Retail Franchise opportunities to start in Bridgwater
Bridgwater is an attractive town to invest in
Would you like to run your own business? Bridgwater, located in South West England, could be a good place to start. There are many brands currently recruiting franchisees in the Sedgemoor area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. We offer a number of franchises to suit various budgets and career objectives. Have a look at our selection of businesses and sectors to see what might suit you.
The population of Sedgemoor is 123,000. The age group with the highest concentration is 60+. Sedgemoor has an unemployment rate of 4.6% within its labour force of 60,100 people. This rate is high compared to the national average. The local income averages £27,365 per year, which is slightly lower than the close to £31,000 average income in the UK as a whole.
Franchising options in the High Street Shops sector
If the idea of running a business in the High Street Shops sector appeals to you, take a look at the 19 brands currently recruiting franchisees in the sector. There are also four Sweet Shop franchises, three E Cigarette franchises, two Cosmetic franchises, three Craft franchises and three Toy Store franchises recruiting franchisees in the Retail sector, alongside the High Street Shops options. Have a look to find out whether any fit your career goals and aspirations. In Sedgemoor, there are currently 4,500 people working in the Retail industry, so you would be joining an established business community.
Three franchises that could interest you
If you plan to invest in a High Street Shops business, you could consider Santos. The brand operates in 260 franchise locations which make up a well-established business network. Opening a Santos franchise will require you to invest a minimum of £300,000. At least £100,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. A small premises will also be required to operate this business. By investing in this established brand, you could qualify for financial assistance.
Check out Cash Generator, another competitive High Street Shops franchise that launched in 1997. The company is now mature and a leader within the sector, having grown its franchise community for 23 years. The brand's network is made up of 700 franchisees, which enhance its visibility. A total of £240,000, a substantial initial investment, is required to start a Cash Generator franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £80,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Finally, another option to consider is Noa Noa. By joining its 90 franchises already in operation, you could contribute to this brand's expansion. If you can't afford the startup costs on your own, you may be eligible for financial aid. Visit our website for more information.
There are currently 19 franchising opportunities available in the High Street Shops sector. If you're interested in exploring investment options in other sectors, we've got a total of 236 franchising opportunities to choose from on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.