Retail Franchise opportunities to start in Burnley
Burnley is an attractive town to invest in
Burnley, located in North West England, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Burnley area. We offer franchise investment options in many different sectors. Why not look into the sector that appeals to you the most?
Recent figures show that Burnley has a population of 89,000 people. The population's most prevalent age group is made up of 40-59 year olds. The 5.7% unemployment rate among the 39,600 economically active people in the area is slightly higher than the national average. The average gross salary in the UK is £30,629. Residents of Burnley earn £26,621 a year on average.
Could the High Street Shops sector be the right choice for you?
Across the UK, there are 19 franchises operating in the High Street Shops sector. In fact, the Retail industry as a whole offers a wide variety of franchises to invest in, including four Printing franchises, two Cosmetic franchises, two Music Shop franchises, four Tool franchises and three Toy Store franchises. Explore our available brands to find a potential match. If you would like to operate a business in the Retail industry, it could be useful to know that companies in the sector currently employ 6,000 people in the Burnley area.
Check out three available franchise opportunities
If you're interested in the High Street Shops sector, check out Card Group. It is now firmly rooted in the market, counting 1,500 franchise outlets. It has been operating since 1997. The brand now has 23 years of experience, making it a leader in the field. An initial investment of £60,000 will enable you to open your own Card Group business. In most cases, your personal investment should represent 30 to 50% of the total amount. Card Group requires you to personally invest at least £40,000. You could potentially get a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. If you can't afford the startup costs on your own, you could find out if you qualify for financial aid. This brand also provides its franchisees with full training and support.
If the High Street Shops sector appeals to you, Noa Noa is another option you could consider. By joining its 90 franchises already in operation, you could contribute to this brand's expansion. If you decide to invest in this franchise, you will be offered comprehensive training and support, giving your business the best possible chance to thrive.
Schmidt is a third interesting franchising opportunity in the High Street Shops sector. There are 28 locations open so far, and the network is expanding. In order to open a Schmidt business, a significant initial investment of £350,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Schmidt requires a personal investment of at least £80,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A small premises will also be required to operate this business. By investing in this established brand, you can benefit from access to expert training and support and could even qualify for financial assistance. Visit our website for more information.
We offer a total of 19 businesses in the High Street Shops sector. If you're interested, see if the perfect franchising opportunity for you is among them. With almost 250 franchising opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.