Retail Franchise opportunities to start in Willenhall
Willenhall is waiting for you to open a franchise business
The franchising opportunities in Willenhall, located in the West Midlands, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to discover which brands you could work with in Walsall. By browsing the sectors that appeal to you the most, you will find the brands that best suit your interests and business goals.
The Walsall area has a population of 283,000 people. The most prevalent age group in the population is 0 to 19 years old. The local unemployment rate of 6.7% among 130,000 economically active people, or 75.7% of the population, is slightly higher than the average in the United Kingdom. Across the UK, the average gross salary is close to £31,000. In the Walsall area, it is £24,014.
Why the High Street Shops sector might be a good option for you
The High Street Shops sector currently offers 19 franchise opportunities. If this sector appeals to you, check out our options. The High Street Shops sector is just one sector among many in the Retail sector. Its four Sweet Shop franchises, three Toy Store franchises, three Craft franchises, 19 Retail franchises and three Fashion franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting business venture.
Here are three examples of franchise businesses
If you would like to invest in a High Street Shops business, you could consider Cash Generator. First established in 1997, the company is now mature and a leader within the sector, having grown its franchise network for 23 years. The brand benefits from a strong network and good visibility, running in 700 franchise outlets. 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. It is thus less appropriate for new investors.
Another possibility to consider is Granite & TREND Transformations. This business requires an initial investment of £67,500. 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 Granite & TREND Transformations business is £30,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Lastly, another option worth considering is Veeno. By joining its eight franchises already in operation, you could contribute to this company's expansion. Starting a Veeno business requires an initial investment of £80,000. At least £35,000 should come from your own personal investment. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. You could also receive financial aid, if eligible. See eligibility details on our website.
If you are interested in the High Street Shops sector and want to discover more franchising options, have a look at the 19 brands available in this sector. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a variety of sectors to help you find your perfect investment opportunity.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.