Retail Franchise opportunities to start in Hertford
Hertford and its prospects for new Businesses
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Take a look at our selection of brands in Hertford, located in the East Hertfordshire area in the East of England, where many companies are currently recruiting. We offer a variety of realistic new business investment possibilities, so that you can find one you like.
There are approximately 148,000 people currently living in East Hertfordshire. The 40-59 age range has the highest concentration in the population. Unemployment affects 4% of the UK population. With a rate of 1.9%, unemployment in this area is significantly lower than the national average. The labour force amounts to 70,700 people, representing 77.1% of the population. The average annual income across the UK is £30,629. With a gross salary averaging £48,836, residents of East Hertfordshire have a significantly higher salary than the national average.
Why the High Street Shops sector appeals to franchisees
Are you interested in the High Street Shops sector? If so, there are 19 available brands to choose from across the UK. There are also four Tool franchises, two Greeting Card franchises, two Cosmetic franchises, three Craft franchises and two Music Shop franchises recruiting franchisees in the Retail sector, alongside the High Street Shops options. Have a browse to see whether any fit your career goals and aspirations. Retail is a well-established industry, providing work for 5,000 people in East Hertfordshire alone.
Here are three examples of franchise businesses
Gautier operates in the High Street Shops sector. By joining its two franchises already in operation, you could contribute to this company's expansion. A small premises will be required to operate this business. By investing in this established brand, you could be eligible for financial aid.
The High Street Shops sector has many brands worth considering. Check out CAVAVIN. The brand operates in 160 franchise locations which make up a strong business network. You will need to invest £100,000 to start your own CAVAVIN business. At least £40,000 of this substantial amount should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. When investing in this franchise, you could qualify for financial assistance. Visit our website for details.
Lastly, BoConcept is another successful brand that has been operating in the High Street Shops sector since 1993. The company is now mature and a leader within the sector, having grown its franchise community for 27 years. The brand's network is made up of 250 franchisees, which promote its exposure. You will need an initial investment of £500,000 to open your own BoConcept business. Your personal investment should account for at least £100,000 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.
Eager to read more about business opportunities in the High Street Shops sector? Have a look at our 19 available options. If you're still torn between different sectors, no problem! Point Franchise offers 236 franchising opportunities across a variety of sectors. Enjoy exploring your options.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.