Retail Franchise opportunities to start in Morecambe
Starting a new business in Morecambe
Discover the franchise options waiting for you in Morecambe, situated in the North West of England. On this page you'll find a selection of brands recruiting franchisees in the Lancaster area. Franchising is an opportunity to operate your own business, complete with training and marketing assistance. There are a number of franchising opportunities available based on your budget and career objectives. Have a look to find the brand that appeals to you most.
The Lancaster area has 144,000 residents. The 20-39 age range is the most represented within the population. The region has a 4.7% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's labour force consists of 62,900 people or 69.5% of the total population. With an average gross annual income of £27,639, salaries in Lancaster are slightly lower than the average salary of £30,629 across the UK.
Running a franchise in the High Street Shops sector
Are you interested in running your own business in the High Street Shops sector? Have a look at our 19 franchise options available in this field. 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 two Cosmetic franchises, two Music Shop franchises, four Sweet Shop franchises, four Tool franchises and three Fashion franchises. See if there's one to suit your career goals. The Retail industry provides employment for many people. In Lancaster, companies currently employ 6,000 people in the industry.
Take a look at these three business examples
If you'd like to run your own High Street Shops business, Card Group might be a great option for you. In operation since 1997, the brand is now mature and a leader within the sector, having developed its franchise network for 23 years. Franchisees benefit from this company's wide network, which operates across 1,500 franchise locations. Starting a Card Group franchise will require you to invest a minimum of £60,000. At least £40,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. When investing in this franchise, you could be eligible for financial aid.
Schmidt could be another good option for you to invest in. The brand is expanding, with 28 outlets already in operation, and a desire to expand further. You will need to invest £350,000 to start operating your own Schmidt business, which is a significant initial investment. Your personal investment should account for at least £80,000 of the total amount. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. By investing in this established brand, you could qualify for financial aid.
Lastly, check out Tubz Vending, another interesting High Street Shops franchise. The brand operates in 300 franchise locations which make up a strong business community. Opening a Tubz Vending business requires an initial investment of £3,295. These low startup costs make this a good franchising option for first-time franchisees. You will also need to invest in a small premises to operate this business. If you can't cover the startup costs on your own, you could find out if you qualify for financial aid. See our website for more information.
The High Street Shops sector currently has 19 new business investment opportunities. If you're interested in exploring investment options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.