Retail Franchise opportunities to start in Stockport
Investing in Stockport could be your next move
Have you ever considered opening a franchise in Stockport? This could be your opportunity to manage your own business while benefiting from comprehensive training and marketing support, since many businesses in the Stockport area are currently recruiting franchisees. By exploring the sectors that appeal to you the most, you will find the brands that best suit your interests and career objectives.
Recent figures show that Stockport has a population of 292,000 residents. Residents in the 40-59 age group make up the largest portion of the population. The 4.8% unemployment rate among the 141,600 economically active people in the area is slightly higher than the UK average. Residents of Stockport have an annual average salary of £31,553. In comparison, the average gross income in the UK is £30,629.
Franchising options in the High Street Shops sector
Across the UK, there are 19 franchises operating in the High Street Shops sector. Bear in mind that the potential for exciting business plans in the Retail sector is not limited to the High Street Shops sector. Other available investment opportunities include two Greeting Card franchises, three E Cigarette franchises, two Music Shop franchises, four Sweet Shop franchises and three Fashion franchises. See if there's one to suit your business goals.
Take a look at these three business examples
Veeno is an interesting business operating in the High Street Shops sector. This business requires an initial investment of £80,000. If you plan on getting 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 Veeno business is £35,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
If the High Street Shops sector appeals to you, Nicholas Humphreys Estate Agent is another option you could consider. First established in 1999, the company is now mature and a leader within the sector, having grown its franchise community for 21 years. By joining its 28 franchises already in operation, you could contribute to this brand's expansion. Opening a Nicholas Humphreys Estate Agent franchise will require you to invest a minimum of £31,200. At least £15,000 of this should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. When investing in this franchise, you could qualify for financial assistance. See eligibility details on our website.
Lastly, another interesting franchise option is Apollo Blinds, which opened in 1972. Apollo Blinds now has 48 years of experience in the field, making it a strong leader. The brand is expanding, with 50 locations already in operation, and a desire to expand further. To open your own Apollo Blinds business, you will need an initial investment of £20,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
If working in the High Street Shops sector appeals to you, have a look at our 19 available franchising opportunities in the sector. You will find a total of close to 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.