Retail Franchise opportunities to start in Chesterfield
Why should you invest in Chesterfield?
Chesterfield, located in the East Midlands, offers a number of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising opportunities here. You might just find the right brand for starting your own business in the Chesterfield area. There are a variety of new business investment opportunities available based on your budget and career goals. Have a look to find the brand that appeals to you most.
Chesterfield has a population of approximately 105,000 people. The population's most prevalent age group is made up of 40-59 year olds. The 7.9% unemployment rate among 47,300 economically active people in the region is slightly higher than the national average. Chesterfield has an average annual salary of £26,339. This salary is slightly lower than the rest of the UK, which has an average income of just over £30,500.
The High Street Shops sector could be the right choice for you
Are you interested in the High Street Shops sector? You're likely to come across a franchise worth considering among 19 brands across the United Kingdom. The High Street Shops sector is just one example of the options available in the Retail sector. Other opportunities include three Craft franchises, two Greeting Card franchises, two Music Shop franchises, four Sweet Shop franchises and four Tool franchises. Have a browse, the perfect investment opportunity for you could be a few clicks away. If you would like to run a business in the Retail industry, it could be useful to know that companies in the field currently employ 5,000 people in the Chesterfield area.
Three franchises that might interest you
The High Street Shops sector offers a range of brands to choose from, including Granite & TREND Transformations. You will need to invest £67,500 to open your own Granite & TREND Transformations business. At least £30,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. This brand also provides its franchisees with full training and support.
Another interesting investment opportunity is Veeno. This brand is developing, counting eight outlets in the United Kingdom. Starting a Veeno franchise will require you to invest a minimum of £80,000. At least £35,000 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. A large premises will also be required to operate this business. Veeno could be a good option for you, as the company provides comprehensive training and support. Also, if you can't cover the startup costs alone, you may be able to benefit from financial assistance.
Finally, another brand worth considering is CAVAVIN. The brand operates in 160 franchise locations which make up a strong business community. In order to start a CAVAVIN business, a substantial initial investment of £100,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. CAVAVIN requires a personal investment of at least £40,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. By investing in this established brand, you can gain access to expert training and support and could even be eligible for financial aid. Visit our website for more information.
The High Street Shops sector has many successful franchise businesses. We currently have 19 opportunities available in this sector. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across a variety of sectors. Enjoy exploring your options.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.