Retail Franchise opportunities to start in Wakefield
Wakefield could be home to your new business
If you want to open your own business, you may find that Wakefield has a lot to offer. Many companies are currently recruiting franchisees in the West Yorkshire Met County area. Read on to see if running a franchise could be a good option for you! Browse our extensive possibilities in order to find the right brand for you, and you'll be one step closer to starting your own business.
Approximately 2,320,000 people currently live in West Yorkshire Met County. The majority of residents are aged 20 to 39 years old. In terms of employment, the area has an economically active population of 1,100,200 people (75.8%), of which the unemployment rate is 4.6%. This figure is slightly higher than the average unemployment rate in the UK.
Why open a business in the High Street Shops sector?
There are 19 franchises in the High Street Shops sector to choose from. Bear in mind that the potential for exciting business plans in the Retail industry is not limited to the High Street Shops sector. Other available investment options include three E Cigarette franchises, two Music Shop franchises, four Sweet Shop franchises, four Printing franchises and two Greeting Card franchises. See if there's one to suit your career goals.
Three franchises that could interest you
If you like the idea of opening a franchise in the High Street Shops sector, Schmidt could be an option for you. This brand is growing, counting 28 outlets across the United Kingdom. A total of £350,000, a significant initial investment, is required to start a Schmidt franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £80,000 of the total investment should come from your personal funds. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. If eligible, you might be entitled to financial assistance.
Another option to consider is Promedica24. By joining its current 100 franchisees, you would become a part of a growing brand network. You will need to invest £40,000 to start your own Promedica24 business. At least £1,000 of this affordable amount should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees.
Lastly, another option worth considering is Ecigwizard, a brand that has been operating since 2011. The brand is developing quickly, with 45 locations already in operation, and a desire to expand further. In order to open an Ecigwizard business, an initial investment of £60,000 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. Ecigwizard asks for a personal investment of at least £40,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Financial aid can be provided in some circumstances. See our website for more information.
If you are considering opening a franchise business in the High Street Shops sector, you might be interested to explore our 19 available brands. Point Franchise offers a total of close to 250 franchising opportunities across a variety of sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.