Retail Franchise opportunities to start in Woking
Woking and its prospects for new Businesses
If you'd like to open your own business but don't know where to start, a franchise might just be the solution. Woking, situated in the South East of England, could be a good place to start as there are many brands currently recruiting franchisees in the Woking area. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
Recent figures show that 101,000 people live in Woking. Residents aged 40 to 59 years old have the highest concentration in the population. The average gross salary in the UK is £30,629. Residents of Woking earn £38,198 a year on average.
The High Street Shops sector and its franchising opportunities
If you're thinking about becoming a franchisee in the High Street Shops sector, have a look at our 19 franchise opportunities currently available in the field. The High Street Shops sector is just one example of the options available in the Retail industry. Other opportunities include three Craft franchises, three Fashion franchises, three Toy Store franchises, three E Cigarette franchises and two Cosmetic franchises. Have a look, the perfect business opportunity for you could be a few clicks away. Opening a business is not a simple feat, but becoming a franchisee makes running your own business much more feasible. The Woking region offers plenty of opportunities for starting a new and exciting business venture of your own. The Retail industry is a busy one in the region, already employing 4,500 people. So, what is stopping you from starting your own business in Woking today?
Eager to find out more? Here are three franchise business examples
Gautier could be a great choice for you if you're interested in the High Street Shops sector. This brand is growing, counting two locations across the United Kingdom. Financial aid can be provided in some circumstances. See our website for more information.
Cash Converters is another competitive brand operating in the High Street Shops sector. The first franchise launched in 1984. The company has built strong customer loyalty over the past 36 years. This business requires a significant initial investment of £100,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Cash Converters business is £39,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Finally, BoConcept is an interesting investment opportunity in the High Street Shops sector. First opened in 1993, BoConcept has acquired valuable experience in the sector in its 27 years since first opening. The brand's network is significant, counting 250 outlets across the United Kingdom. Opening a BoConcept business requires a substantial initial investment of £500,000. At least £100,000 should come from your own personal investment. It is thus less appropriate for new investors.
The High Street Shops sector offers 19 franchising options. With 236 new business investment opportunities to choose from across various sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.