Retail Franchise opportunities to start in Reading
Reading could be home to your new business
Reading, located in South East England, has many opportunities for people looking to start their own business. There are several brands currently recruiting franchisees in the Reading area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. Explore our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.
A recent census found that 163,000 people live in Reading. The 20-39 age group has the highest concentration in the population. The 3% unemployment rate among 90,700 economically active people in the region is lower than the national average. For the Reading area, the average salary is £32,730, which is slightly higher than the national average income of £30,629.
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 just one example of the options available in the Retail industry. Other opportunities include two Cosmetic franchises, four Tool franchises, four Sweet Shop franchises, three Fashion franchises and three Toy Store franchises. Have a browse, the perfect investment opportunity for you could be a few clicks away.
Here are three examples of franchise businesses
If you're interested in the High Street Shops sector, take a look at Zip Yard. Financial assistance is available for eligible franchisees.
Mail Boxes Etc. Could be another good option for you to invest in. It is now firmly rooted in the market, counting 1,600 franchise outlets. To start your business, you will need an initial investment of £60,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Mail Boxes Etc., the minimum personal investment is £25,000. 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. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid.
As a final High Street Shops franchise option, check out Tubz Vending. The brand runs in 300 franchise locations which make up a well-established business network. Initially, you would need to invest £3,295 to get your own Tubz Vending business up and running. These relatively low startup costs make it a good option to pursue for first-time franchisees. You will also need to invest in a small premises to operate this business. You may qualify for financial aid. See our website for more information.
If you would like to have a look at more new business investment options in the High Street Shops sector, we currently have 19 available opportunities. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of 236 franchising possibilities.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.