Retail Franchise opportunities to start in Wisbech
Starting a franchise business in Wisbech
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Wisbech, situated in the East of England, could be a good place to start as there are many businesses currently recruiting franchisees in the Fenland area. We offer franchise investment opportunities in a variety of sectors. Why not look into the sector that appeals to you the most?
Recent figures show that Fenland has a population of 101,000 people. The majority of residents are aged over 60 years old. Fenland has an average annual salary of £26,533. This salary is slightly lower than the rest of the UK, which has an average income of £30,629.
Why the High Street Shops sector appeals to franchisees
Are you interested in running your own business in the High Street Shops sector? Take a look at our 19 franchise options available in this sector. This is just one of the sectors you could choose within the Retail sector. There are also three Craft franchises, three Toy Store franchises, two Music Shop franchises, two Greeting Card franchises and four Tool franchises. Have a look and find out if any are a good fit for you. If you would like to work in the Retail industry, it may interest you to know that, in the Fenland area, 3,000 people currently work in the industry.
Eager to know more? Here are three franchise business examples
If you're planning to invest in the High Street Shops sector, take a look at Promedica24. This brand is expanding, counting 100 outlets in the United Kingdom. In order to start a Promedica24 business, a reasonable initial investment of £40,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Promedica24 asks for a personal investment of at least £1,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. You could also benefit from financial assistance, if eligible.
Cash Generator is another interesting franchise option if you plan to invest in the High Street Shops sector. Launched in 1997, Cash Generator now has over 23 years of experience under its belt. The brand's network is significant, counting 700 locations across the country. A substantial initial investment of £240,000 will enable you to start your own Cash Generator business. In most cases, your personal investment should represent 30 to 50% of the total amount. Cash Generator requires you to personally invest at least £80,000. You could potentially get a loan to cover the remaining costs. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Finally, another option worth considering is Noa Noa. By joining its 90 franchises already in operation, you could contribute to this company's expansion. Also, if you can't cover the startup costs alone, you may be entitled to financial aid. Visit our website for details.
Eager to read more about business opportunities in the High Street Shops sector? Have a look at our 19 available options. You will find a total of 236 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.