Retail Franchise opportunities to start in Rayleigh
Starting a franchise business in Rayleigh
You could start your own business by becoming a franchisee in Rayleigh. There are a number of opportunities to choose from in Rochford, located in the East of England. Take a look at our range of brands and start managing your own business with a team behind you. We offer franchise investment options in many different sectors. Why not look into the sector that appeals to you the most?
Recent figures show that 87,000 people live in Rochford. When broken down by age group, the 60+ age range is the most prevalent in the population. The gross annual salary in Rochford amounts to £31,745, which is slightly higher than the national average of £30,629.
The High Street Shops sector: An interesting opportunity for franchisees
There are 19 brands offering franchise options in the High Street Shops sector. In fact, the Retail sector as a whole offers a wide variety of franchises to invest in, including four Tool franchises, three Fashion franchises, four Sweet Shop franchises, four Printing franchises and two Cosmetic franchises. Have a look at our available brands to find a potential match.
Here are three examples of franchise businesses
Cash Converters could be a great choice for you if you're planning to invest in the High Street Shops sector. Open since 1984, the brand's extensive experience, good reputation and wide exposure are valuable assets. The brand's network is important, counting 200 outlets in the UK. Opening a Cash Converters business requires a substantial initial investment of £100,000. At least £39,000 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. If you are unsure about starting your own business, taking on an established franchise could be the answer. Cash Converters provides full training and support, ensuring that its franchisees are well-equipped to succeed.
BoConcept is another successful business that has been operating in the High Street Shops sector since 1993. The company is now mature and a leader within the sector, having grown its franchise network for 27 years. The brand's network is made up of 250 franchisees, which promote its visibility. This business requires a substantial initial investment of £500,000. If you intend to get 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 BoConcept business is £100,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Lastly, another option to consider is Zip Yard, a brand that first opened in 2005. Zip Yard now has over 15 years of experience under its belt. Comprehensive training and support are available when you choose to invest in this franchise.
There are currently 19 new business investment opportunities available in the High Street Shops sector. Point Franchise offers a total of almost 250 franchising options across a variety of sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.