Retail Franchise opportunities to start in Chichester
Investing in Chichester could be your next move
Chichester, 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 Chichester area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. By browsing the sectors that appeal to you the most, you will find the brands that best suit your interests and business goals.
According to recent census data, 121,000 people live in Chichester. The most prevalent age group in the population falls in the 60+ age bracket. The community has a 3% unemployment rate, which is lower than the national average of 4%. There are 60,300 economically active people in the area, representing 87.8% of the total population. Across the United Kingdom, the annual gross income is close to £31,000 on average. In the region of Chichester, it averages £31,894.
Does the High Street Shops sector appeal to you?
There are 19 brands offering franchise opportunities in the High Street Shops sector. In fact, the Retail sector as a whole offers a wide variety of franchises to invest in, including four Printing franchises, three Toy Store franchises, four Tool franchises, two Music Shop franchises and two Greeting Card franchises. Explore our available brands to find a potential match. In the Chichester area, the Retail industry provides employment for 6,000 people.
Three franchise businesses worth reading about
If the High Street Shops sector is your area of interest, Schmidt is worth considering. There are 28 locations open so far, and the network is expanding. This business requires a significant initial investment of £350,000. If you intend to get 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 open a Schmidt business is £80,000. It is thus less appropriate for new investors.
Have a look at Promedica24, another attractive High Street Shops franchise. By joining its current 100 franchisees, you would become a part of a growing brand network. To start your business, you will need an initial investment of £40,000. 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 usually be required. For Promedica24, the minimum personal investment is £1,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. If you can't cover the startup costs on your own, you could find out if you qualify for financial assistance.
Finally, you could also consider Ecigwizard, which has been in business since 2011. This brand is expanding quickly, counting 45 outlets across the country. This business opportunity requires an initial investment of £60,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Ecigwizard asks for a minimum personal investment of £40,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If you can't afford the startup costs on your own, you may qualify for financial aid. See our website for details.
Many businesses are already operating in the High Street Shops sector. We currently have 19 franchise options available in the sector. Don't forget that we offer new business investment selections across many different sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of 236 franchising possibilities.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.