Retail Franchise opportunities to start in Billericay
Investing in Billericay could be your next move
Would you like to run your own business? Billericay, located in the East of England, could be a good place to start. There are many brands currently recruiting franchisees in the Basildon area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. Exploring our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
There are 186,000 people living in the Basildon region. Residents in the 40-59 age group make up the largest portion of the population. The area has a labour force of 91,700 people, or 81.0% of the total population. The unemployment rate (3.5%) is below par compared to the rest of the UK. With an average gross annual income of £32,823, salaries in Basildon are slightly higher than the average salary of close to £31,000 across the UK.
The High Street Shops sector and its business options
There are 19 brands currently looking for franchisees in the High Street Shops sector. If this sector appeals to you, check them out. The High Street Shops sector is part of the Retail sector, which also offers two Music Shop franchises, two Greeting Card franchises, two Cosmetic franchises, three E Cigarette franchises and 19 Retail franchises. The right business to suit your career objectives and aspirations might just be among them.
Three franchise businesses worth reading about
If you plan to invest in the High Street Shops sector, Zip Yard could be a good option.
Take a look at Cash Converters. Initially established in 1984, the brand has grown a dedicated following over the past 36 years. The brand benefits from a strong network and good visibility, operating in 200 franchise locations. Starting a Cash Converters business requires a significant initial investment of £100,000. If you intend to get a loan to cover the startup costs, Cash Converters asks for a personal investment of at least £39,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Finally, Cash Generator is an interesting investment opportunity in the High Street Shops sector. First opened in 1997, the brand is now mature and a leader within the sector, having expanded its franchise network for 23 years. By joining its network of 700 franchisees, you would become a part of a well-established business community. This business requires a significant initial investment of £240,000. If you plan on getting 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 start a Cash Generator business is £80,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
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. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a range of sectors to help you find your perfect investment opportunity.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.