Retail Franchise opportunities to start in Warwick
Starting a franchise business in Warwick
Would you like to run your own business? Warwick, located in the West Midlands, could be a good place to start. There are many brands currently recruiting franchisees in the Warwick area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. We offer franchise investment options in many different sectors. Why not look into the sector that appeals to you the most?
There are an estimated 142,000 people in the Warwick area. The 20-39 age range makes up the majority of the population. Unemployment in the area (1.8%) is very low compared to the United Kingdom as a whole (4%). The labour force represents 80.2% of the local population, or 71,800 people. Across the UK, the annual gross income is just over £30,500 on average. In the area of Warwick, it is £36,121.
Why High Street Shops businesses appeal to franchisees
There are currently 19 opportunities to invest in the High Street Shops sector. If you would like to operate a business in this field, keep reading. The High Street Shops sector is actually part of the Retail sector which offers a wider selection. There are currently three Craft franchises, four Printing franchises, three Fashion franchises, three Toy Store franchises and two Greeting Card franchises recruiting at this time. Amongst these opportunities, there is likely to be one to suit your career goals and aspirations. If you are thinking about joining the Retail industry, you may be interested to know that 6,000 people have already made the decision to work in this industry in the Warwick area.
Eager to know more? Here are three franchise business examples
The High Street Shops sector offers a variety of brands to choose from, including Mail Boxes Etc. A network of 1,600 franchisees promotes the brand's exposure. Opening a Mail Boxes Etc. business requires an affordable initial investment of £60,000. At least £25,000 should come from your own personal investment. These low startup costs make it a good option to pursue for first-time franchisees. You may feel more secure in starting a Mail Boxes Etc. franchise knowing that franchisees are provided with full training, assistance and support. Eligible candidates may also apply for financial aid.
Santos is an interesting franchising opportunity in the High Street Shops sector. The brand runs in 260 franchise locations which make up a well-established business network. This business requires a substantial initial investment of £300,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Santos business is £100,000. It is thus less appropriate for new investors. A small premises will also be required to operate this business. If you are unsure about starting your own business, taking on an established franchise could be the answer. Santos provides full training and support, ensuring that its franchisees are well-equipped to succeed. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance. See our website for more information.
Finally, Ecigwizard, open since 2011, is another interesting option. This brand is expanding quickly, counting 45 locations across the United Kingdom. You will need to invest £60,000 to start your own Ecigwizard 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. Investing in Ecigwizard entitles you to all the guidance, training and support you need to run your business successfully.
If you are interested in the High Street Shops sector and want to discover more franchising opportunities, take a look at the 19 brands available in this sector. 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.
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