Retail Franchise opportunities to start in Hitchin
Hitchin and its prospects for new Businesses
Have you ever considered opening a franchise in Hitchin? This could be your opportunity to manage your own business while benefiting from comprehensive training and marketing support, since many brands in the North Hertfordshire area are currently recruiting franchisees. To begin, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
According to recent census data, there are 133,000 people living in North Hertfordshire. Residents aged 40 to 59 years old have the highest concentration in the population. The economically active population in North Hertfordshire amounts to 68,400 people, with an unemployment rate of 3.7%. This rate is in line with the national average. The UK's annual average salary is £30,629. Salaries in North Hertfordshire are higher in comparison, averaging £35,383 a year.
Why choose to work in the High Street Shops sector?
In the UK, there are 19 franchises recruiting in the High Street Shops sector. The Retail sector offers a range of options in addition to those in the High Street Shops sector. These include four Printing franchises, two Cosmetic franchises, 19 Retail franchises, four Tool franchises and three E Cigarette franchises. Take a look at the brands available to find out which could be your perfect match. If you would like to run a business in the Retail industry, it could be useful to know that companies in the field currently employ 5,000 people in the North Hertfordshire area.
Here are three examples of franchise businesses
Mail Boxes Etc. is a competitive business operating in the High Street Shops sector. A total of £60,000, a reasonable initial investment, is required to open a Mail Boxes Etc. franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £25,000 of the total investment should come from your personal funds. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you.
If the High Street Shops sector appeals to you, Zip Yard is another option you could have a look at. If you can't afford the startup costs on your own, you could see if you qualify for financial assistance. Visit our website for details.
Finally, Cash Generator is an interesting investment opportunity in the High Street Shops sector. First launched in 1997, the company now has 23 years of experience, making it a leader in the sector. By joining its network of 700 franchisees, you would become a part of a strong business community. You will need to invest £240,000 to start your own Cash Generator business. At least £80,000 of this substantial amount should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
There are currently 19 franchising opportunities available in the High Street Shops sector. On Point Franchise, there is plenty of choice in other sectors as well. We have almost 250 new business investment opportunities in total to choose from.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.