Retail Franchise opportunities to start in Sunderland
Sunderland: A great location to start a business
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our range of brands in Sunderland, located in the Sunderland area in the North East of England, where many companies are currently recruiting. There are a number of franchising options available based on your budget and career goals. Have a browse to find the brand that appeals to you most.
There are an estimated 277,000 people living in the Sunderland area. The majority of residents are aged 40 to 59 years old. The local labour force consists of 130,000 people, or 74.5% of the total population. With an unemployment rate of 7.1%, recent data shows that employment in this area is slightly higher than in the rest of the United Kingdom. Across the United Kingdom, the annual gross income is just over £30,500 on average. In the area of Sunderland, it is £24,167.
Does the High Street Shops sector appeal to you?
Across the UK, there are currently 19 opportunities to open your own franchise in the High Street Shops sector. Bear in mind that the potential for exciting business plans in the Retail industry is not limited to the High Street Shops sector. Other available investment opportunities include four Tool franchises, four Sweet Shop franchises, four Printing franchises, three Fashion franchises and two Cosmetic franchises. See if there's one to suit your business goals.
Take a look at three franchise business examples
If you'd like to run your own High Street Shops business, Cash Generator could be a great option for you. In operation since 1997, Cash Generator has gained valuable experience in the field in its 23 years since first opening. The brand's network is made up of 700 franchisees, which enhance its visibility. A significant initial investment of £240,000 will enable you to start your own Cash Generator business. In most cases, your personal investment should represent 30 to 50% of the total amount. Cash Generator requires you to personally invest at least £80,000. You could potentially get a loan to cover the remaining costs. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Another option to consider is Nicholas Humphreys Estate Agent, a brand that has been operating since 1999. Nicholas Humphreys Estate Agent now has over 21 years of experience under its belt. There are 28 outlets open so far, and the network is expanding. This business opportunity requires a reasonable initial investment of £31,200. 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. Nicholas Humphreys Estate Agent requires a minimum personal investment of £15,000. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See our website for more information.
Finally, you could also have a look at Apollo Blinds, which has been running since 1972. Apollo Blinds has grown a loyal following since opening 48 years ago. By joining its 50 franchises already in operation, you could contribute to this company's expansion. You will need an initial investment of £20,000 to start your own Apollo Blinds business. These low startup costs make it a good option to pursue for first-time franchisees.
Many businesses are already operating in the High Street Shops sector. We currently have 19 franchise options available in the sector. Point Franchise offers a total of close to 250 franchising opportunities across a variety of sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.