Retail Franchise opportunities to start in Yeovil
Why should you invest in Yeovil?
Discover the opportunities waiting for you in Yeovil, situated in the South West. On this page you'll find a selection of brands recruiting franchisees in the South Somerset area. Franchising is an opportunity to run your own business, complete with training and marketing support. Have a look at our various franchising options to discover the sectors and brands that most appeal to you.
The South Somerset area has a population of 168,000 people. The 60+ age group makes up the majority of the population. The community has 77,600 economically active people, representing 82.1% of the population, with an unemployment rate of 1.9%. This rate is significantly lower than the country's 4% national average. South Somerset has an average annual income of £24,883. This salary is slightly lower than the rest of the UK, which has an average salary of close to £31,000.
Why open a franchise in the High Street Shops sector?
If you're thinking about becoming a franchisee in the High Street Shops sector, check out our 19 franchise options currently available in the sector. This is just one of the sectors you could choose within the Retail sector. There are also four Tool franchises, three Fashion franchises, four Sweet Shop franchises, two Cosmetic franchises and three E Cigarette franchises. Have a look and find out if any are a good fit for you. The Retail industry provides work for many people. In South Somerset, businesses currently employ 6,000 people in the industry.
Read about these three brands to see what franchise opportunities exist
If you are interested in running a business in the High Street Shops sector, read about Promedica24. This brand is growing, counting 100 outlet across the UK. You will need to invest £40,000 to start your own Promedica24 business. At least £1,000 of this affordable amount should come from your own personal investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If eligible, you might be able to benefit from financial assistance. See our website for more information.
Cash Converters is another interesting brand operating in the High Street Shops sector. The first franchise launched in 1984. The company has built strong customer loyalty over the past 36 years. This business requires a significant initial investment of £100,000. 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 open a Cash Converters business is £39,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.
As a final example, take a look at Apollo Blinds. In business since 1972, the brand has grown a dedicated following over the past 48 years. There are 50 location open so far, and the network is expanding. To start your own Apollo Blinds business, you will need an initial investment of £20,000. These low startup costs make this a good franchising option for first-time franchisees.
Starting a business in the High Street Shops sector has great potential. If you're interested, explore our 19 available options. If you're interested in exploring franchising options in other sectors, Point Franchise has close to 250 brands to choose from.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.