Retail Franchise opportunities to start in St Helens
St Helens and its prospects for new Businesses
If you want to start a business in St Helens, working for yourself but not on your own, then check out our franchising options in South East England. On this page, you will find a range of brands to choose from for becoming a franchisee in the Isle of Wight area and across the UK. We offer franchise investment opportunities in many different sectors. Why not explore the sector that appeals to you the most?
An estimated 142,000 people currently live in Isle of Wight. The most prevalent age group in the population is over 60 years old. Isle of Wight has an unemployment rate of 3.6% within its labour force of 58,600 people. This rate is below par compared to the UK average. The average annual income across the United Kingdom is close to £31,000. With a gross salary averaging £24,262, residents of Isle of Wight have a lower salary than the national average.
Why choose to operate in the High Street Shops sector?
If the idea of running a business in the High Street Shops sector appeals to you, take a look at the 19 brands currently recruiting franchisees in the field. The High Street Shops sector is just one example of a sector you could invest in. Could your ideal business be among our four Sweet Shop franchises, three E Cigarette franchises, two Cosmetic franchises, 19 Retail franchises and three Craft franchises available in the Retail sector? Have a look to find out. If you're interested in the Retail industry, you're not alone. In Isle of Wight, 6,000 people currently work in the industry.
Three franchise businesses worth reading about
If you plan to invest in the High Street Shops sector, Granite & TREND Transformations could be a good option. You will need an initial investment of £67,500 to open your own Granite & TREND Transformations business. Your personal investment should account for at least £30,000 of the total amount. You may want to consider getting a loan to open a business in this sector. It is thus less appropriate for new investors.
Post & Packing is another competitive brand operating in the High Street Shops sector. The first franchise launched in 2012. Starting a Post & Packing business requires an initial investment of £50,000. If you plan on getting a loan to cover the startup costs, Post & Packing asks for a personal investment of at least £35,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. When investing in this franchise, you could qualify for financial assistance.
Lastly, if the High Street Shops sector appeals to you, Card Group is another option you could have a look at. In business since 1997, the brand has gained valuable experience and expertise over the past 23 years. With a significant network of 1,500 outlets, the brand knows how to support its franchisees. Opening a Card Group franchise will require you to invest a minimum of £60,000. At least £40,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. If you can't afford the startup costs on your own, you could find out if you qualify for financial aid. See our website for more information.
The High Street Shops sector has many successful franchise businesses. We currently have 19 opportunities available in this sector. At Point Franchise, we have 236 new business investment opportunities available, giving you plenty to choose from in other sectors too.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.