Retail Franchise opportunities to start in Gravesend
Starting a new business in Gravesend
Discover the opportunities waiting for you in Gravesend, situated in the East of England. On this page you'll find a selection of brands recruiting franchisees in the East Hertfordshire area. Franchising is an opportunity to run your own business, complete with training and marketing assistance. To start off with, look for the line of work that appeals to you the most. This is a quick way to find the brand best suited to you.
The East Hertfordshire area has 148,000 residents. The population's most prevalent age group is made up of 40-59 year olds. East Hertfordshire has an unemployment rate of 1.9% within its labour force of 70,700 people. This rate is very low compared to the UK average. With an average gross annual income of £48,836, salaries in East Hertfordshire are significantly higher than the average salary of just over £30,500 across the UK.
Running a franchise in the High Street Shops sector
Are you interested in the High Street Shops sector? You're likely to find a franchise worth considering among 19 brands across the United Kingdom. You will find many business opportunities in the Retail industry, including those in the High Street Shops sector. Other possibilities include three Toy Store franchises, 19 Retail franchises, two Greeting Card franchises, four Sweet Shop franchises and four Printing franchises. The perfect business to suit your career goals and aspirations might just be among them. If you're interested in the Retail industry, you're not alone. In East Hertfordshire, 5,000 people currently work in the field.
Eager to find out more? Here are three franchise business examples
If the High Street Shops sector is your area of interest, Veeno is worth considering. By joining its eight franchises already in operation, you could contribute to this company's expansion. Starting a Veeno business requires an initial investment of £80,000. If you intend to get a loan to cover the startup costs, Veeno asks for a personal investment of at least £35,000. For most franchises, this amount represents 30 to 50% of the total 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. By investing in this franchise, you may be eligible for financial support.
Check out Mail Boxes Etc. Franchisees benefit from this company's wide network, which operates across 1,600 franchise locations. In order to open a Mail Boxes Etc. business, a reasonable initial investment of £60,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Mail Boxes Etc. asks for a personal investment of at least £25,000. These low startup costs make this a good franchising option for first-time franchisees. If you can't afford the startup costs on your own, you could see if you qualify for financial aid. Visit our website for details.
Lastly, Cash Generator is another interesting franchising opportunity if you plan to invest in the High Street Shops sector. Launched in 1997, Cash Generator has acquired valuable experience in the sector in its 23 years since first opening. The brand's network is made up of 700 franchisees, which enhance its exposure. Starting a Cash Generator business requires a substantial initial investment of £240,000. At least £80,000 should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
If you are thinking about opening a franchise business in the High Street Shops sector, you might be interested to browse our 19 available brands. Point Franchise offers a total of 236 franchising options across a variety of sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.