Retail Franchise opportunities to start in West Bridgford
West Bridgford is waiting for you to start a franchise business
West Bridgford, located in the East Midlands, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Rushcliffe area. We offer a number of franchises to suit different budgets and career goals. Take a look at our selection of brands and sectors to see what might suit you.
Recent figures show that 118,000 people live in Rushcliffe. The most prevalent age group in the population falls within the 40-59 age bracket. The community has 57,700 economically active people, representing 83.3% of the population, with an unemployment rate of 2.6%. This rate is significantly lower than the country's 4% national average. The local income averages £37,873 per year, which is significantly higher than the just over £30,500 average income in the UK as a whole.
Why High Street Shops businesses appeal to franchisees
If the idea of running a business in the High Street Shops sector appeals to you, have a look at the 19 brands currently recruiting franchisees in the field. In fact, the Retail sector as a whole offers a wide variety of franchises to invest in, including three Toy Store franchises, three Fashion franchises, 19 Retail franchise, two Greeting Card franchises and two Music Shop franchises. Explore our available brands to find a potential match. Opening a business is not a simple feat, but becoming a franchisee makes running your own business much more feasible. The Rushcliffe region offers plenty of opportunities for starting a new and exciting business venture of your own. The Retail industry is a busy one in the region, already employing 3,000 people. So, what is stopping you from opening your own business in Rushcliffe today?
Three franchises that might interest you
Zip Yard is a competitive brand operating in the High Street Shops sector. You may qualify for financial assistance.
If the High Street Shops sector appeals to you, CAVAVIN is another option you could consider. The brand's network is made up of 160 franchisees, which promote its visibility. To start your own CAVAVIN franchise, you will need to invest £100,000, of which at least £40,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. If eligible, you might be entitled to financial aid.
Finally, Mail Boxes Etc. Is another successful brand operating in the High Street Shops sector. The brand has grown over time and now operates in 1,600 different locations. This business opportunity requires an affordable initial investment of £60,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Mail Boxes Etc. requires a minimum personal investment of £25,000. These low startup costs make this a good franchising option for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial aid. Visit our website for details.
If working in the High Street Shops sector appeals to you, take a look at our 19 available franchising options in the sector. If this sector doesn't suit your needs, don't worry. Point Franchise offers 236 franchise options across a range of sectors to help you find your perfect investment opportunity.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.