Drinks Franchise opportunities to start in London
London: A great location to start a business
You could start your own business by becoming a franchisee in London. There are a number of franchise options to choose from in London, located in the London Region. Check out our range of brands and start running your own business with a team behind you. Exploring our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
The London area has a population of 8,908,000 residents. Residents in the 20-39 age group make up the largest portion of the population. The local unemployment rate of 4.6% among 4,739,500 economically active people, or 78.1% of the population, is slightly higher than the average in the United Kingdom. Across the United Kingdom, the average gross salary is £30,629. In the London area, it amounts to £41,220.
Have you considered the Coffee & Wine Bar sector?
Are you interested in running your own business in the Coffee & Wine Bar sector? Have a look at our 14 franchise options available in this sector. The Coffee & Wine Bar sector is just one sector among many in the Food industry. Its 15 Dessert franchises, three Weight Loss franchises, 23 Food and Beverage franchises, 14 Drinks franchises and nine Healthy Food franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting investment opportunity. In the London area, the Hospitality and Food Services industry provides work for 436,000 people.
Want to know more? Read about these three brands
There are many interesting franchising opportunities in the Coffee & Wine Bar sector. Take Dunkin' Donuts for example, a brand that was first established in 1970. The brand's extensive experience, good reputation and wide exposure are valuable assets. The brand has developed over time and now operates in 11,000 different locations. To start your own Dunkin' Donuts franchise, you will need to invest £3,000,000, of which at least £1,200,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Dunkin' Donuts can support you with comprehensive training and assistance to help your business reach its full potential.
Another option worth considering is Really Awesome Coffee. The brand is growing, with 54 outlets already in operation, and a desire to expand further. Opening a Really Awesome Coffee business requires a reasonable initial investment of £69,000. At least £9,300 should come from your own personal investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Investing in Really Awesome Coffee entitles you to all the guidance, training and support you need to run your business effectively. And if you can't afford the startup costs on your own, you may be eligible for financial assistance.
Finally, another interesting franchising opportunity is Caprinos Pizza. There are 16 locations open so far, and the network is expanding. A total of £65,000 is required to open a Caprinos Pizza franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £50,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. You will have all the guidance you need to manage your business thanks to the training and support provided by Caprinos Pizza. And if you can't cover the startup costs on your own, you may qualify for financial aid. See our website for more information.
If you are thinking about opening a franchise business in the Coffee & Wine Bar sector, you might be interested to browse our 14 available brands. Don't forget that we offer new business investment selections across many different sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of almost 250 franchising possibilities.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.