Retail Franchise opportunities to start in St Albans

Starting a franchise business in St Albans

You could open your own business by becoming a franchisee in St Albans. St Albans, located in the East of England, offers a variety of new business investment possibilities. On this page, you'll find a range of brands looking for franchisees. With your interests and business objectives in mind, have a look at our selection of new business investment opportunities.

According to recent census data, there are 147,000 people living in St Albans. When broken down by age group, 40-59 year olds represent the largest portion of the population. The community has a 7% unemployment rate, which is slightly higher than the UK average of 4%. There are 73,000 economically active people in the region, representing 79.9% of the total population. St Albans has an average annual salary of £47,507. This salary is significantly higher than the rest of the UK, which has an average income of £30,629.

Why the High Street Shops sector might be a good option for you

There are 19 UK-based franchises available in the High Street Shops sector. In fact, the Retail sector as a whole offers a wide variety of franchises to invest in, including four Sweet Shop franchises, two Music Shop franchises, four Printing franchises, three E Cigarette franchises and two Cosmetic franchises. Explore our available brands to find a potential match. The Retail industry provides work for many people. In St Albans, companies currently employ 7,000 people in the industry.

Three franchise businesses worth reading about

If working in the High Street Shops sector appeals to you, check out Nicholas Humphreys Estate Agent. Initially established in 1999, the brand is now mature and a leader within the sector, having expanded its franchise network for 21 years. By joining its current 28 franchisees, you would become a part of a growing brand network. You will need to invest £31,200 to begin operating your own Nicholas Humphreys Estate Agent business, which is a reasonable initial investment. Your personal investment should account for at least £15,000 of the total amount. Given these low startup costs, this option could be suitable for first-time franchisees. Eligible candidates may apply for financial aid.

You could also have a look at Promedica24. There are 100 outlets open so far, and the network is expanding. You will need an initial investment of £40,000 to start your own Promedica24 business. Your personal investment should account for at least £1,000 of the total amount. You may want to consider getting a loan to open a business in this sector. These low startup costs make it a good option to pursue for first-time franchisees. You may be eligible for financial assistance.

Lastly, another option worth considering is Zip Yard. When investing in this franchise, you could qualify for financial aid. See our website for details.

If you are thinking about running a franchise business in the High Street Shops sector, you might be interested to browse our 19 available brands. Point Franchise has almost 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.

This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.