Retail Franchise opportunities to start in Farnworth
Opening a franchise business in Farnworth
Would you like to start a business in Farnworth, located in North West England? Would you like to work for yourself but not on your own? If so, have a look at our franchising options. On this page, you'll find various brands offering the training and support you need to run your own business in the Halton area. Check out our different franchising opportunities to discover the sectors and brands that most appeal to you.
Recent figures show that Halton has a population of 128,000 people. Residents in the 40-59 age group make up the largest portion of the population. The labour force constitutes 79.9% of the population, or approximately 62,400 people. The community has an unemployment rate of 2.8% which is significantly lower than the national average of 4%. For the Halton area, the average salary is £26,304, which is slightly lower than the UK average income of just over £30,500.
Why choose to open a business in the High Street Shops sector?
Across the United Kingdom, there are currently 19 opportunities to run your own franchise in the High Street Shops sector. Could an opening business in the High Street Shops sector, or in the Retail industry more widely, help you reach your career goals and aspirations? Take a look at the two Cosmetic franchises, four Tool franchises, three Craft franchises, three Toy Store franchises and two Music Shop franchises recruiting at this time. Moreover, the number of people currently employed in a specific industry gives an idea of how dynamic it is. In the Halton area, 5,000 people work for Retail companies.
Three brands worth your attention
If you're interested in the High Street Shops sector, check out Tubz Vending. The brand benefits from a well-established network and good visibility, operating in 300 franchise outlets. To open your own Tubz Vending business, you will need an initial investment of £3,295. These low startup costs make it a good option to pursue for first-time franchisees. You will also need to invest in a small premises to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
Post & Packing is another successful brand that has been operating in the High Street Shops sector since 2012. There are 11 locations open so far, and the network is expanding quickly. To start your business, you will need an initial investment of £50,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Post & Packing, the minimum personal investment is £35,000. Given these higher startup costs, this is 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 details.
Finally, another option to consider is Cash Converters, a brand that has been in business since 1984. The brand has grown a devoted following over the past 36 years. The brand runs in 200 franchise locations which make up a strong business network. To open your own Cash Converters franchise, you will need to invest £100,000, of which at least £39,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not recommended for first-time franchisees.
If working in the High Street Shops sector appeals to you, have a look at our 19 available franchising options in the sector. If you're curious about business options in other sectors, we've got a total of close to 250 franchising opportunities to choose from on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.