More men represent franchise business owners and constitute more than 70 per cent of the UK franchise industry. To be a little stereotypical, the reasons for this could be that men are higher risk takers, more dominant and more competitive. According to statistics though becoming a franchisee is far less risky than starting out in an independent business venture. Banks are far more likely to lend to a new franchises business because eight out of ten franchises are still in business after 5 years where eight out of ten independents are not in business after 5 years. Also being competitive is not necessarily a factor as other franchisees are not competition but associates on the same team. A franchisor sets out his territories or areas carefully so that all of his franchisee businesses have a fair chance at success.
Considerations for operations
A third of franchise businesses in the UK hire ten or more staff and busy coffee house franchise opportunities would need at least this many staff to run a successful coffee house franchise. Look at a coffee shop franchise list and think for a moment about the amount of hours these top coffee franchises are open for business. The top coffee franchises are usually open from early morning to late evening. Imagine how many staff would be required to be on duty at peak times and at quiet times. Then consider that these staff would also need days off and holiday cover. Also of course the coffee house franchise is going to need a full time manager and an assistant manager or duty manager if the franchisee themselves are not going to be a part of the day to day running of the business.
When looking at a coffee shop franchise for sale and the coffee franchise list, the big ones come to mind, Costa, Coffee Republic, Esquires. There are currently no Starbucks franchises in the UK although they do intend to offer 200 franchises in 2017. The coffee franchise cost for these big boys is going to be pretty high, which is fair enough considering their name and popularity but it may not necessarily be affordable for the first time adventurer into entrepreneurship. The coffee franchise cost and minimum investment we may be interested in could be between £20,000 to £100,000. A coffee house franchise can be quite a costly start up due to the re-fit of the premises as per the standards and logos of each recognisable brand.
Starting the search
When searching for coffee house franchise opportunities, decide if it is a big coffee house franchise name you are interested in with the higher coffee shop franchise cost. Or is it a way out of the rat race and small coffee business opportunities you are looking for to get out there and go it alone using your existing experience but still have a the support of a successful franchise name and tried and tested model to follow. On this note, it will take less than a minute to fill in your details on the form above. Approved Franchises have a free service you can use to start your search right now. They have a pre-approved range of franchise companies here in the UK to compare all in one place. Enter your details now with Approved Franchises and receive expert advice to help you choose the best franchise for you.