Van Based Franchise opportunities to start in Newark-on-Trent
Investing in Newark-on-Trent could be your next move
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Newark-on-Trent, situated in the East Midlands, could be a good place to start as there are many brands currently recruiting franchisees in the Newark and Sherwood area. Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
A recent census found that 122,000 people live in Newark and Sherwood. The majority of the population sits within the 60+ age group. The local labour force includes 57,000 people, or 77.9% of the total population. With an unemployment rate of 6%, recent data shows that employment in this area is slightly higher than in the rest of the UK. The annual salary in the United Kingdom is close to £31,000 on average. The people of Newark and Sherwood earn an average annual salary of £28,564, slightly lower than the national average.
The Van Based business sector and its investment opportunities
If the idea of running a business in the Van Based business sector appeals to you, have a look at the 41 brands currently recruiting franchisees in the sector. You will find 13 Van franchises and two Coffee Van franchises offering the opportunity to invest, amongst many others. Explore our available brands to find a potential match.
Three franchise business examples worth looking at
Initially established in 2003, Optic-Kleer is a competitive business operating in the Van Based business sector. The company now has 17 years of experience, making it a leader in the field. By joining its current 50 franchisees, you would become a part of a growing brand network. You will need an initial investment of £15,000 to start your own Optic-Kleer business. These relatively low startup costs make it a good option to pursue for first-time franchisees. If you make the decision to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Another option to consider is Agency Express, a brand that has been operating since 1998. Agency Express has acquired valuable experience in the field in its 22 years since first opening. The brand has a well-established network and good visibility, operating in 117 franchise locations. Opening an Agency Express business requires an affordable initial investment of £24,500. If you intend to get a loan to cover the startup costs, Agency Express asks for a personal investment of at least £12,500. For most franchises, this amount represents 30 to 50% of the total investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. Financial aid can be given in some circumstances.
Lastly, you could also consider Really Awesome Coffee. The brand is developing, with 54 outlets currently in operation, and a desire to expand further. This business requires a reasonable initial investment of £69,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Really Awesome Coffee business is £9,300. These low startup costs make it a good option to pursue for first-time franchisees. Also, if you can't cover the startup costs alone, you may be able to benefit from financial aid. Visit our website for more information.
Eager to read more about business opportunities in the Van Based business sector? Check out our 41 available options. On Point Franchise, there is plenty of choice in other sectors as well. We have almost 250 franchising opportunities in total to choose from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.