Retail Franchise opportunities to start in Haverhill
Haverhill is waiting for you to open a franchise business
If you want to start your own business, you may find that Haverhill has a lot to offer. Many brands are currently looking for franchisees in the Suffolk area. Read on to see if running a franchise could be a good option for you! There are a number of new business investment options available based on your budget and career goals. Have a browse to find the brand that appeals to you most.
Recent figures show that 759,000 people live in Suffolk. Residents aged over 60 years old make up the majority of the population. The local unemployment rate of 2.4% among 350,800 economically active people, or 80.2% of the population, is significantly lower than the average in the United Kingdom. Across the UK, the annual gross income is £30,629 on average. In the region of Suffolk, it is £29,129.
Why choose to open a business in the High Street Shops sector?
Are you interested in running your own business in the High Street Shops sector? Take a look at our 19 franchise opportunities available in this field. The High Street Shops sector is just one example of the options available in the Retail industry. Other options include 19 Retail franchises, two Cosmetic franchises, three Fashion franchises, three Toy Store franchises and three E Cigarette franchises. Have a look, the perfect investment opportunity for you could be a few clicks away. The Retail industry provides work for many people. In Suffolk, businesses currently employ 32,000 people in the sector.
Have a look at three franchise business examples
Tubz Vending is a competitive business operating in the High Street Shops sector. Initially, you would need to invest £3,295 to get your own Tubz Vending business up and running. Given these low startup costs, this option could be suitable for first-time franchisees. A small premises will also be required to operate this business. If you can't afford the startup costs on your own, you could find out if you qualify for financial aid. Visit our website for details.
Cash Generator is another successful business that has been operating in the High Street Shops sector since 1997. The brand now has 23 years of experience, making it a leader in the field. The brand operates in 700 franchise locations which make up a strong business community. In order to open a Cash Generator business, a significant initial investment of £240,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Cash Generator requires a personal investment of at least £80,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. Training and assistance provided by Cash Generator will help you steer your business in the right direction.
Lastly, Ecigwizard, open since 2011, is another interesting option. By joining its network of 45 franchisees, you could play a part in this up-and-coming brand's success. You will need to invest £60,000 to start running your own Ecigwizard business. Your personal investment should account for at least £40,000 of the total amount. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If you choose to invest in this franchise, you will be offered comprehensive training and support, giving your business the best possible chance to thrive.
There are currently 19 available franchise options in the High Street Shops sector. Take a look at these businesses to see if there's a good fit for you. On Point Franchise, there is plenty of choice in other sectors as well. We have 238 franchising opportunities in total to choose from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.
