Retail Franchise opportunities to start in Basingstoke
Starting a franchise in Basingstoke
If you're thinking about running your own business in Basingstoke, located in South East England, you should explore franchising options. Several companies are currently recruiting in the Basingstoke and Deane area. As a franchisee you could manage your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. Browse our extensive possibilities in order to find the right brand for you, and you'll be one step closer to opening your own business.
Basingstoke and Deane has an estimated population of 176,000 people. When broken down by age group, the 40-59 age range is the most prevalent in the population. The area has a 2.5% unemployment rate, which is significantly lower than the national average of 4%. Overall, the region's economically active population consists of 94,900 people or 85.1% of the total population. With an average gross annual income of £34,367, salaries in Basingstoke and Deane are higher than the average income of close to £31,000 across the United Kingdom.
Why a High Street Shop franchise might be a good option for you
There are 19 UK-based franchises available in the High Street Shops sector. The High Street Shops sector is a part of the Retail sector. Other brands recruiting in this industry include four Printing franchises, three E Cigarette franchises, two Greeting Card franchises, two Cosmetic franchises and four Sweet Shop franchises. Among these new business investment options, there will likely be one that fits your career goals and aspirations. In Basingstoke and Deane, the Retail industry already provides work for nearly 8,000 people, potentially making this path an ideal one for you, too!
Three brands worth your attention
If you're interested in the High Street retail sector, have a look at Cash Generator. The brand's network is significant, counting 700 outlets across the UK. It has been running since 1997. The company is now mature and a leader within the sector, having grown its franchise network for 23 years. Opening a Cash Generator franchise will require you to invest a minimum of £240,000. At least £80,000 of this should come from your own personal investment. It is thus less appropriate for new investors. Training and assistance provided by Cash Generator will help you take your business in the right direction.
BoConcept could be another good option for you to invest in. First established in 1993, the brand has acquired valuable experience and expertise over the past 27 years. The brand's network is made up of 250 franchisees, which enhance its exposure. A total of £500,000, a substantial initial investment, is required to open a BoConcept franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £100,000 of the total investment should come from your personal funds. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Finally, Veeno is another competitive brand operating in the sector. You will need to invest £80,000 to start operating your own Veeno business. Your personal investment should account for at least £35,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. By investing in this established brand, you can gain access to expert training and support and could even be eligible for financial assistance. See our website for details.
There are currently 19 franchising opportunities available in the High Street retail sector. Don't forget that we offer new business investment ranges across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of almost 250 franchising possibilities.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.