Retail Franchise opportunities to start in Cheshunt
Investing in a franchise in Cheshunt
Cheshunt, located in the East of England, offers a variety of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising opportunities here. You might just find the right brand for starting your own business in the Broxbourne area. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and business objectives.
Recent figures show that 97,000 people live in Broxbourne. Residents aged 40 to 59 years old make up the prevalent age range within the population. Unemployment affects 4% of the UK population. With a rate of 5.2%, unemployment in this area is slightly higher than the national average. The economically active population amounts to 50,400 people, representing 79.5% of the population. In the UK, the average gross income is £30,629; in the Broxbourne area, it is £34,070.
Have you considered the High Street Shops sector?
If you wish to run a business in the High Street Shops sector, take a look at our 19 franchises currently recruiting franchisees in the sector. There are also two Cosmetic franchises, three Toy Store franchises, two Greeting Card franchises, three Craft franchises and four Tool 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. If you are thinking about starting a business in Retail, Broxbourne could be a good place to do it. Indeed, 4,000 people have already made the decision to work in this field in the Broxbourne area.
Want to know more? Read about these three brands
If you'd like to open your own High Street Shops business, Cash Generator could be a great option for you. In operation since 1997, the brand has acquired valuable experience and expertise over the past 23 years. The brand's network is made up of 700 franchisees, which promote its exposure. To start your business, you will need an initial investment of £240,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Cash Generator, the minimum personal investment is £80,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Post & Packing is another successful brand that has been operating in the High Street Shops sector since 2012. By joining its network of 11 franchisees, you could contribute to this up-and-coming brand's success. This business opportunity requires an initial investment of £50,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Post & Packing requires a minimum personal investment of £35,000. It is thus less appropriate for new investors. By investing in this franchise, you may be eligible for financial assistance.
Lastly, Santos is another attractive brand operating in the High Street Shops sector. You will need to invest £300,000 to start your own Santos business. At least £100,000 of this significant 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 small premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible. See eligibility details on our website.
If you would like to work in the High Street Shops sector, the perfect investment opportunity could be waiting for you among our 19 available franchises in the sector. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.