Retail Franchise opportunities to start in Eastleigh
Eastleigh: A great location to start a business
Would you like to run your own business? Eastleigh, located in the South West, could be a good place to start. There are many brands currently recruiting franchisees in the North Devon area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. By browsing the sectors that appeal to you the most, you will find the franchises that best suit your interests and business objectives.
The North Devon area has 96,000 residents. Residents aged over 60 years old make up the prevalent age group within the population. For the North Devon area, the average income is £22,123, which is lower than the national average salary of £30,629.
What the High Street Shops sector could offer you
In the United Kingdom, you will find 19 franchises recruiting in the High Street Shops sector. The High Street Shops sector is just one example of the options available in the Retail sector. Other opportunities include four Sweet Shop franchises, three E Cigarette franchises, three Fashion franchises, two Music Shop franchises and four Printing franchises. Have a browse, the perfect investment opportunity for you could be a few clicks away. In the North Devon area, the Retail industry provides work for 5,000 people.
Read about these three brands to see what franchise options exist
If you're interested in the High Street Shops sector, have a look at Granite & TREND Transformations. In order to open a Granite & TREND Transformations business, an initial investment of £67,500 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Granite & TREND Transformations asks for a personal investment of at least £30,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
The High Street Shops sector has many brands worth considering. Check out Veeno. There are eight outlets open so far, and the network is expanding. This business requires an initial investment of £80,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Veeno business is £35,000. 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. If you can't afford the startup costs on your own, you may qualify for financial aid.
Lastly, Mail Boxes Etc. Is another interesting franchising opportunity if you plan to invest in the High Street Shops sector. It is now firmly rooted in the market, counting 1,600 franchise locations. A total of £60,000, an affordable initial investment, is required to open a Mail Boxes Etc. franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £25,000 of the total investment should come from your personal funds. These low startup costs make it a good option to pursue for first-time franchisees. If you can't cover the startup costs on your own, you could find out if you qualify for financial assistance. See our website for details.
Eager to read more about business opportunities in the High Street Shops sector? Explore our 19 available options. If you're curious about business options in other sectors, we've got a total of close to 250 franchising opportunities to choose from on Point Franchise.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.