Retail Franchise opportunities to start in Stafford
Starting a franchise business in Stafford
If you want to open your own business, you may find that Stafford has a lot to offer. Several companies are currently looking for franchisees in the Stafford area. Keep reading to see if running a franchise could be a good option for you! Explore our sectors and brands to find your best options among different franchising opportunities, keeping in mind your personal interests and career goals.
There are an estimated 136,000 people living in the Stafford area. Residents aged over 60 years old make up the prevalent age range within the population. The area has a 3.3% unemployment rate, which is lower than the national average of 4%. Overall, the region's labour force consists of 62,500 people or 76.7% of the total population. The average annual income across the United Kingdom is close to £31,000. With a gross salary averaging £30,270, residents of Stafford have a salary comparable to the national average.
Why start a business in the High Street Shops sector?
Are you interested in the High Street Shops sector? If so, there are 19 available brands to choose from across the United Kingdom. Bear in mind that the Retail sector offers many investment opportunities in addition to those in the High Street Shops sector. Have a look through our four Sweet Shop franchise, four Tool franchises, three Toy Store franchises, two Greeting Card franchises and three E Cigarette franchises to find out if any suit your career goals and aspirations. If you're interested in the Retail industry, you may want to consider how many people already work in the field. In Stafford, Retail businesses currently employ 5,000 people.
Check out three available franchise opportunities
The High Street Shops sector offers a variety of brands to choose from, including Noa Noa. The brand is developing, with 90 outlets currently in operation, and a desire to expand further. An investment in this franchise entitles you to financial assistance, if eligible.
Another option to consider is Cash Generator, a brand that has been in business since 1997. The brand has acquired valuable experience and expertise over the past 23 years. The brand's network is significant, counting 700 locations in the UK. You will need an initial investment of £240,000 to open your own Cash Generator business. Your personal investment should account for at least £80,000 of the total amount. You may want to think about getting a loan to open a business in this sector. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Lastly, another option worth considering is Veeno. By joining its current eight franchisees, you would become a part of a growing brand network. This business opportunity requires an initial investment of £80,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Veeno asks for a minimum personal investment of £35,000. It is thus less appropriate for new investors. 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 could see if you qualify for financial aid. See eligibility details on our website.
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. Point Franchise has almost 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.