Retail Franchise opportunities to start in Preston
Preston and its prospects for new Businesses
Many brands are currently looking for franchisees in Preston, located in Scotland. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing assistance. Keep reading to explore the options in the Scottish Borders area. We offer franchise investment options in a variety of sectors. Why not explore the sector that appeals to you the most?
The population of Scottish Borders is 115,000. The age group with the highest concentration is 60+. The region has an economically active population of 53,300 people, or 78.8% of the total population. The unemployment rate (3.2%) is low compared to the rest of the UK. Salaries in Scottish Borders average £26,777 a year, while in the UK the average salary is close to £31,000.
Running a High Street Shops franchise business
There are currently 19 opportunities to invest in the High Street Shops sector. If you would like to run a business in this sector, keep reading. The High Street Shops sector is a part of the Retail industry. Other brands recruiting in this industry include three Toy Store franchises, three E Cigarette franchises, three Craft franchises, two Music Shop franchises and four Printing franchises. Among these franchising opportunities, there will likely be one that fits your career goals and aspirations. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Scottish Borders area, 4,500 people are employed by Retail businesses.
Three brands worth your attention
If you would like to invest in the High Street Shops sector, Nicholas Humphreys Estate Agent could be a good option. In business since 1999, Nicholas Humphreys Estate Agent has proved itself to be a successful business and leader in the field in its 21 years since opening. The brand is growing, with 28 locations currently in operation, and a desire to expand further. An affordable initial investment of £31,200 will enable you to start your own Nicholas Humphreys Estate Agent business. In most cases, your personal investment should represent 30 to 50% of the total amount. Nicholas Humphreys Estate Agent requires you to personally invest at least £15,000. You could potentially get a loan to cover the remaining costs. These relatively low startup costs make it a good option to pursue for first-time franchisees. Eligible candidates may apply for financial aid.
If the High Street Shops sector appeals to you, Schmidt is another option you could consider. By joining its current 28 franchisees, you would be joining a growing brand network. Starting a Schmidt business requires a substantial initial investment of £350,000. At least £80,000 should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. A small premises will also be required to operate this business. When investing in this franchise, you could be eligible for financial aid.
Lastly, Tubz Vending is another interesting investment opportunity if you plan to invest in the High Street Shops sector. The brand's network is vast, counting 300 outlets across the country. To start your own Tubz Vending business, you will need an initial investment of £3,295. Given these low startup costs, this option could be suitable for first-time franchisees. A small premises will also be required to operate this business. Also, if you can't cover the startup costs alone, you may be entitled to financial aid. Visit our website for more information.
Many businesses are already operating in the High Street Shops sector. We currently have 19 franchise options available in the sector. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.