the Coffee & Wine Bar sector. Take a look at these brands to see if there's a good fit for you. Point Franchise has 236 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.