Retail Franchise opportunities to start in Wickford
Investing in a franchise in Wickford
You could start your own business by becoming a franchisee in Wickford. There are a number of possibilities to choose from in Basildon, located in the East of England. Check out our range of brands and start managing your own business with a team behind you. 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, 186,000 people live in Basildon. Residents in the 40-59 age category make up the largest portion of the population. In terms of employment, the area has an economically active population of 91,700 people (81.0%), of which the unemployment rate is 3.5%. This figure is lower than the average unemployment rate in the UK. In the United Kingdom, the average gross income is close to £31,000; in the Basildon area, it is £32,823.
The High Street Shops sector and its franchising opportunities
There are 19 brands offering franchise opportunities in the High Street Shops sector. In fact, we have a wide selection of options in the Retail industry including the franchises in the High Street Shops sector. You can pick from two Cosmetic franchises, three Craft franchises, four Tool franchises, three Toy Store franchises and 19 Retail franchises today.
Want to know more? Read about these three brands
If you're interested in the High Street Shops sector, have a look at Cash Generator. By joining its network of 700 franchisees, you would become a part of a well-established business community. It has been running since 1997. Cash Generator has acquired valuable experience in the sector in its 23 years since first opening. Starting a Cash Generator franchise requires a substantial initial investment of £240,000. If you plan on getting a loan to cover the startup costs, Cash Generator asks for a personal investment of at least £80,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Have a look at CAVAVIN, another competitive High Street Shops franchise. The brand's network is made up of 160 franchisees, which enhance its visibility. Opening a CAVAVIN business requires a substantial initial investment of £100,000. At least £40,000 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. You will also need to invest in a large premises to operate this business. Also, if you can't cover the startup costs alone, you may be able to benefit from financial assistance.
Finally, another option to consider is Post & Packing, a brand that first opened in 2012. There are 11 locations open so far, and the network is expanding quickly. Opening a Post & Packing franchise will require you to invest a minimum of £50,000. At least £35,000 of this 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. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for more information.
There are currently 19 new business investment opportunities available in the High Street Shops sector. At Point Franchise, we have 236 new business investment opportunities available, giving you plenty to choose from in other sectors too.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.