Retail Franchise opportunities to start in Northampton
Northampton could be home to your new business
If you want to start your own business, you may find that Northampton has a lot to offer. Many companies are currently looking for franchisees in the Northampton area. Read on to see if running a franchise could be a good option for you! We offer a range of realistic new business investment possibilities, so that you can find one you like.
An estimated 225,000 people currently live in Northampton. Residents aged 20 to 39 years old make up the prevalent age group in the population. The community has a 5.1% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's economically active population consists of 120,300 people or 83.0% of the total population. The annual income in the UK is just over £30,500 on average. The people of Northampton earn an average annual salary of £29,501, in line with the country's average.
Why open a franchise in the High Street Shops sector?
There are 19 franchises in the High Street Shops sector to choose from. Bear in mind that the Retail sector offers many investment opportunities in addition to those in the High Street Shops sector. Have a look through our two Greeting Card franchise, 19 Retail franchises, three Fashion franchises, three Craft franchises and four Sweet Shop franchises to find out if any suit your career goals and aspirations.
Three franchise business examples worth looking at
If the High Street Shops sector is your area of interest, Veeno is worth considering. By joining its network of eight franchisees, you could contribute to this brand's success. You will need to invest £80,000 to open your own Veeno business. At least £35,000 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. A large premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Have a look at Post & Packing, another interesting High Street Shops franchise that launched in 2012. By joining its current 11 franchisees, you would become a part of a fast growing brand network. To start your business, you will need an initial investment of £50,000. 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 generally be required. For Post & Packing, the minimum personal investment is £35,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. By investing in this franchise, you may qualify for financial assistance.
Lastly, Mail Boxes Etc. Could be another good option for you to invest in. With a wide network of 1,600 locations, the brand knows how to support its franchisees. This business opportunity requires a reasonable initial investment of £60,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Mail Boxes Etc. asks for a minimum personal investment of £25,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Financial support is available for eligible franchisees. See our website for more information.
There are 19 franchises waiting to be discovered in the High Street Shops sector. At Point Franchise, we are proud to offer close to 250 franchise options across various sectors, helping you find the perfect investment opportunities for you.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.