Retail Franchise opportunities to start in Oxford
Thinking about living and working in Oxford?
Oxford, located in South East England, offers a number of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Oxford area. Why not have a browse through our range of new business investment options? There are opportunities to suit various needs and career goals.
There are approximately 154,000 people currently living in Oxford. The 20-39 age group is the most represented within the population. Across the UK, the average gross salary is £30,629. In the Oxford area, it amounts to £28,983.
Why choose to work in the High Street Shops sector?
If you would like to run a High Street franchise, you are likely to find one that interests you among 19 available across the United Kingdom. Bear in mind that the potential for exciting business plans in the Retail industry is not limited to the High Street Shops sector. Other available investment options include three Toy Store franchises, three Craft franchises, four Printing franchises, 19 Retail franchises and four Tool franchises. See if there's one to suit your business goals. If you're keen on the Retail industry, you may want to consider how many people already work in the field. In Oxford, Retail businesses currently employ 9,000 people.
Here are three examples of franchise businesses
Cash Converters is an interesting franchise that has been operating in the High Street Shops sector since 1984. Cash Converters is a recognized leader in the sector, with 36 years of experience under its belt the brand benefits from a well-established network and good visibility, operating in 200 franchise locations. A total of £100,000, a substantial initial investment, is required to start a Cash Converters franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £39,000 of the total investment should come from your personal funds. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. An investment in this franchise entitles you to expert training and support
Ecigwizard is another successful brand that has been operating in the High Street Shops sector since 2011. There are 45 outlets open so far, and the network is expanding quickly. Opening an Ecigwizard business requires an initial investment of £60,000. If you intend to get a loan to cover the startup costs, Ecigwizard asks for a personal investment of at least £40,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. This investment entitles you to training, assistance and support from Ecigwizard.
Lastly, Granite & TREND Transformations is another interesting franchising opportunity if you plan to invest in the High Street Shops sector. To start your business, you will need an initial investment of £67,500. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Granite & TREND Transformations, the minimum personal investment is £30,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. By investing in this established brand, you can gain access to expert training and support
If working in the High Street Shops sector appeals to you, take a look at our 19 available franchising options in the sector. If you are still not sure which sector best suits your needs, have a look through our selection of close to 250 new business investment opportunities across a variety of sectors on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.