Between 2007 and 2017, the number of specialist coffee shops in the UK more than doubled from 10,000 to 22,000. Each year, Brits now consume a staggering 2.3 billion cups of coffee at coffee shops – that works out to 45 cups for every adult in the country.
This insatiable appetite for caffeine has not gone unnoticed by entrepreneurs. In fact, many of the country’s leading coffee chains are franchises with thousands of hard-working investors putting their faith, and their money, in coffee. With the amount of coffee Brits are drinking going up year by year, it’s easy to see why opening a coffee shop franchise is a good opportunity for franchisees. Relatively affordable and potentially very lucrative, they offer investors the chance to get involved in an industry that’s very much on the up.
The cost of coffee
Coffee shop franchises come in a wide variety of shapes and sizes. While some franchises offer investors the chance to work under a household name and benefit from major national ad campaigns, others are less well known and are more focused on offering customers, and investors, a unique USP and distinctive character.
As a result, there’s not really a set coffee shop franchise price or even an average amount that investors will need to pay to become franchisees. In some cases, entrepreneurs will need to put tens of thousands of pounds into a coffee shop franchise to get it started. For their money, they’ll generally receive support from the brand in selecting an appropriate location, converting the premises, training staff and promoting their launch.
At the lower end of the scale, some coffee franchise UK opportunities can be purchased for just a few thousand pounds. Often these types of businesses are run from mobile premises or small cafes and franchisees will generally have a less well-known name to work under.
Who can invest in a coffee franchise?
Coffee franchise UK opportunities are open to pretty much everyone. No previous experience is required by the vast majority of franchises, allowing all fans of caffeine to turn their passion into their career. All that most investors will need to become a franchisee in the coffee industry is enthusiasm, motivation and the right level of financial backing. Although the potential customer base for most coffee shop franchises is large, it is a competitive industry, so franchisees will need to put a lot of time, effort and energy into their business if they’re going to stand out from the crowd.
Finding a coffee franchise UK opportunity
If you’re considering moving into the coffee industry, opening a franchise instead of starting your business from scratch will put you ahead of the competition. You’ll be able to launch your business under an already established name and take full advantage of the marketing and advertising efforts of the franchise when building your brand.
Details about many of the top coffee franchise opportunities are available on our site. Simply take a look through the listings to find a business that suits your geographic area, your budget, and your skillset and then get in touch to begin the application process.
To find out more about the franchise industry, or to begin looking for the franchise opportunity that’s right for you, take a look around our site today.