Retail Franchise opportunities to start in Northfleet
Investing in a franchise in Northfleet
Discover the business opportunities waiting for you in Northfleet, situated in the East Midlands. On this page you'll find a range of brands that could make you a franchisee in the Northampton area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. There are a number of new business investment options available based on your budget and career objectives. Have a browse to find the brand that appeals to you most.
Northampton has an estimated population of 225,000 residents. The most represented age group is 20-39 years old. Northampton has an unemployment rate of 5.1% within its labour force of 120,300 people. This rate is high compared to the national average. The annual salary in the UK is just over £30,500 on average. The people of Northampton earn an average annual salary of £29,501, in line with the country's average.
Could the High Street Shops sector be the right choice for you?
Across the UK, there are currently 19 opportunities to open your own franchise in the High Street Shops sector. This is just one of the sectors you could choose within the Retail sector. There are also two Music Shop franchises, three Toy Store franchises, 19 Retail franchises, two Greeting Card franchises and three Fashion franchises. Have a look and see if any are a good fit for you.
Read about these three brands to see what franchise options exist
There are many interesting franchising possibilities in the High Street Shops sector. Take Post & Packing for example, a brand that was first established in 2012. By joining its network of 11 franchisees, you could play a part in this up-and-coming brand's success. An initial investment of £50,000 will enable you to start your own Post & Packing business. In most cases, your personal investment should represent 30 to 50% of the total amount. Post & Packing requires you to personally invest at least £35,000. You could potentially apply for a loan to cover the remaining costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If you are unsure about starting your own business, taking on an established franchise could be the solution. Post & Packing offers full training and support, ensuring that its franchisees are well-equipped to succeed. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Check out Schmidt. The brand is developing, with 28 locations already in operation, and a desire to expand further. You will need to invest £350,000 to open your own Schmidt business. At least £80,000 of this significant amount should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A small premises will also be required to operate this business. If you choose to invest in this franchise, you will be offered comprehensive training and support, giving your business the best possible chance to succeed. Financial aid is also available, providing you meet the eligibility criteria. See eligibility details on our website.
Lastly, another option to consider is Ecigwizard. The company has been in business since 2011. This brand is expanding quickly, counting 45 outlets across the United Kingdom. Starting an Ecigwizard business requires an initial investment of £60,000. If you intend to get a loan to cover the startup costs, Ecigwizard asks for a personal investment of at least £40,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Ecigwizard can support you with comprehensive training and assistance to help your business reach its full potential.
Eager to read more about business opportunities in the High Street Shops sector? Have a look at our 19 available options. With close to 250 franchising opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.