Retail Franchise opportunities to start in Blackburn
Why should you invest in Blackburn?
Would you like to run your own business? Blackburn, located in the North West of England, could be a good place to start. There are many businesses currently recruiting franchisees in the Blackburn with Darwen area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. Browsing our range of brands and sectors will allow you to pinpoint the type of business that is right for you.
According to recent census data, there are 149,000 people living in Blackburn with Darwen. Residents aged 0 to 19 years old make up the majority of the population. The local unemployment rate of 5% is high compared to the national average of 4%. The local labour force consists of 66,100 people, making up 71.6% of the population. The annual salary in the United Kingdom is just over £30,500 on average. The people of Blackburn with Darwen earn an average annual salary of £23,609, lower than the country's average.
Franchising options in the High Street Shops sector
If you wish to run a business in the High Street Shops sector, have a look at our 19 franchises currently recruiting franchisees in the field. The High Street Shops sector is part of the Retail sector which offers a wide selection of interesting options. These include three Toy Store franchises, 19 Retail franchises, four Tool franchises, three E Cigarette franchises and three Fashion franchises. See if any catch your eye. If you are thinking about joining the Retail industry, you may be interested to know that 7,000 people have already made the decision to work in this industry in the Blackburn with Darwen area.
Check out three available franchise opportunities
Gautier is a competitive business operating in the High Street Shops sector. A small premises will be required to operate this business. When investing in this franchise, you could qualify for financial assistance.
Another possibility to consider is Ecigwizard. The company has been operating since 2011. By joining its 45 franchises already in operation, you could contribute to this company's rapid expansion. This business requires an initial investment of £60,000. If you intend to get 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 start an Ecigwizard business is £40,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Finally, Schmidt is another interesting franchise option if you plan to invest in the High Street Shops sector. There are 28 outlets open so far, and the network is expanding. A significant initial investment of £350,000 will enable you to start your own Schmidt business. In most cases, your personal investment should represent 30 to 50% of the total amount. Schmidt requires you to personally invest at least £80,000. You could potentially apply for a loan to cover the remaining costs. It is thus less appropriate for new investors. You will also need to invest in a small premises to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial aid. Visit our website for details.
Many businesses are already operating in the High Street Shops sector. We currently have 19 franchise opportunities available in the sector. If you are still not sure which sector best suits your needs, have a look through our range of almost 250 franchising opportunities across different sectors on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.