Retail Franchise opportunities to start in Andover
Starting a new business in Andover
Andover, located in South East England, has many opportunities for people looking to open their own business. There are several brands currently recruiting franchisees in the Test Valley area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. We offer a number of franchises to suit different budgets and career objectives. Take a look at our range of brands and sectors to see what might suit you.
Recent figures show that 125,000 people live in Test Valley. The majority of residents are aged 40 to 59 years old. The economically active population in Test Valley amounts to 60,500 people, with an unemployment rate of 4%. This rate is in line with the national average. The annual income in the UK is £30,629 on average. The people of Test Valley earn an average annual salary of £30,680, in line with the country's average.
Why start a franchise in the High Street Shops sector?
There are 19 brands offering franchise opportunities in the High Street Shops sector. The High Street Shops sector is just one example of the options available in the Retail industry. Other options include two Cosmetic franchises, three Fashion franchises, four Tool franchises, four Printing franchises and two Greeting Card franchises. Have a browse, the perfect business opportunity for you could be a few clicks away. If you're interested in the Retail industry, you may want to consider how many people already work in the sector. In Test Valley, Retail companies currently employ 6,000 people.
Here are three examples of franchise businesses
If working in the High Street Shops sector appeals to you, have a look at Card Group. Initially established in 1997, the brand has acquired valuable experience and expertise over the past 23 years. A network of 1,500 franchisees promotes the brand's exposure. Starting a Card Group franchise will require you to invest a minimum of £60,000. At least £40,000 of this should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Training and assistance provided by Card Group will help you steer your business in the right direction. And, if eligible, you might be able to benefit from financial assistance. Visit our website for more information.
Zip Yard is another competitive brand operating in the High Street Shops sector. The first franchise launched in 2005. Zip Yard has proved itself to be a successful business and leader in the field in its 15 years since opening. When investing in this franchise, you can benefit from the assistance and support of an established brand
Lastly, another brand worth considering is BoConcept. First opened in 1993, the company is now mature and a leader within the sector, having developed its franchise network for 27 years. The brand's network is significant, counting 250 locations in the UK. A total of £500,000, a significant initial investment, is required to start a BoConcept franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £100,000 of the total investment should come from your personal funds. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
The High Street Shops sector has many successful franchise businesses. We currently have 19 opportunities available in this sector. Plus, with 238 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the right brand for you.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.