Retail Franchise opportunities to start in Newcastle-under-Lyme
Starting a new business in Newcastle-under-Lyme
Have you ever considered opening a franchise in Newcastle-under-Lyme? This could be your opportunity to manage your own business while benefiting from comprehensive training and marketing support, since many brands in the Newcastle-under-Lyme area are currently recruiting franchisees. If you already know which line of work you'd like to pursue, look into our franchise options in that sector. If not, look around and see what other options catch your eye. We have businesses to suit many different interests and career objectives.
A recent census found that 129,000 people live in Newcastle-under-Lyme. The population's most prevalent age group is made up of 20-39 year olds. In terms of employment, the area has a labour force of 62,600 people (76.3%), of which the unemployment rate is 5%. This figure is slightly higher than the average unemployment rate across the UK. The average gross income in the UK is close to £31,000. Residents of Newcastle-under-Lyme earn £24,646 a year on average.
The High Street Shops sector could be the right choice for you
If the idea of running a business in the High Street Shops sector appeals to you, take a look at the 19 brands currently recruiting franchisees in the sector. In fact, we have a wide range of options in the Retail sector including the franchises in the High Street Shops sector. You can choose from four Printing franchises, three Craft franchises, three E Cigarette franchises, three Fashion franchises and four Sweet Shop franchises today. It may interest you to know that companies in the Newcastle-under-Lyme area currently employ 5,000 people in the Retail industry.
Take a look at three franchise business examples
Mail Boxes Etc. is an interesting business operating in the High Street Shops sector. An affordable initial investment of £60,000 will enable you to open your own Mail Boxes Etc. business. In most cases, your personal investment should represent 30 to 50% of the total amount. Mail Boxes Etc. requires you to personally invest at least £25,000. You could potentially apply for a loan to cover the remaining costs. These relatively low startup costs make it a good option to pursue for first-time franchisees. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Gautier is another interesting investment opportunity if you plan to invest in the High Street Shops sector. This brand is developing, counting two outlets in the United Kingdom. You will need to invest in a small premises to operate this business. By investing in this established brand, you could be eligible for financial aid.
Finally, Santos could be another good option for you to invest in. The brand has a well-established network and good exposure, running in 260 franchise locations. To start 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 recommended for first-time franchisees. A small premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See eligibility details on our website.
If you are interested in the High Street Shops sector and want to discover more franchising opportunities, check out the 19 brands available in this sector. If you're interested in exploring franchising opportunities in other sectors, Point Franchise has close to 250 brands to pick from.
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