Retail Franchise opportunities to start in Birkenhead
What to consider when opening a business in Birkenhead
Are you considering opening a franchise? Birkenhead, in the North West of England, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while running your own business. Take a look at the brands currently recruiting in Wirral. Why not have a browse through our range of franchising options? There are opportunities to suit many needs and career goals.
According to recent census data, there are 323,000 people in Wirral. The most prevalent age group in the population is over 60 years old. The community has a 4.8% unemployment rate, which is slightly higher than the UK average of 4%. There are 153,800 economically active people in the area, representing 80.6% of the total population. In the UK, the average gross salary is £30,629; in the Wirral area, it is £29,043.
The High Street Shops sector and its investment options
There are 19 brands offering franchise opportunities in the High Street Shops sector. In addition to the business opportunities in the High Street Shops sector, the Retail sector offers two Cosmetic franchises, three E Cigarette franchises, two Greeting Card franchises, four Printing franchises and three Fashion franchises. Have a look at the brands to find out if your perfect match is among them.
Eager to know more? Here are three franchise business examples
The High Street Shops sector has many franchise opportunities available, such as Mr Arkwright's Tool Emporium. This investment entitles you to training, assistance and support from Mr Arkwright's Tool Emporium.
BoConcept, open since 1993, is another interesting option. By joining its network of 250 franchisees, you would become a part of a well-established business community. BoConcept has gained valuable experience in the sector in its 27 years since first opening. A substantial initial investment of £500,000 will enable you to start your own BoConcept business. In most cases, your personal investment should represent 30 to 50% of the total amount. BoConcept requires you to personally invest at least £100,000. You could potentially apply for a loan to cover the remaining costs. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Lastly, another brand worth considering is CAVAVIN. The brand's network is made up of 160 franchisees, which enhance its exposure. To start your business, you will need an initial investment of £100,000. 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 generally be required. For CAVAVIN, the minimum personal investment is £40,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. If you are unsure about starting your own business, taking on an established franchise could be the solution. CAVAVIN provides full training and support, ensuring that its franchisees are well-equipped to succeed. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance. Visit our website for details.
There are currently 19 available investment opportunities in the High Street Shops sector. Check out these businesses to see if there's a good fit for you. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across many different sectors. Enjoy exploring your options.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.