Retail Franchise opportunities to start in Hyde
Hyde could be home to your new business
If you'd like to open your own business but don't know where to start, a franchise might just be the answer. Hyde, situated in South West England, could be a good place to start as there are many businesses currently recruiting franchisees in the Gloucestershire area. Browsing our range of brands and sectors will allow you to pinpoint the type of business that is right for you.
There are 634,000 people living in the Gloucestershire region. The most prevalent age group in the population falls within the 40-59 age bracket. Unemployment affects 4% of the UK population. With a rate of 3.4%, unemployment in this area is lower than the national average. The labour force amounts to 321,100 people, representing 84.8% of the population. The annual income in the United Kingdom is just over £30,500 on average. The people of Gloucestershire earn an average annual salary of £30,049, in line with the national average.
Why the High Street Shops sector might be a good option for you
If you would like to operate a High Street Shops franchise, you are likely to find one that interests you among 19 available across the United Kingdom. The High Street Shops sector is just one example of the options available in the Retail industry. Other options include three Toy Store franchises, two Music Shop franchises, two Cosmetic franchises, four Tool franchises and two Greeting Card franchises. Have a look, the perfect investment opportunity for you could be a few clicks away. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Gloucestershire area, 26,000 people are employed by Retail companies.
Three franchises that could interest you
Schmidt is an interesting franchise operating in the High Street Shops sector. By joining its current 28 franchisees, you would be joining a growing brand network. In order to start a Schmidt business, a substantial initial investment of £350,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Schmidt asks for a personal investment of at least £80,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. When investing in this franchise, you could be eligible for financial aid.
Check out Santos. The brand runs in 260 franchise locations which make up a strong business community. Starting a Santos franchise will require you to invest a minimum of £300,000. At least £100,000 of this 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. You will also need to invest in a small premises to operate this business. An investment in this franchise entitles you to financial assistance, if eligible.
Finally, if the High Street Shops sector appeals to you, Gautier is another option you could have a look at. This brand is growing, counting two locations across the country. A small premises will be required to operate this business. If you can't afford the startup costs on your own, you could see if you qualify for financial aid. Visit our website for more information.
Eager to read more about business opportunities in the High Street Shops sector? Explore our 19 available options. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of 236 franchising possibilities.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.