Retail Franchise opportunities to start in Fleet
What can Fleet offer to new businesses?
Are you considering opening a franchise? Fleet, in the South West, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while managing your own business. Check out the brands currently recruiting in Dorset. We offer a number of franchises to suit a variety of budgets and career objectives. Take a look at our selection of brands and sectors to see what might suit you.
A recent census found that 376,000 people live in Dorset. When broken down by age group, 60+ year olds represent the largest portion of the population. The labour force constitutes 77.8% of the population, or approximately 157,200 people. The community has an unemployment rate of 2.6% which is significantly lower than the UK average of 4%. Residents of Dorset have an annual average salary of £27,043. In comparison, the average gross income in the UK is just over £30,500.
The High Street Shops sector: An interesting opportunity for franchisees
If you want to run your own business in the High Street Shops sector, the good news is that there are 19 franchises currently recruiting new franchisees across the country. In fact, the Retail sector as a whole offers a wide variety of franchises to invest in, including 19 Retail franchises, four Tool franchises, four Printing franchises, two Music Shop franchises and three E Cigarette franchises. Explore our available brands to find a potential match.
Three franchise business examples worth looking at
The High Street Shops sector has many franchise options available, such as Tubz Vending. The brand operates in 300 franchise locations which make up a strong business network. An initial investment of £3,295 will enable you to start your own Tubz Vending business. These low startup costs make this a good franchising option for first-time franchisees. A small premises will also be required to operate this business. You could also benefit from financial assistance, if eligible. See our website for details.
Take a look at Cash Converters. Initially established in 1984, the brand has grown a dedicated following over the past 36 years. By joining its network of 200 franchisees, you would become a part of a well-established business community. This business requires a significant initial investment of £100,000. 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 Cash Converters business is £39,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Finally, BoConcept is another successful brand that has been operating in the High Street Shops sector since 1993. BoConcept now has over 27 years of experience under its belt. The brand's network is made up of 250 franchisees, which increase its visibility. Opening a BoConcept business requires a substantial initial investment of £500,000. At least £100,000 should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
There are currently 19 available investment opportunities in the High Street Shops sector. Have a look at these businesses to find out if there's a good fit for you. Whether you've already decided to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of close to 250 franchising opportunities to help you find the perfect fit.
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