Retail Franchise opportunities to start in Lichfield
Lichfield and its prospects for new Businesses
You could start your own business by becoming a franchisee in Lichfield. Lichfield, located in the West Midlands, offers a variety of new business investment opportunities. On this page, you'll find a selection of brands looking for franchisees. Browsing our range of companies and sectors will allow you to pinpoint the type of business that is right for you.
There are an estimated 104,000 people living in the Lichfield area. The 60+ age group has the highest concentration in the population. The region's average gross annual income of £33,360 is higher than the average income of close to £31,000 across the UK.
Why choose to operate in the High Street Shops sector?
Are you interested in the High Street Shops sector? If so, there are 19 available franchises to choose from in the United Kingdom. Many brands offer franchise options in other sectors within the Retail industry. For instance, there are three Toy Store franchises, three Craft franchises, three Fashion franchises, two Greeting Card franchises and four Printing franchises. You'll find opportunities to suit all kinds of career goals and aspirations. If you are thinking about joining the Retail industry, it may interest you to know that 4,500 people have already made the decision to work in this sector in the Lichfield area.
Check out three available franchise opportunities
If you're planning to invest in the High Street Shops sector, take a look at Apollo Blinds, a brand that launched in 1972. Apollo Blinds has been running for 48 years and has gained many loyal customers as a result. There are 50 locations open so far, and the network is expanding. An initial investment of £20,000 will allow you to open your own Apollo Blinds business. Given these low startup costs, this option could be suitable for first-time franchisees.
Schmidt is an interesting investment opportunity in the High Street Shops sector. By joining its 28 franchises already in operation, you could contribute to this company's expansion. This business requires a substantial initial investment of £350,000. If you intend to get 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 Schmidt business is £80,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. Also, if you can't afford the startup costs alone, you may be entitled to financial aid. See our website for more information.
Finally, another possibility to consider is Cash Generator. The brand first opened in 1997. The company now has 23 years of experience, making it a leader in the field. The brand operates in 700 franchise locations which make up a well-established business community. Opening a Cash Generator business requires a substantial initial investment of £240,000. At least £80,000 should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
If you would like to find out more about franchise opportunities in the High Street Shops sector, have a look through our 19 available options. At Point Franchise, we are proud to offer close to 250 franchise options across different sectors, helping you find the perfect investment opportunities for you.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.