Retail Franchise opportunities to start in Warrington
Starting a franchise business in Warrington
The Milton Keynes area offers many interesting business opportunities. If you like the idea of running your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Warrington. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and career goals.
Milton Keynes has a population of approximately 269,000 people. The population's most prevalent age group is made up of 0-19 year olds. The 4.8% unemployment rate among the 140,300 economically active people in the area is slightly higher than the UK average. The average gross income in the UK is close to £31,000. Residents of Milton Keynes earn £32,644 a year on average.
Why choose to open a franchise in the High Street Shops sector?
There are currently 19 opportunities to invest in the High Street Shops sector. If you would like to operate a business in this sector, keep reading. Bear in mind that the Retail sector offers many investment opportunities in addition to those in the High Street Shops sector. Have a browse through our two Music Shop franchise, four Sweet Shop franchises, three Fashion franchises, two Greeting Card franchises and four Tool franchises to see if any suit your career goals and aspirations.
Three franchise business examples
Tubz Vending operates in the High Street Shops sector. The brand runs in 300 franchise locations which make up a well-established business community. Initially, you would need to invest £3,295 to get your own Tubz Vending business up and running. These relatively low startup costs make it a good option to pursue for first-time franchisees. You will also need to invest in a small premises to operate this business. You may qualify for financial assistance.
If the High Street Shops sector appeals to you, Cash Converters is another option you could consider. First established in 1984, the brand has grown a loyal following over the past 36 years. The brand's network is important, counting 200 outlets in the UK. 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.
Lastly, you could also have a look at Santos. The brand has a strong network and good visibility, operating in 260 franchise locations. You will need to invest £300,000 to start your own Santos business. At least £100,000 of this significant amount should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees.
The High Street Shops sector offers many interesting franchising opportunities, including our 19 franchise options. If you are still not sure which sector best suits your needs, have a look through our selection of 236 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.