Retail Franchise opportunities to start in Heywood
Why should you invest in Heywood?
Are you thinking about opening a franchise? Heywood, in North West England, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while managing your own business. Have a look at the brands currently recruiting in Rochdale. With your interests and career goals in mind, have a look at our selection of new business investment opportunities.
According to recent census data, there are 220,000 people in Rochdale. Residents aged 20 to 39 years old make up the majority of the population. In terms of employment, the area has an economically active population of 99,600 people (75.0%), of which the unemployment rate is 6.3%. This figure is slightly higher than the average unemployment rate in the United Kingdom. The average gross salary in the UK is £30,629. Residents of Rochdale earn £25,682 a year on average.
Why the High Street Shops sector might be a good option for you
Are you interested in the High Street Shops sector? You're likely to come across a franchise worth considering among 19 brands across the country. The High Street Shops sector is part of the Retail industry, which also offers four Sweet Shop franchises, four Printing franchises, three Craft franchises, 19 Retail franchises and three Toy Store franchises. The perfect business to suit your career objectives and aspirations might just be among them. If you want to work in the Retail industry, it may interest you to know that, in the Rochdale area, 9,000 people currently work in the industry.
Three franchise business examples worth looking at
Noa Noa is a competitive business operating in the High Street Shops sector. By joining its current 90 franchisees, you would be joining a growing brand network. When investing in this franchise, you could be eligible for financial assistance. See our website for details.
Granite & TREND Transformations is another interesting franchising opportunity if you plan to invest in the High Street Shops sector. A total of £67,500 is required to start a Granite & TREND Transformations franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £30,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Lastly, Cash Generator, open since 1997, is another interesting option. The brand's network is made up of 700 franchisees, which increase its exposure. The brand is now mature and a leader within the sector, having expanded its franchise network for 23 years. To start your business, you will need an initial investment of £240,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Cash Generator, the minimum personal investment is £80,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
If you would like to check out more franchising options in the High Street Shops sector, we currently have 19 available opportunities. If you're curious about business options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.