Retail Franchise opportunities to start in Stoke-on-Trent
What to know before starting a franchise in Stoke-on-Trent
Would you like to open a business in Stoke-on-Trent, located in the West Midlands? Would you like to work for yourself but not on your own? If so, take a look at our franchising options. On this page, you'll find several brands offering the training and support you need to run your own business in the Stoke-on-Trent area. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and business objectives.
According to recent census data, 256,000 people live in Stoke-on-Trent. When broken down by age range, the majority of the population sits within the 20-39 category. In terms of employment, the area has a labour force of 120,500 people (75.8%), of which the unemployment rate is 4.3%. This figure is in line with the average unemployment rate in the UK. In the United Kingdom, the average gross income is close to £31,000; in the Stoke-on-Trent area, it is £25,185.
Why start a business in the High Street Shops sector?
If you're thinking about becoming a franchisee in the High Street Shops sector, check out our 19 franchise opportunities currently available in the field. The Retail sector offers a variety of options in addition to those in the High Street Shops sector. These include two Cosmetic franchises, three E Cigarette franchises, four Tool franchises, four Printing franchises and 19 Retail franchises. Have a look at the brands available to find out which could be your perfect match.
Three brands worth your attention
If you're interested in the High Street Shops sector, take a look at Cash Generator. The brand benefits from a strong network and good visibility, operating in 700 franchise locations. It has been running since 1997. Cash Generator has proved itself to be a successful business and leader in the sector in its 23 years since opening. You will need to invest £240,000 to open your own Cash Generator business. At least £80,000 of this substantial amount should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
BoConcept is another successful brand that has been operating in the High Street Shops sector since 1993. BoConcept has acquired valuable experience in the field in its 27 years since first opening. The brand's network is made up of 250 franchisees, which increase its exposure. A total of £500,000, a significant initial investment, is required to open a BoConcept franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £100,000 of the total investment should come from your personal funds. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
The High Street Shops sector has many brands worth considering. As a final example, check out Apollo Blinds. In business since 1972, the company has built strong customer loyalty over the past 48 years. This brand is expanding, counting 50 outlets across the UK. Opening an Apollo Blinds business requires an initial investment of £20,000. These relatively low startup costs make it a good option to pursue for first-time franchisees.
We offer a total of 19 businesses in the High Street Shops sector. If you're interested, see if the right franchising opportunity for you is among them. If you're interested in exploring investment options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.