Retail Franchise opportunities to start in Abingdon-on-Thames
Investing in a franchise in Abingdon-on-Thames
Abingdon-on-Thames, located in the South East of England, offers a variety of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising options here. You might just find the right brand for starting your own business in the Vale of White Horse area. We offer a number of franchises to suit different budgets and career goals. Have a look at our selection of businesses and sectors to see what might suit you.
Vale of White Horse has a population of approximately 134,000 people. The 40-59 age range makes up the majority of the population. In terms of employment, the area has an economically active population of 61,900 people (82.0%), of which the unemployment rate is 1.7%. This figure is significantly lower than the average unemployment rate across the UK. The gross annual salary in Vale of White Horse amounts to £37,168, which is significantly higher than the national average of just over £30,500.
The High Street Shops sector could be the right choice for you
Across the UK, there are 19 franchises in the High Street Shops sector. The High Street Shops sector is part of the Retail sector, which also offers two Cosmetic franchises, 19 Retail franchises, three Fashion franchises, three Toy Store franchises and four Printing franchises. The perfect business to suit your career objectives and aspirations might just be among them. If you're interested in the Retail industry, you're not alone. In Vale of White Horse, 4,000 people currently work in the sector.
Check out three available franchise options
If you're interested in the High Street Shops sector, have a look at CAVAVIN. The brand benefits from a strong network and good visibility, operating in 160 franchise outlets. To start your business, you will need an initial investment of £100,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For CAVAVIN, the minimum personal investment is £40,000. 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 large premises to operate this business. You will have all the guidance you need to run your business thanks to the training and support provided by CAVAVIN. And if you can't cover the startup costs on your own, you may be eligible for financial aid.
Another interesting investment opportunity is BoConcept, which launched in 1993. BoConcept has proved itself to be a successful business and leader in the sector in its 27 years since opening. By joining its network of 250 franchisees, you would become a part of a well-established business community. You will need to invest £500,000 to open your own BoConcept business. At least £100,000 of this significant amount should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
The High Street Shops sector has many brands worth considering. As a final example, check out Noa Noa. This brand is developing, counting 90 locations across the United Kingdom. By investing in this franchise, you can receive training and support from an established brand. Comprehensive training and support are available when you choose to invest in this franchise.
The High Street Shops sector offers many interesting franchising opportunities, including our 19 franchise options. With 238 new business investment opportunities to choose from across various 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.