Retail Franchise opportunities to start in Loughton
Why should you invest in Loughton?
Discover the possibilities waiting for you in Loughton, situated in the South East of England. On this page you'll find a selection of brands recruiting franchisees in the Milton Keynes area. Franchising gives you the opportunity to run your own business, complete with training and marketing support. Starting a business should be exciting! Check out our range of franchising options, focusing on the sectors that you feel most passionate about.
According to recent census data, there are 269,000 people in Milton Keynes. The majority of the population sits within the 0-19 age range. The area has 140,300 economically active people, representing 82.2% of the population, with an unemployment rate of 4.8%. This rate is slightly higher than the country's 4% national average. With an average gross annual income of £32,644, salaries in Milton Keynes are slightly higher than the average income of close to £31,000 across the UK.
The High Street Shops sector could be the right choice for you
In the UK, you will find 19 franchises recruiting in the High Street Shops sector. In fact, the Retail industry as a whole offers a wide variety of franchises to invest in, including two Music Shop franchises, 19 Retail franchises, three Fashion franchises, two Cosmetic franchises and four Printing franchises. Explore our available brands to find a potential match.
Want to know more? Read about these three brands
If working in the High Street Shops sector appeals to you, take a look at Cash Converters. Initially established in 1984, Cash Converters now has 36 years of experience in the sector, making it a strong leader. The brand operates in 200 franchise locations which make up a well-established business network. A total of £100,000, a substantial initial investment, is required to open 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.
Santos is an interesting investment opportunity in the High Street Shops sector. By joining its network of 260 franchisees, you would become a part of a strong business community. Starting a Santos business requires a substantial initial investment of £300,000. At least £100,000 should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Financial aid can be given in some circumstances.
Lastly, Tubz Vending is another attractive brand operating in the High Street Shops sector. To start your own Tubz Vending business, you will need an initial investment of £3,295. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. You will also need to invest in a small premises to operate this business.
The High Street Shops sector currently has 19 new business investment opportunities. 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 page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.