Retail Franchise opportunities to start in Bletchley
Investing in a franchise in Bletchley
If you want to open your own business, you may find that Bletchley has a lot to offer. Several companies are currently looking for franchisees in the Milton Keynes area. Read on to find out if running a franchise could be a good option for you! To start off with, look for the line of work that interests you the most. This is a quick way to find the franchise best suited to you.
There are an estimated 269,000 people living in the Milton Keynes area. Residents aged 0 to 19 years old make up the prevalent age group in the population. In terms of employment, the region has a labour force of 140,300 people (82.2%), of which the unemployment rate is 4.8%. This figure is slightly higher than the average unemployment rate across the United Kingdom. Salaries in Milton Keynes average £32,644 a year, while in the United Kingdom the average income is £30,629.
Franchising options in the High Street Shops sector
If you wish to run a business in the High Street Shops sector, check out our 19 brands currently recruiting franchisees in the sector. The High Street Shops sector is part of the Retail industry which offers a wide selection of interesting options. These include 19 Retail franchises, three Craft franchises, three E Cigarette franchises, four Printing franchises and three Fashion franchises. See if any catch your eye.
Have a look at three franchise business examples
Veeno could be a great choice for you if you're interested in the High Street Shops sector. By joining its current eight franchisees, you would become a part of a growing brand network. To start your own Veeno franchise, you will need to invest £80,000, of which at least £35,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. By investing in this franchise, you may be eligible for financial assistance. Visit our website for more information.
Have a look at BoConcept. In business since 1993, the brand has gained valuable experience and expertise over the past 27 years. The brand's network is made up of 250 franchisees, which enhance its visibility. Starting a BoConcept business requires a significant initial investment of £500,000. At least £100,000 should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Finally, Cash Generator, open since 1997, is another interesting option. By joining its network of 700 franchisees, you would become a part of a well-established business community. Cash Generator has proved itself to be a successful business and leader in the field in its 23 years since opening. You will need to invest £240,000 to start operating your own Cash Generator business, which is a significant initial investment. Your personal investment should account for at least £80,000 of the total amount. Due to the higher startup costs, this option is not advisable for first-time franchisees.
There are currently 19 franchising opportunities available in the High Street Shops sector. With 236 new business investment opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.