Retail Franchise opportunities to start in Rochester
What to consider when starting a business in Rochester
You could open your own business by becoming a franchisee in Rochester. Medway, located in the South East of England, offers a number of new business investment possibilities. On this page, you'll find a range of companies looking for franchisees. Explore our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to starting your own business.
There are 278,000 people living in the Medway region. Residents in the 20-39 age category make up the largest portion of the population. The community has 142,200 economically active people, representing 80.7% of the population, with an unemployment rate of 3.5%. This rate is lower than the country's 4% national average. The local income averages £30,459 per year, which is in line with the just over £30,500 average income in the United Kingdom as a whole.
Why High Street Shops businesses appeal to franchisees
The High Street Shops sector currently offers 19 franchise opportunities. If this sector appeals to you, have a look at our options. The High Street Shops sector is just one example of the options available in the Retail industry. Other options include two Music Shop franchises, 19 Retail franchise, four Tool franchises, three Fashion franchises and two Greeting Card franchises. Have a look, the perfect business opportunity for you could be a few clicks away. In Medway, the Retail industry already provides employment for nearly 9,000 people, potentially making this path an ideal one for you, too!
Three examples of available franchise business opportunities
Gautier is a competitive franchise operating in the High Street Shops sector. This brand is developing, counting two location across the UK. A small premises will be required to operate this business. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Another brand worth considering is Santos. The brand's network is important, counting 260 outlets in the United Kingdom. Starting a Santos business requires a substantial initial investment of £300,000. At least £100,000 should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. You may be eligible for financial aid.
As a final example, check out Veeno. By joining its eight franchise already in operation, you could contribute to this brand's expansion. To open your own Veeno franchise, you will need to invest £80,000, of which at least £35,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. A large premises will also be required to operate this business. By investing in this established brand, you could qualify for financial aid. See our website for more information.
There are currently 19 franchising opportunities available in the High Street Shops sector. Plus, with 236 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the brand that best meets your needs.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.