Retail Franchise opportunities to start in Whitley Bay
Is Whitley Bay a good place to be a franchisee?
Many brands are currently recruiting franchisees in Whitley Bay, located in North East England. 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 North Tyneside area. Explore our extensive possibilities in order to find the right brand for you, and you'll be one step closer to opening your own business.
Recent figures show that 206,000 people live in North Tyneside. The majority of the population sits within the 40-59 age category. The local labour force consists of 102,600 people, or 80.4% of the total population. With an unemployment rate of 3%, recent data shows that employment in this area is lower than in the rest of the United Kingdom. The United Kingdom's annual average income is £30,629. Salaries in North Tyneside are slightly lower in comparison, averaging £27,665 a year.
The High Street Shops sector could be the right choice for you
If you're considering becoming a franchisee in the High Street Shops sector, have a look at our 19 franchise opportunities currently available in the sector. Bear in mind that the Retail sector offers many investment opportunities in addition to those in the High Street Shops sector. Have a look through our four Printing franchise, 19 Retail franchises, three Fashion franchises, three Toy Store franchises and three Craft franchises to find out if any suit your career goals and aspirations. If you want to run a business in the Retail industry, it could be useful to know that companies in the field currently employ 8,000 people in the North Tyneside area.
Here are three examples of franchise businesses
If you like the idea of opening a franchise in the High Street Shops sector, Gautier could be an option for you. By joining its two franchises already in operation, you could contribute to this company's expansion. You will need to invest in a small premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Take a look at Noa Noa, another competitive High Street Shops franchise. By joining its network of 90 franchisees, you could contribute to this brand's success. When investing in this franchise, you could qualify for financial aid. See eligibility details on our website.
Finally, Cash Generator, open since 1997, is another interesting option. The brand benefits from a strong network and good exposure, operating in 700 franchise outlets. Cash Generator now has over 23 years of experience under its belt. To start 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. It is thus less appropriate for new investors.
If you would like to work in the High Street Shops sector, the perfect business opportunity could be waiting for you among our 19 available franchises in the sector. You will find a total of 236 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.