Retail Franchise opportunities to start in East Grinstead
East Grinstead could be home to your new business
Would you like to open a business in East Grinstead, located in South East England? Would you like to work for yourself but not on your own? If so, check out our franchising options. On this page, you'll find various brands offering the training and support you need to run your own business in the Mid Sussex area. We offer a number of realistic new business investment possibilities, so that you can find one you like.
The population of Mid Sussex is 150,000. The most represented age range is 40-59 years old. In terms of employment, the area has an economically active population of 80,400 people (87.3%), of which the unemployment rate is 3.8%. This figure is in line with the average unemployment rate in the United Kingdom. The local income averages £33,839 per year, which is higher than the just over £30,500 average salary in the UK as a whole.
Why the High Street Shops sector might be a good option for you
If you would like to run a High Street Shops franchise, you are likely to find one that interests you among 19 available across the United Kingdom. Bear in mind that the potential for exciting business plans in the Retail sector is not limited to the High Street Shops sector. Other available investment opportunities include four Printing franchises, three Toy Store franchises, two Greeting Card franchises, three Fashion franchises and 19 Retail franchises. See if there's one to suit your business goals. In Mid Sussex, the Retail industry already provides work for nearly 6,000 people, potentially making this path an ideal one for you, too!
Three brands worth your attention
The High Street Shops sector offers a variety of brands to choose from, including Cash Converters. Launched in 1984, Cash Converters has acquired substantial customer loyalty over its 36 years in business. By joining its network of 200 franchisees, you would become a part of a well-established business community. You will need an initial investment of £100,000 to start your own Cash Converters business. Your personal investment should account for at least £39,000 of the total amount. You may want to think about getting a loan to open a business in this sector. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Another possibility to consider is BoConcept. The company has been in business since 1993. BoConcept now has over 27 years of experience under its belt. The brand's network is made up of 250 franchisees, which enhance its exposure. Opening a BoConcept business requires a significant initial investment of £500,000. At least £100,000 should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Lastly, Nicholas Humphreys Estate Agent is an interesting investment opportunity in the High Street Shops sector. First launched in 1999, the brand now has 21 years of experience, making it a leader in the field. The brand is growing, with 28 outlets already in operation, and a desire to expand further. To open your own Nicholas Humphreys Estate Agent franchise, you will need to invest £31,200, of which at least £15,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. These low startup costs make this a good franchising option for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance. See eligibility details on our website.
If you are considering opening a franchise business in the High Street Shops sector, you might be interested to explore our 19 available brands. Point Franchise currently has a total of almost 250 brands recruiting franchisees across a range of sectors. Have a browse to see which other sectors you might want to invest in.
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