Retail Franchise opportunities to start in Bury St Edmunds
What can Bury St Edmunds offer to new businesses?
If you want to open a business in Bury St Edmunds, working for yourself but not on your own, then check out our franchising opportunities in the East of England. On this page, you will find a variety of brands to choose from for becoming a franchisee in the Forest Heath area and across the United Kingdom. We offer a number of realistic new business investment possibilities, so that you can find one you like.
According to recent census data, 179,000 people live in Forest Heath. When broken down by age group, the majority of the population sits within the 60+ category. The average annual salary across the United Kingdom is just over £30,500. With a gross income averaging £30,485, residents of Forest Heath have a salary in line with the national average.
The High Street Shops sector: An interesting opportunity for franchisees
Across the United Kingdom, there are currently 19 opportunities to run your own franchise in the High Street Shops sector. The High Street Shops sector is a part of the Retail sector. Other brands recruiting in this industry include two Music Shop franchises, three E Cigarette franchises, four Printing franchises, two Cosmetic franchises and three Craft franchises. Among these new business investment options, there will likely be one that fits your career goals and aspirations. In the Forest Heath area, the Retail industry provides work for 8,000 people.
Three franchise business examples
Initially established in 1972, Apollo Blinds operates in the High Street Shops sector. Apollo Blinds now offers its expertise to a loyal customer base, built up over 48 years. By joining its current 50 franchisees, you would be joining a growing brand network. Opening an Apollo Blinds business requires an initial investment of £20,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
Cash Generator is an interesting franchise option in the High Street Shops sector. First launched in 1997, the company is now mature and a leader within the sector, having developed its franchise community for 23 years. The brand benefits from a well-established network and good visibility, operating in 700 franchise locations. A total of £240,000, a substantial initial investment, is required to start a Cash Generator franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £80,000 of the total investment should come from your personal funds. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Lastly, another option worth considering is Granite & TREND Transformations. You will need to invest £67,500 to start your own Granite & TREND Transformations business. At least £30,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
We offer a total of 19 businesses in the High Street Shops sector. If you're interested, see if the perfect investment opportunity for you is among them. Point Franchise currently has a total of 236 brands recruiting franchisees across a range of sectors. Have a look to see which other sectors you might want to invest in.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.