Retail Franchise opportunities to start in Nelson
Nelson and its prospects for new Businesses
Nelson, located in Wales, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Caerphilly area. Check out our various franchising opportunities to find the sectors and brands that most appeal to you.
Recent figures show that Caerphilly has a population of 181,000 people. When broken down by age group, the majority of the population sits within the 40-59 category. Approximately 83,000 people are economically active in the area, representing 74.3% of the population. The unemployment rate (5.8%) is high compared to the national average (4%). Caerphilly has an average annual income of £25,456. This salary is slightly lower than the rest of the United Kingdom, which has an average salary of close to £31,000.
Why High Street Shops businesses appeal to franchisees
If you're considering becoming a franchisee in the High Street Shops sector, take a look at our 19 franchise options currently available in the sector. Could a starting business in the High Street Shops sector, or in the Retail sector more widely, help you reach your career goals and aspirations? Have a look at the three Craft franchises, three Toy Store franchises, four Printing franchises, four Sweet Shop franchises and three E Cigarette franchises recruiting at this time. If you're keen on the Retail industry, you may want to consider how many people already work in the industry. In Caerphilly, Retail businesses currently employ 5,000 people.
Three franchises that could interest you
Mail Boxes Etc. could be a great choice for you if you're planning to invest in the High Street Shops sector. A network of 1,600 franchisees promotes the brand's visibility. Opening a Mail Boxes Etc. business requires a reasonable initial investment of £60,000. If you plan on getting a loan to cover the startup costs, Mail Boxes Etc. asks for a personal investment of at least £25,000. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make this a good franchising option for first-time franchisees. By investing in this established brand, you could be eligible for financial aid.
Another interesting franchising opportunity is Nicholas Humphreys Estate Agent, which was first established in 1999. The brand has acquired valuable experience and expertise over the past 21 years. The brand is expanding, with 28 outlets already in operation, and a desire to expand further. Opening a Nicholas Humphreys Estate Agent franchise will require you to invest a minimum of £31,200. At least £15,000 of this should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. By investing in this franchise, you may qualify for financial support. See our website for more information.
Lastly, Granite & TREND Transformations is an interesting investment opportunity in the High Street Shops sector. In order to start 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 generally need to cover 30 to 50% of the total investment yourself. Granite & TREND Transformations requires a personal investment of at least £30,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
If you are considering running a franchise business in the High Street Shops sector, you might be interested to browse our 19 available brands. Plus, with 236 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the right brand for you.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.