Retail Franchise opportunities to start in Bedford
Investing in Bedford could be your next move
The franchising opportunities in Bedford, located in the East of England, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to find out which brands you could work with in Bedford. Browsing our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
Bedford has a population of approximately 172,000 people. The 40-59 age range makes up the majority of the population. The area has an economically active population of 84,500 people, or 79.6% of the total population. The unemployment rate (3.4%) is low compared to the rest of the United Kingdom. With an average gross annual income of £30,715, salaries in Bedford are in line with the average income of £30,629 across the United Kingdom.
The High Street Shops sector and its franchising options
Across the UK, there are currently 19 opportunities to run your own franchise in the High Street Shops sector. The High Street Shops sector is just one example of the options available in the Retail sector. Other opportunities include three E Cigarette franchises, three Fashion franchises, four Tool franchises, three Toy Store franchises and two Cosmetic franchises. Have a browse, the perfect business opportunity for you could be a few clicks away. In Bedford, there are currently 7,000 people employed in the Retail industry, so you would become a part of an established business community.
Three franchises that could interest you
There are many interesting franchising possibilities in the High Street Shops sector. Take Ecigwizard for example, a business that was first established in 2011. By joining its 45 franchises already in operation, you could contribute to this brand's rapid expansion. Opening an Ecigwizard business requires an initial investment of £60,000. If you plan on getting a loan to cover the startup costs, Ecigwizard asks for a personal investment of at least £40,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You may qualify for financial aid.
Tubz Vending is another interesting franchise option if you plan to invest in the High Street Shops sector. The brand benefits from a well-established network and good exposure, operating in 300 franchise locations. Opening a Tubz Vending business requires an initial investment of £3,295. These low startup costs make it a good option to pursue for first-time franchisees. You will also need to invest in a small premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Lastly, you could also consider Noa Noa. This brand is developing, counting 90 outlets in the United Kingdom. An investment in this franchise entitles you to financial assistance, if eligible. See eligibility details on our website.
There are currently 19 available investment opportunities in the High Street Shops sector. Have a look at these brands to see if there's a good fit for you. At Point Franchise, we are proud to offer 236 franchise options across different sectors, helping you find the perfect investment opportunities for you.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.