Retail Franchise opportunities to start in Exeter
Opening a franchise business in Exeter
Discover the business opportunities waiting for you in Exeter, situated in the South West. On this page you'll find a range of brands that could make you a franchisee in the Exeter area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
The Exeter area has a population of 130,000 people. When broken down by age group, 20-39 year olds represent the largest portion of the population. The area has a 2.6% unemployment rate, which is significantly lower than the national average of 4%. Overall, the region's economically active population consists of 70,900 people or 79.5% of the total population. Salaries in Exeter average £26,426 a year, while in the UK the average income is £30,629.
The High Street Shops sector: An interesting opportunity for franchisees
If you're considering becoming a franchisee in the High Street Shops sector, have a look at our 19 franchise options currently available in the field. Could a starting business in the High Street Shops sector, or in the Retail industry more widely, help you reach your career goals and aspirations? Check out the two Cosmetic franchises, three Toy Store franchises, four Sweet Shop franchises, four Printing franchises and four Tool franchises recruiting at this time. Opening a business is not a simple feat, but becoming a franchisee makes managing your own business much more feasible. The Exeter region offers plenty of opportunities for starting a new and exciting business venture of your own. The Retail industry is a busy one in the region, already employing 8,000 people. So, what is stopping you from starting your own business in Exeter today?
Take a look at three franchise business examples
Santos is a competitive brand operating in the High Street Shops sector. The brand operates in 260 franchise locations which make up a strong business community. This business opportunity requires a significant initial investment of £300,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Santos requires a minimum personal investment of £100,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
Take a look at Mail Boxes Etc., Another attractive High Street Shops franchise. With a significant network of 1,600 outlets, the brand knows how to support its franchisees. This business requires an affordable initial investment of £60,000. If you plan on getting 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 Mail Boxes Etc. business is £25,000. These low startup costs make this a good franchising option for first-time franchisees. When investing in this franchise, you could qualify for financial aid.
Finally, CAVAVIN is another successful brand operating in the High Street Shops sector. The brand's network is made up of 160 franchisees, which enhance its exposure. You will need an initial investment of £100,000 to open your own CAVAVIN business. Your personal investment should account for at least £40,000 of the total amount. You may want to think about getting a loan to start a business in this sector. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. Financial support is available for eligible franchisees. See eligibility details on our website.
There are currently 19 available franchising opportunities in the High Street Shops sector. Have a look at these brands to find out if there's a good fit for you. Point Franchise currently has a total of 236 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.