Retail Franchise opportunities to start in Burntwood
What to consider when starting a franchise in Burntwood
Many brands are currently looking for franchisees in Burntwood, located in the West Midlands. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing assistance. Keep reading to explore the options in the Lichfield area. Browse our extensive possibilities in order to find the right brand for you, and you'll be one step closer to opening your own business.
There are approximately 104,000 people currently living in Lichfield. The 60+ age range makes up the majority of the population. The region's average gross annual income of £33,360 is higher than the average income of £30,629 across the United Kingdom.
Have you considered the High Street Shops sector?
In the United Kingdom, you will find 19 franchises recruiting in the High Street Shops sector. There are also three Toy Store franchises, four Printing franchises, two Cosmetic franchises, 19 Retail franchises and four Sweet Shop franchises recruiting franchisees in the Retail sector, alongside the High Street Shops options. Have a browse to find out whether any fit your career goals and aspirations. In Lichfield, there are currently 4,500 people working in the Retail industry, so you would become a part of an established business network.
Read about these three brands to see what franchise options exist
If you'd like to run your own High Street Shops business, BoConcept might be a great option for you. In operation since 1993, the company now has 27 years of experience, making it a leader in the sector. The brand's network is significant, counting 250 outlets in the United Kingdom. Starting a BoConcept franchise will require you to invest a minimum of £500,000. At least £100,000 of this should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Another interesting franchise option is Tubz Vending. The brand operates in 300 franchise locations which make up a strong business community. Initially, you would need to invest £3,295 to get your own Tubz Vending business up and running. Given these low startup costs, this option could be suitable for first-time franchisees. A small premises will also be required to operate this business. Eligible candidates may apply for financial aid.
Finally, Santos could be another good option for you to invest in. By joining its network of 260 franchisees, you would become a part of a well-established business community. This business opportunity requires a significant initial investment of £300,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Santos asks for a minimum personal investment of £100,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. If eligible, you might be able to benefit from financial aid. Visit our website for more information.
We offer a total of 19 businesses in the High Street Shops sector. If you're interested, see if the perfect franchising opportunity for you is among them. If this sector doesn't suit your needs, don't worry. Point Franchise offers almost 250 franchise options across a variety of sectors to help you find your perfect business opportunity.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.