Retail Franchise opportunities to start in Ditton
Ditton and its prospects for new Businesses
You could open your own business by becoming a franchisee in Ditton. Halton, located in North West England, offers a variety of new business investment opportunities. On this page, you'll find a range of brands looking for franchisees. Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to starting your own business.
There are an estimated 128,000 people in the Halton area. The majority of the population sits within the 40-59 age category. In terms of employment, the region has a labour force of 62,400 people (79.9%), of which the unemployment rate is 2.8%. This figure is significantly lower than the average unemployment rate in the UK. Across the UK, the annual gross income is just over £30,500 on average. In the area of Halton, it averages £26,304.
Investment options in the High Street Shops sector
Across the UK, there are 19 franchises in the High Street Shops sector. The High Street Shops sector is a part of the Retail industry. Other brands recruiting in this industry include two Greeting Card franchises, four Sweet Shop franchises, two Cosmetic franchises, two Music Shop franchises and four Tool franchises. Among these franchising options, there will likely be one that fits your career goals and aspirations. The Retail industry provides work for many people. In Halton, businesses currently employ 5,000 people in the field.
Read about these three brands to see what franchise opportunities exist
There are many interesting franchising possibilities in the High Street Shops sector. Take Cash Converters for example, a business that was first established in 1984. The brand has built strong customer loyalty over the past 36 years. The brand's network is made up of 200 franchisees, which increase its visibility. A substantial initial investment of £100,000 will enable you to open your own Cash Converters business. In most cases, your personal investment should represent 30 to 50% of the total amount. Cash Converters requires you to personally invest at least £39,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Card Group could be another good option for you to invest in. In business since 1997, Card Group now has over 23 years of experience under its belt. It is now firmly rooted in the market, counting 1,500 franchise outlets. Starting a Card Group franchise will require you to invest a minimum of £60,000. At least £40,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. When investing in this franchise, you could qualify for financial assistance.
Finally, take a look at Santos, another competitive High Street Shops franchise. The brand benefits from a strong network and good exposure, operating in 260 franchise locations. To open your own Santos franchise, you will need to invest £300,000, of which at least £100,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business.
If you would like to work in the High Street Shops sector, the perfect business opportunity could be waiting for you among our 19 available franchises in the sector. Point Franchise has almost 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.