Retail Franchise opportunities to start in Salisbury
Salisbury is an attractive town to invest in
The Wiltshire area offers many interesting business opportunities. If you like the idea of opening your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Salisbury. If you already know which line of work you'd like to pursue, explore our franchise opportunities in that sector. If not, look around and see what other options catch your eye. We have brands to suit many different interests and career objectives.
There are 498,000 people living in the Wiltshire area. The most prevalent age group in the population is 40 to 59 years old. Unemployment affects 4% of the UK population. With a rate of 1.9%, unemployment in this area is significantly lower than the national average. The economically active population amounts to 233,700 people, representing 80.3% of the population. The local income averages £29,667 per year, which is in line with the £30,629 average salary in the United Kingdom as a whole.
Why the High Street Shops sector might be a good option for you
There are 19 UK-based franchises available in the High Street Shops sector. The Retail industry offers a range of options in addition to those in the High Street Shops sector. These include three Craft franchises, four Sweet Shop franchises, two Music Shop franchises, two Greeting Card franchises and two Cosmetic franchises. Have a look at the brands available to see which could be your perfect match.
Three franchise businesses worth reading about
If you would like to invest in the High Street Shops sector, BoConcept could be a good option. Initially established in 1993, the company is now mature and a leader within the sector, having developed its franchise network for 27 years. The brand's network is made up of 250 franchisees, which increase its exposure. Starting a BoConcept business requires a substantial initial investment of £500,000. At least £100,000 should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Another interesting franchise option is Schmidt. There are 28 outlets open so far, and the network is expanding. This business opportunity requires a substantial initial investment of £350,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Schmidt asks for a minimum personal investment of £80,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. When investing in this franchise, you could be eligible for financial aid. See our website for details.
The High Street Shops sector has many brands worth considering. As a final example, take a look at Apollo Blinds. First established in 1972, the brand has grown a dedicated following over the past 48 years. By joining its current 50 franchisees, you would be joining a growing brand network. Initially, you would need to invest £20,000 to get your own Apollo Blinds business up and running. These low startup costs make it a good option to pursue for first-time franchisees.
The High Street Shops sector currently has 19 franchising opportunities. At Point Franchise, we have 236 new business investment opportunities available, giving you plenty to choose from in other sectors too.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.