Retail Franchise opportunities to start in Coalville
What can Coalville offer to new businesses?
If you want to open your own business, you may find that Coalville has a lot to offer. Several brands are currently looking for franchisees in the North West Leicestershire area. Read on to find out if running a franchise could be a good option for you! We offer a range of realistic new business investment options, so that you can find one you like.
There are 102,000 people living in the North West Leicestershire area. The most prevalent age group in the population falls in the 40-59 age bracket. Unemployment affects 4% of the UK population. With a rate of 6.2%, unemployment in this area is slightly higher than the national average. The economically active population amounts to 48,100 people, making up 76.3% of the population. Residents in the area earn £28,742 per year on average. This income is slightly lower than the country's average gross income, which reaches just over £30,500.
Why the High Street Shops sector might be a good option for you
Are you interested in running your own business in the High Street Shops sector? Take a look at our 19 franchise opportunities available in this sector. This is just one of the sectors you could choose within the Retail industry. There are also three E Cigarette franchises, three Fashion franchises, 19 Retail franchises, two Music Shop franchises and three Craft franchises. Have a browse and see if any are a good fit for you. If you're interested in the Retail industry, you may want to consider how many people already work in the industry. In North West Leicestershire, Retail businesses currently employ 3,500 people.
Three franchise business examples
If you are interested in opening a franchise in the High Street Shops sector, Cash Generator could be an option for you. Initially established in 1997, Cash Generator now has over 23 years of experience under its belt. The brand operates in 700 franchise locations which make up a strong business network. You will need to invest £240,000 to start your own Cash Generator business. At least £80,000 of this substantial amount should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees.
If the High Street Shops sector appeals to you, Noa Noa is another option you could consider. By joining its current 90 franchisees, you would become a part of a growing brand network. By investing in this franchise, you may qualify for financial support.
Lastly, another option worth considering is Mail Boxes Etc. A network of 1,600 franchisees promotes the brand's visibility. Starting a Mail Boxes Etc. franchise will require you to invest a minimum of £60,000. At least £25,000 of this should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. Financial assistance is available for eligible franchisees. See our website for details.
Many businesses are already operating in the High Street Shops sector. We currently have 19 franchise options available in the sector. You will find a total of close to 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.