Retail Franchise opportunities to start in Wigan

What to consider when opening a franchise in Wigan

Located in the North West of England, Wigan is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising opportunities in Wigan and take the first step towards managing your own business. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.

Recent figures show that Wigan has a population of 326,000 people. The 40-59 age group has the highest concentration in the population. The labour force makes up 79.5% of the population, or approximately 161,600 people. The region has an unemployment rate of 2.9% which is significantly lower than the UK average of 4%. The local income averages £26,009 per year, which is slightly lower than the close to £31,000 average income in the UK as a whole.

Have you considered the High Street Shops sector?

There are currently 19 opportunities to invest in the High Street Shops sector. If you would like to operate a business in this field, keep reading. Bear in mind that the potential for exciting business plans in the Retail sector is not limited to the High Street Shops sector. Other available investment options include two Music Shop franchises, three Fashion franchises, two Greeting Card franchises, three Craft franchises and three E Cigarette franchises. See if there's one to suit your career goals.

Read about these three brands to see what franchise opportunities exist

If you would like to invest in a High Street Shops business, you could consider Tubz Vending. The brand benefits from a well-established network and good exposure, running in 300 franchise outlets. An initial investment of £3,295 will allow you to start your own Tubz Vending business. Given these low startup costs, this option could be suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. You could also receive financial assistance, if eligible. See our website for more information.

Apollo Blinds, open since 1972, is another interesting option. By joining its network of 50 franchisee, you could play a part in this brand's success. Apollo Blinds, now a leader in the sector, has gained 48 years of experience since first opening. Initially, you would need to invest £20,000 to get your own Apollo Blinds business up and running. These low startup costs make this a good franchising option for first-time franchisees.

Lastly, another possibility to consider is BoConcept. The brand has been in business since 1993. BoConcept has gained valuable experience in the field in its 27 years since first opening. By joining its network of 250 franchisee, you would become a part of a strong business community. Opening a BoConcept business requires a substantial initial investment of £500,000. If you plan on getting a loan to cover the startup costs, BoConcept asks for a personal investment of at least £100,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.

There are currently 19 new business investment opportunities available in the High Street Shops sector. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of 236 franchising possibilities.

This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.