Retail Franchise opportunities to start in Halifax
Starting a new business in Halifax
If you're considering running your own business in Halifax, located in Yorkshire and the Humber, you should explore franchising options. Several brands are currently recruiting in the Calderdale area. As a franchisee you could manage your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
A recent census found that 210,000 people live in Calderdale. Residents aged 40 to 59 years old make up the majority of the population. The local labour force includes 97,100 people, or 74.5% of the total population. With an unemployment rate of 3.2%, recent data indicates that employment in this area is lower than in the rest of the United Kingdom. The average gross income in the United Kingdom is £30,629. Residents of Calderdale earn £26,394 a year on average.
Running a franchise in the High Street Shops sector
Are you interested in the High Street Shops sector? If so, there are 19 available franchises to choose from in the United Kingdom. The High Street Shops sector is part of the Retail industry, which also offers three Toy Store franchises, four Printing franchises, three E Cigarette franchises, two Cosmetic franchises and three Craft franchises. The perfect business to suit your career goals and aspirations might just be among them. If you're interested in the Retail industry, you're not alone. In Calderdale, 7,000 people currently work in the sector.
Check out these three business examples
If you plan to invest in a High Street Shops business, you could consider Veeno. There are eight outlets open so far, and the network is expanding. You will need to invest £80,000 to start running your own Veeno business. Your personal investment should account for at least £35,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you could find out if you qualify for financial assistance.
Another option to consider is Ecigwizard, a brand that has been in business since 2011. The brand is growing quickly, with 45 locations already in operation, and a desire to expand further. This business opportunity requires an initial investment of £60,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Ecigwizard asks for a minimum personal investment of £40,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you can't cover the startup costs on your own, you may qualify for financial aid.
Finally, another option to consider is Post & Packing. The company was first established in 2012. By joining its 11 franchises already in operation, you could contribute to this company's rapid expansion. In order to open a Post & Packing business, an initial investment of £50,000 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. Post & Packing requires a personal investment of at least £35,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial aid. Visit our website for more information.
If you would like to know more about franchise opportunities in the High Street Shops sector, have a browse through our 19 available options. Whether you've already decided to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of close to 250 franchising opportunities to help you find the right fit.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.