Retail Franchise opportunities to start in Cannock
Why should you invest in Cannock?
The franchising options in Cannock, located in the West Midlands, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to discover which brands you could work with in Cannock Chase. Check out our various franchising opportunities to find the sectors and brands that most appeal to you.
There are approximately 100,000 people currently living in Cannock Chase. Residents aged 40 to 59 years old have the highest concentration in the population. For the Cannock Chase area, the average salary is £25,057, which is slightly lower than the UK average income of close to £31,000.
Why open a franchise in the High Street Shops sector?
In the UK, you will find 19 franchises recruiting in the High Street Shops sector. In fact, we have a wide selection of options in the Retail industry including the franchises in the High Street Shops sector. You can pick from four Printing franchises, three Fashion franchises, two Greeting Card franchises, three Toy Store franchises and two Music Shop franchises today. Many companies in Cannock Chase already work in the Retail industry, which employs 4,500 people. You would be joining a well-established business community.
Three brands worth your attention
Schmidt operates in the High Street Shops sector. The brand is expanding, with 28 locations already in operation, and a desire to expand further. To start your business, you will need an initial investment of £350,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Schmidt, the minimum personal investment is £80,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Another interesting franchising opportunity is Granite & TREND Transformations. You will need to invest £67,500 to start your own Granite & TREND Transformations business. At least £30,000 of this should come from your own personal investment. It is thus less appropriate for new investors.
Finally, another option to consider is Cash Converters, a brand that first opened in 1984. The company has built strong customer loyalty over the past 36 years. By joining its network of 200 franchisees, you would become a part of a well-established business community. To start your business, you will need an initial investment of £100,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Cash Converters, the minimum personal investment is £39,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
The High Street Shops sector currently offers 19 investment options. If you're curious about franchising opportunities in other sectors, Point Franchise has 236 brands to choose from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.