Retail Franchise opportunities to start in Durham
Durham: A great location to start a business
Are you considering opening a franchise? Durham, in North East England, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while managing your own business. Have a look at the brands currently recruiting in County Durham. Check out our various franchising options to discover the sectors and brands that most appeal to you.
The County Durham region has 527,000 residents. The majority of residents are aged over 60 years old. The 5.7% unemployment rate among 244,900 economically active people in the region is slightly higher than the national average. Residents in the area earn £27,594 per year on average. This income is slightly lower than the national average gross income, which reaches £30,629.
Why the High Street Shops sector might be a good option for you
Are you interested in the High Street Shops sector? If so, there are 19 available franchises to choose from in the UK. The High Street Shops sector is part of the Retail industry, which also offers three E Cigarette franchises, four Sweet Shop franchises, 19 Retail franchises, four Printing franchises and three Craft franchises. The perfect business to suit your career goals and aspirations might just be among them.
Three brands worth your attention
If you like the idea of opening a business in the High Street Shops sector, Noa Noa could be an option for you. By joining its current 90 franchisees, you would be joining a growing brand network. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
Another option worth considering is Post & Packing, a brand that launched in 2012. This brand is expanding quickly, counting 11 outlets across the United Kingdom. Starting a Post & Packing business requires an initial investment of £50,000. If you intend to get a loan to cover the startup costs, Post & Packing asks for a personal investment of at least £35,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. Financial support is available for eligible franchisees.
Finally, Gautier is an interesting investment opportunity in the High Street Shops sector. There are two locations open so far, and the network is expanding.
There are currently 19 available franchising opportunities in the High Street Shops sector. Take a look at these brands to see if there's a good fit for you. Whether you've already decided to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of almost 250 franchising opportunities to help you find the right fit.
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