Retail Franchise opportunities to start in Billingham
What to know before opening a franchise in Billingham
Discover the franchise options waiting for you in Billingham, situated in the North East of England. On this page you'll find a selection of brands recruiting franchisees in the Stockton-on-Tees area. Franchising gives you the opportunity to run your own business, complete with training and marketing assistance. We offer franchise investment options in many different sectors. Why not explore the sector that appeals to you the most?
There are 197,000 people living in the Stockton-on-Tees region. The majority of residents are aged 40 to 59 years old. In terms of employment, the area has an economically active population of 91,500 people (75.9%), of which the unemployment rate is 6%. This figure is slightly higher than the average unemployment rate in the United Kingdom. The local income averages £26,850 per year, which is slightly lower than the just over £30,500 average salary in the United Kingdom as a whole.
Does the High Street Shops sector appeal to you?
There are 19 UK-based franchises available in the High Street Shops sector. The High Street Shops sector is just one example of the options available in the Retail sector. Other opportunities include four Tool franchises, four Sweet Shop franchises, three Fashion franchises, three Craft franchises and three E Cigarette franchises. Have a look, the perfect business opportunity for you could be a few clicks away. In Stockton-on-Tees, there are currently 9,000 people employed in the Retail industry, so you would become a part of an established business community.
Check out three available franchise options
If working in the High Street Shops sector appeals to you, have a look at Gautier. By joining its current two franchisees, you would be joining a growing brand network. A small premises will be required to operate this business. By investing in this established brand, you could be eligible for financial aid.
Another interesting franchising opportunity is Ecigwizard, which launched in 2011. There are 45 outlets open so far, and the network is expanding quickly. Starting an Ecigwizard franchise will require you to invest a minimum of £60,000. At least £40,000 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid.
Lastly, Santos is another successful business operating in the High Street Shops sector. The brand has a well-established network and good exposure, operating in 260 franchise locations. You will need an initial investment of £300,000 to open your own Santos business. Your personal investment should account for at least £100,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support. Visit our website for more information.
Many businesses are already operating in the High Street Shops sector. We currently have 19 franchise opportunities available in the sector. If you are still not sure which sector best suits your needs, have a look through our selection of 236 new business investment opportunities across various sectors on Point Franchise.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.