Retail Franchise opportunities to start in Manchester
Investing in a franchise in Manchester
If you want to start a business in Manchester, working for yourself but not on your own, then check out our franchising opportunities in the North West of England. On this page, you will find a variety of brands to choose from for becoming a franchisee in the Manchester area and across the UK. Browsing our range of companies and sectors will allow you to pinpoint the type of business that is right for you.
The Manchester area has a population of 548,000 people. Residents aged 20 to 39 years old are the most represented within the population. Approximately 276,800 people are economically active in the community, representing 71.3% of the population. The unemployment rate (6.3%) is high compared to the UK average (4%). Across the UK, the average gross salary is just over £30,500. In the Manchester area, it is £25,609.
Does the High Street Shops sector appeal to you?
If you're thinking about becoming a franchisee in the High Street Shops sector, have a look at our 19 franchise options currently available in the field. The High Street Shops sector is a part of the Retail industry. Other brands recruiting in this industry include four Tool franchises, two Greeting Card franchises, two Music Shop franchises, four Sweet Shop franchises and three Craft franchises. Among these franchising options, there will likely be one that fits your career goals and aspirations. If you're interested in the Retail industry, you're not alone. In Manchester, 34,000 people currently work in the sector.
Three franchises that might interest you
If you are interested in opening a franchise in the High Street Shops sector, Schmidt could be an option for you. By joining its current 28 franchisees, you would become a part of a growing brand network. This business opportunity requires a significant initial investment of £350,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Schmidt asks for a minimum personal investment of £80,000. It is thus less appropriate for new investors. A small premises will also be required to operate this business. If you can't cover the startup costs on your own, you may be eligible for financial aid.
Another interesting franchise option is Veeno. This brand is growing, counting eight locations across the country. An initial investment of £80,000 will enable you to open your own Veeno business. In most cases, your personal investment should represent 30 to 50% of the total amount. Veeno requires you to personally invest at least £35,000. You could potentially apply for a loan to cover the remaining costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. Eligible candidates may apply for financial assistance.
The High Street Shops sector has many brands worth considering. As a final example, take a look at CAVAVIN. The brand has a strong network and good exposure, operating in 160 franchise outlets. This business requires a substantial initial investment of £100,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a CAVAVIN business is £40,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. If you can't afford the startup costs on your own, you may qualify for financial aid. See our website for details.
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. If you're interested in exploring franchising options in other sectors, Point Franchise offers close to 250 brands to choose from.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.
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