Retail Franchise opportunities to start in Middleton
What to know before starting a franchise in Middleton
Located in Scotland, Middleton is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising options in Argyll and Bute and take the first step towards running your own business. If you already know which line of work you'd like to pursue, look into our franchise opportunities in that sector. If not, have a look and see what other options catch your eye. We have businesses to suit many different interests and career goals.
There are an estimated 86,000 people living in the Argyll and Bute area. The most represented age range is 60+ years old. The local unemployment rate of 3.3% among 38,500 economically active people, or 77.1% of the population, is lower than the average in the United Kingdom. With an average gross annual income of £22,362, salaries in Argyll and Bute are lower than the average income of just over £30,500 across the UK.
Have you considered the High Street Shops sector?
If you wish to operate a High Street Shops franchise, you are likely to find one that interests you among 19 available across the United Kingdom. The High Street Shops sector is part of the Retail industry which offers a wide selection of interesting options. These include three Fashion franchises, four Sweet Shop franchises, two Greeting Card franchises, 19 Retail franchise and three Craft franchises. See if any catch your eye. Interesting fact: companies in Retail employ 3,000 people in the Argyll and Bute area. This could be your opportunity to open a successful business of your own!
Take a look at three franchise business examples
If you plan to invest in the High Street Shops sector, Mail Boxes Etc. Could be a good option. The brand has expanded over time and now runs in 1,600 different locations. This business opportunity requires a reasonable initial investment of £60,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Mail Boxes Etc. requires a minimum personal investment of £25,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. By investing in this franchise, you may be eligible for financial support.
Tubz Vending is another interesting franchising opportunity if you plan to invest in the High Street Shops sector. The brand operates in 300 franchise locations which make up a strong business community. You will need an initial investment of £3,295 to start your own Tubz Vending business. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. You will also need to invest in a large premises to operate this business. You could also benefit from financial aid, if eligible. Visit our website for details.
The High Street Shops sector has many brands worth considering. As a final example, check out Cash Generator. In business since 1997, the brand has acquired valuable experience and expertise over the past 23 years. The brand's network is vast, counting 700 outlets across the UK. To open your own Cash Generator franchise, you will need to invest £240,000, of which at least £80,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
If you are considering running a franchise business in the High Street Shops sector, you might be interested to explore our 19 available brands. You will find a total of close to 250 franchise options on Point Franchise. So if you are still looking for the perfect business opportunity, there are still plenty of options for you to explore.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.