Retail Franchise opportunities to start in Sevenoaks
Thinking about living and working in Sevenoaks?
Sevenoaks, located in the South East of England, has many opportunities for people looking to open their own business. There are several brands currently recruiting franchisees in the Sevenoaks area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
According to recent census data, there are 120,000 people living in Sevenoaks. The most represented age group is 40-59 years of age. The community has a 4.9% unemployment rate, which is slightly higher than the UK average of 4%. There are 58,400 economically active people in the region, representing 83.1% of the total population. Residents of Sevenoaks have an annual average income of £48,461. In comparison, the average gross salary in the United Kingdom is £30,629.
Running a franchise in the High Street Shops sector
There are 19 brands offering franchise options in the High Street Shops sector. In fact, the Retail industry as a whole offers a wide range of franchises to invest in, including three E Cigarette franchises, three Fashion franchises, four Sweet Shop franchises, two Cosmetic franchises and four Printing franchises. Explore our available brands to find a potential match. Retail is a well-established industry, providing employment for 4,000 people in Sevenoaks alone.
Want to know more? Read about these three brands
If you would like to invest in a High Street Shops business, you could consider Cash Converters. First established in 1984, Cash Converters has acquired expertise and customer loyalty in its 36 years since opening. The brand's network is made up of 200 franchisees, which promote its visibility. A total of £100,000, a significant initial investment, is required to start a Cash Converters franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £39,000 of the total investment should come from your personal funds. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Have a look at Nicholas Humphreys Estate Agent. Initially established in 1999, the company is now mature and a leader within the sector, having expanded its franchise community for 21 years. There are 28 locations open so far, and the network is expanding. You will need to invest £31,200 to begin running your own Nicholas Humphreys Estate Agent business, which is an affordable initial investment. Your personal investment should account for at least £15,000 of the total amount. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. An investment in this franchise entitles you to financial aid, if eligible.
Finally, another brand worth considering is Zip Yard. You may be eligible for financial assistance. Visit our website for details.
There are 19 franchises waiting to be discovered in the High Street Shops sector. Whether you've already made the decision to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of almost 250 franchising opportunities to help you find the perfect fit.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.