Retail Franchise opportunities to start in Barrow-in-Furness
Investing in a franchise in Barrow-in-Furness
If you'd like to open your own business but don't know where to start, a franchise might just be the solution. Barrow-in-Furness, situated in the North West of England, could be a good place to start as there are many brands currently recruiting franchisees in the Barrow-in-Furness area. We offer a number of franchises to suit a variety of budgets and career goals. Take a look at our range of businesses and sectors to see what might suit you.
Recent figures show that 67,000 people live in Barrow-in-Furness. The most represented age group is 60+ years of age. The labour force in Barrow-in-Furness amounts to 26,200 people, with an unemployment rate of 3.5%. This rate is lower than the national average. The annual income in the United Kingdom is just over £30,500 on average. The people of Barrow-in-Furness earn an average annual salary of £28,633, slightly lower than the country's average.
Could the High Street Shops sector be the right choice for you?
If the idea of running a business in the High Street Shops sector appeals to you, check out the 19 brands currently recruiting franchisees in the sector. Many brands offer franchise opportunities in other sectors within the Retail sector. For instance, there are four Sweet Shop franchises, three Toy Store franchises, three Craft franchises, two Greeting Card franchises and 19 Retail franchises. You'll find options to suit all kinds of career objectives and aspirations. Interesting fact: companies in Retail employ 3,500 people in the Barrow-in-Furness area. This could be your opportunity to start a successful business of your own!
Three brands worth your attention
If you are interested in starting a business in the High Street Shops sector, Cash Generator could be an option for you. First established in 1997, the company now has 23 years of experience, making it a leader in the field. The brand's network is made up of 700 franchisees, which promote its visibility. In order to open a Cash Generator business, a substantial initial investment of £240,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Cash Generator asks for a personal investment of at least £80,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Another option worth considering is Tubz Vending. The brand's network is important, counting 300 outlets in the UK. To start your own Tubz Vending business, you will need an initial investment of £3,295. 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. You will also 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.
Lastly, another possibility to consider is Gautier. The brand is developing, with two locations already in operation, and a desire to expand further. You will need to invest in a small premises to operate this business. By investing in this franchise, you may be eligible for financial assistance. You will need to invest in a small premises to operate this business.
Opening a franchise in the High Street Shops sector has great potential. If you're interested, have a look at our 19 available options. Don't forget that we offer new business investment selections across many different sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of close to 250 franchising options.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.