Retail Franchise opportunities to start in Poole
Investing in a franchise in Poole
Poole, located in South West England, has many opportunities for people looking to open their own business. There are many brands currently recruiting franchisees in the Dorset area. This could mean working for yourself while receiving the comprehensive support of an established brand. By exploring the sectors that appeal to you the most, you will find the brands that best suit your interests and business objectives.
The population of Dorset is 376,000. The 60+ age group makes up the majority of the population. The local labour force consists of 157,200 people, or 77.8% of the total population. With an unemployment rate of 2.6%, recent data shows that employment in this area is significantly lower than in the rest of the UK. The local income averages £27,043 per year, which is slightly lower than the just over £30,500 average salary in the UK as a whole.
Running a High Street Shops franchise business
Are you interested in the High Street Shops sector? You're likely to come across a franchise worth considering among 19 brands across the United Kingdom. In addition to the business opportunities in the High Street Shops sector, the Retail sector offers three Craft franchises, two Greeting Card franchises, four Tool franchises, 19 Retail franchises and three E Cigarette franchises. Have a look at the brands to see if your perfect match is among them.
Here are three examples of franchise businesses
There are many interesting franchising opportunities in the High Street Shops sector. Take Nicholas Humphreys Estate Agent for example, a business that was first established in 1999. The brand has gained valuable experience and expertise over the past 21 years. There are 28 locations open so far, and the network is expanding. You will need to invest £31,200 to start your own Nicholas Humphreys Estate Agent business. At least £15,000 of this reasonable amount should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees.
Mail Boxes Etc. Is another interesting franchising opportunity if you plan to invest in the High Street Shops sector. A network of 1,600 franchisees promotes the brand's visibility. You will need to invest £60,000 to start running your own Mail Boxes Etc. business, which is a reasonable initial investment. Your personal investment should account for at least £25,000 of the total amount. These low startup costs make this a good franchising option for first-time franchisees. You could also benefit from financial aid, if eligible.
Lastly, Santos is another interesting option. The brand has a well-established network and good exposure, operating in 260 franchise outlets. Starting a Santos business requires a significant initial investment of £300,000. If you plan on getting a loan to cover the startup costs, Santos asks for a personal investment of at least £100,000. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this 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 cover the startup costs alone, you may be entitled to financial assistance. Visit our website for details.
Starting a business in the High Street Shops sector has great potential. If you're interested, check out our 19 available options. Point Franchise currently has a total of 236 brands recruiting franchisees across a range of sectors. Have a look to see which other sectors you might want to invest in.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.