Retail Franchise opportunities to start in Bristol
What to know before opening a franchise in Bristol
Discover the business opportunities waiting for you in Bristol, situated in the South West. On this page you'll find a range of brands that could make you a franchisee in the Bristol area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. We offer franchise investment options in a variety of sectors. Why not explore the sector that appeals to you the most?
Recent figures show that 463,000 people live in Bristol. The 20-39 age group has the highest concentration in the population. The region has a 4.6% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's economically active population consists of 256,700 people or 80.3% of the total population. The region's average gross annual income of £29,472 is in line with the average income of close to £31,000 across the United Kingdom.
Running a High Street Shops franchise business
There are 19 UK-based franchises available in the High Street Shops sector. Bear in mind that the potential for exciting investment opportunities in the Retail sector is not limited to the High Street Shops sector. Other available investment options include two Greeting Card franchises, three E Cigarette franchises, four Sweet Shop franchises, two Cosmetic franchises and four Tool franchises. See if there's one to suit your career goals.
Take a look at three franchise business examples
Initially established in 1997, Cash Generator is a competitive business operating in the High Street Shops sector. The brand has gained valuable experience and expertise over the past 23 years. The brand operates in 700 franchise locations which make up a well-established business network. This business requires a substantial initial investment of £240,000. 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 Cash Generator business is £80,000. It is thus less appropriate for new investors.
Take a look at BoConcept. In business since 1993, BoConcept has acquired valuable experience in the sector in its 27 years since first opening. The brand's network is significant, counting 250 locations across the UK. To open your own BoConcept franchise, you will need to invest £500,000, of which at least £100,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Finally, check out Tubz Vending, another attractive High Street Shops franchise. The brand has a strong network and good exposure, running in 300 franchise outlets. An initial investment of £3,295 will allow you to open your own Tubz Vending business. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. You will also need to invest in a small premises to operate this business. If you can't afford the startup costs on your own, you may qualify for financial assistance. Visit our website for more information.
If you are interested in the High Street Shops sector and want to discover more franchising opportunities, have a look at the 19 brands available in this sector. With almost 250 new business investment opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.