Drinks Franchise opportunities to start in Stockport
What to consider when opening a business in Stockport
If you're interested in running your own business in Stockport, located in North West England, you should look at franchising options. Several brands are currently recruiting in the Stockport area. As a franchisee you could manage your own business while benefitting from comprehensive support. Keep reading to find out if this could be for you. Have a look at our various franchising opportunities to find the sectors and brands that most appeal to you.
Recent figures show that 292,000 people live in Stockport. The 40-59 age group makes up the majority of the population. The labour force constitutes 80.6% of the population, or approximately 141,600 people. The area has an unemployment rate of 4.8% which is slightly higher than the UK average of 4%. Residents of Stockport have an annual average income of £31,553. In comparison, the average gross salary in the UK is just over £30,500.
What the Coffee & Wine Bar sector could offer you
Across the United Kingdom, there are currently 14 opportunities to run your own franchise in the Coffee & Wine Bar sector. The Coffee & Wine Bar sector is part of the Food industry, which also offers 14 Drinks franchises, three Wine franchises, seven Vegan franchises, three Natural Food franchises and three Donut franchises. The perfect business to suit your career objectives and aspirations might just be among them. If you would like to operate a business in the Hospitality and Food Services industry, it could be useful to know that companies in the field currently employ 7,000 people in the Stockport area.
Here are three examples of franchise businesses
If you're interested in the Coffee & Wine Bar sector, check out Tubz Vending. The brand's network is important, counting 300 outlets across the country. You will need an initial investment of £3,295 to start your own Tubz Vending business. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Financial aid can be provided in some circumstances.
Another option worth considering is Punch Pubs & Co. It is now firmly rooted in the market, counting 1,300 franchise locations. In order to start 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 generally need to cover 30 to 50% of the total investment yourself. Punch Pubs & Co requires a personal investment of at least £8,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. You will also need to invest in a small premises to operate this business. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Lastly, Auntie Anne's is another interesting brand operating in the Coffee & Wine Bar sector. The first franchise launched in 1988. Auntie Anne's has gained many dedicated customers over the past 32 years. Starting an Auntie Anne's franchise will require you to invest a minimum of £145,000. At least £40,000 of this should come from your own personal investment. It is thus less appropriate for new investors. If eligible, you might be entitled to financial aid. See our website for more information.
If you would like to take a look at more new business investment options in the Coffee & Wine Bar sector, we currently have 14 available opportunities. You will find a total of 236 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.