Retail Franchise opportunities to start in South Shields
What to know before starting a business in South Shields
Are you thinking about opening a franchise? South Shields, in North East England, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while managing your own business. Have a look at the brands currently recruiting in South Tyneside. If you already know which line of work you'd like to pursue, explore our franchise opportunities in that sector. If not, have a browse and see what other options catch your eye. We have brands to suit many different interests and career goals.
The population of South Tyneside is 150,000. When broken down by age range, the majority of the population sits within the 40-59 category. The local unemployment rate of 8.2% among 67,300 economically active people, or 74.4% of the population, is slightly higher than the average in the United Kingdom. For the South Tyneside area, the average salary is £24,834, which is slightly lower than the UK average income of close to £31,000.
The High Street Shops sector and its franchising options
Across the UK, there are currently 19 opportunities to run your own franchise in the High Street Shops sector. You will find many business opportunities in the Retail industry, including those in the High Street Shops sector. Other possibilities include 19 Retail franchises, three Fashion franchises, three Toy Store franchises, four Printing franchises and four Sweet Shop franchises. The perfect business to suit your career goals and aspirations might just be among them. If you're interested in the Retail industry, you're not alone. In South Tyneside, 4,000 people currently work in the field.
Three brands worth your attention
If working in the High Street Shops sector appeals to you, take a look at Granite & TREND Transformations. This business opportunity requires an initial investment of £67,500. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Granite & TREND Transformations asks for a minimum personal investment of £30,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Check out Veeno. By joining its current eight franchisees, you would become a part of a growing brand network. You will need to invest £80,000 to begin operating your own Veeno business. Your personal investment should account for at least £35,000 of the total amount. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required 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.
Finally, another option to consider is Apollo Blinds, a brand that has been in business since 1972. Apollo Blinds is a recognized leader in the sector, with 48 years of experience under its belt this brand is growing, counting 50 locations across the UK. An initial investment of £20,000 will enable you to open your own Apollo Blinds business. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
We offer a total of 19 businesses in the High Street Shops sector. If you're interested, see if the right investment opportunity for you is among them. If you're interested in exploring franchising options in other sectors, Point Franchise has 236 brands to pick from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.