Retail Franchise opportunities to start in Loughborough
Thinking about living and working in Loughborough?
Discover the possibilities waiting for you in Loughborough, situated in the East Midlands. On this page you'll find a selection of brands recruiting franchisees in the Charnwood area. Franchising is an opportunity to manage your own business, complete with training and marketing assistance. We offer a number of realistic new business investment opportunities, so that you can find one you like.
According to recent census data, 183,000 people live in Charnwood. When broken down by age group, the 20-39 age range is the most prevalent in the population. Unemployment affects 4% of the UK population. With a rate of 3.1%, unemployment in this area is lower than the national average. The labour force amounts to 96,200 people, making up 81.3% of the population. Residents in the area earn £28,053 per year on average. This income is slightly lower than the country's average gross salary, which reaches just over £30,500.
Running a franchise in the High Street Shops sector
Across the UK, you will find 19 franchises operating in the High Street Shops sector. The Retail industry offers a variety of options in addition to those in the High Street Shops sector. These include two Greeting Card franchises, three Craft franchises, three E Cigarette franchises, four Sweet Shop franchises and four Tool franchises. Check out the brands available to find out which could be your perfect match. If you want to work in the Retail industry, it may interest you to know that, in the Charnwood area, 6,000 people currently work in the industry.
Three examples of available franchise business options
The High Street Shops sector has many franchise options available, such as Card Group, which launched in 1997. Card Group has gained valuable experience in the sector in its 23 years since first opening. The brand has expanded over time and now operates in 1,500 different locations. You will need to invest £60,000 to open your own Card Group business. At least £40,000 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Financial aid can be provided in some circumstances.
The High Street Shops sector has many brands worth considering. Have a look at Mail Boxes Etc. A network of 1,600 franchisees promotes the brand's exposure. A reasonable initial investment of £60,000 will enable you to start your own Mail Boxes Etc. business. In most cases, your personal investment should represent 30 to 50% of the total amount. Mail Boxes Etc. requires you to personally invest at least £25,000. You could potentially get a loan to cover the remaining costs. These low startup costs make this a good franchising option for first-time franchisees. You may be eligible for financial aid. Visit our website for details.
Finally, Granite & TREND Transformations is an interesting franchising opportunity in the High Street Shops sector. This business opportunity requires an initial investment of £67,500. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Granite & TREND Transformations requires a minimum personal investment of £30,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
The High Street Shops sector currently has 19 new business investment opportunities. With close to 250 franchising opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.