Retail Franchise opportunities to start in Widnes
Widnes and its prospects for new Businesses
If you'd like to run your own business but don't know where to start, a franchise might just be the answer. Widnes, situated in the North West of England, could be a good place to start as there are many businesses currently recruiting franchisees in the Halton area. Why not have a browse through our selection of franchising options? There are opportunities to suit many needs and career goals.
A recent census found that 128,000 people live in Halton. The majority of the population sits within the 40-59 age group. The area has a labour force of 62,400 people, or 79.9% of the total population. The unemployment rate (2.8%) is very low compared to the rest of the UK. The gross annual salary in Halton amounts to £26,304, which is slightly lower than the national average of close to £31,000.
Franchising options in the High Street Shops sector
Across the UK, there are 19 franchises in the High Street Shops sector. You will find many business opportunities in the Retail sector, including those in the High Street Shops sector. Other possibilities include three Toy Store franchises, two Cosmetic franchises, four Sweet Shop franchises, four Printing franchises and three Craft franchises. There might be one worth considering among them. In Halton, the Retail industry already provides employment for nearly 5,000 people, potentially making this path an ideal one for you, too!
Want to know more? Read about these three brands
If you'd like to open your own High Street Shops business, Cash Converters could be a great option for you. In operation since 1984, the company has built strong customer loyalty over the past 36 years. The brand's network is made up of 200 franchisees, which enhance its visibility. This business opportunity requires a substantial initial investment of £100,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Cash Converters asks for a minimum personal investment of £39,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Have a look at Apollo Blinds. Launched in 1972, Apollo Blinds has been operating for 48 years and has acquired many loyal customers as a result. By joining its current 50 franchisees, you would be joining a growing brand network. To start your own Apollo Blinds business, you will need an initial investment of £20,000. These low startup costs make it a good option to pursue for first-time franchisees.
Finally, if the High Street Shops sector appeals to you, Schmidt is another option you could consider. By joining its 28 franchises already in operation, you could contribute to this brand's expansion. In order to start a Schmidt business, a substantial initial investment of £350,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Schmidt requires a personal investment of at least £80,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. A small premises will also be required to operate this business. If eligible, you might be able to benefit from financial aid. See eligibility details on our website.
The High Street Shops sector currently has 19 new business investment opportunities. With almost 250 franchising opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.