Retail Franchise opportunities to start in Rochdale
Rochdale and its prospects for new Businesses
If you'd like to open your own business but don't know where to start, a franchise might just be the solution. Rochdale, situated in North West England, could be a good place to start as there are many brands currently recruiting franchisees in the Rochdale area. We offer franchise investment opportunities in a variety of sectors. Why not check out the sector that appeals to you the most?
The population of Rochdale is made up of 220,000 people. Residents aged 20 to 39 years old are the most represented in the population. Approximately 99,600 people are economically active in the region, representing 75.0% of the population. The unemployment rate 6.3% is high compared to the national average 4%. In the UK, the average gross salary is close to £31,000; in the Rochdale area, it is £25,682.
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 sector, keep reading. The High Street Shops sector is part of the Retail sector, which also offers four Sweet Shop franchises, three Craft franchises, 19 Retail franchises, three Toy Store franchises and three Fashion franchises. The perfect business to suit your career goals and aspirations might just be among them. In Rochdale, the Retail industry already provides work for nearly 9,000 people, potentially making this path an ideal one for you, too!
Check out three available franchise options
If you're interested in the High Street Shops sector, take a look at Post & Packing, a brand that launched in 2012. The brand is developing quickly, with 11 outlets already in operation, and a desire to expand further. Starting 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. Due to the higher startup costs, this option is not recommended for first-time franchisees. The training and assistance provided by Post & Packing give you the tools to run your own business efficiently. Financial aid can also be provided in some circumstances.
Have a look at Santos. By joining its network of 260 franchisees, you would become a part of a well-established business community. Starting a Santos franchise will require you to invest a minimum of £300,000. At least £100,000 of this should come from your own personal investment. 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. An investment in this franchise entitles you to expert training and support as well as financial assistance, if eligible.
Finally, another option worth considering is Card Group, a company that has been in business since 1997. Card Group has proved itself to be a successful business and leader in the field in its 23 years since opening. Franchisees benefit from this company's wide network, which operates across 1,500 franchise locations. You will need an initial investment of £60,000 to open your own Card Group business. Your personal investment should account for at least £40,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Due to the higher startup costs, this option is not advisable for first-time franchisees. If you decide to invest in this franchise, you will be offered comprehensive training and support, giving your business the best possible chance to succeed. Financial aid is also available, providing you meet the eligibility criteria. Visit our website for more information.
There are currently 19 franchising opportunities available in the High Street Shops sector. If you are still not sure which sector best suits your needs, have a look through our range of 238 new business investment opportunities across different sectors on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.