Retail Franchise opportunities to start in Atherton
Atherton could be home to your new 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 Atherton, located in the Wigan area in the North West of England, where many businesses are currently recruiting. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
A recent census found that 326,000 people live in Wigan. Residents aged 40 to 59 years old have the highest concentration in the population. Unemployment affects 4% of the UK population. With a rate of 2.9%, unemployment in this area is significantly lower than the national average. The economically active population amounts to 161,600 people, making up 79.5% of the population. Residents in the area earn £26,009 per year on average. This income is slightly lower than the national average gross income, which reaches close to £31,000.
Running a franchise in the High Street Shops sector
Across the UK, there are 19 franchises operating in the High Street Shops sector. There are also two Cosmetic franchises, three Toy Store franchises, four Tool franchises, two Music Shop franchises and three Fashion franchises recruiting franchisees in the Retail sector, alongside the High Street Shops options. Have a browse to find out whether any fit your career goals and aspirations.
Three franchise businesses worth reading about
Initially established in 2012, Post & Packing operates in the High Street Shops sector. There are 11 locations open so far, and the network is expanding quickly. Opening a Post & Packing business requires an initial investment of £50,000. If you plan on getting a loan to cover the startup costs, Post & Packing asks for a personal investment of at least £35,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. An investment in this franchise entitles you to expert training and support as well as financial assistance, if eligible.
Take a look at Nicholas Humphreys Estate Agent. First established in 1999, the brand has gained valuable experience and expertise over the past 21 years. By joining its current 28 franchisees, you would become a part of a growing brand network. You will need to invest £31,200 to start your own Nicholas Humphreys Estate Agent business. At least £9,360 of this reasonable amount should come from your own personal investment. These low startup costs make it a good option to pursue for first-time franchisees. If you are unsure about starting your own business, taking on an established franchise could be the solution. Nicholas Humphreys Estate Agent provides full training and support, ensuring that its franchisees are well-equipped to succeed. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See our website for more information.
Lastly, have a look at Cash Generator, another attractive High Street Shops franchise that launched in 1997. Cash Generator has acquired valuable experience in the field in its 23 years since first opening. The brand's network is made up of 700 franchisees, which increase its exposure. A substantial initial investment of £240,000 will enable you to open 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 apply for a loan to cover the remaining costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. The training and assistance provided by Cash Generator give you the tools to manage your own business successfully.
If you would like to check out more franchising options in the High Street Shops sector, we currently have 19 available opportunities. Whether you've already made the decision to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of 238 franchising opportunities to help you find the right fit.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.