Retail Franchise opportunities to start in Sittingbourne
Sittingbourne and its prospects for new Businesses
Many brands are currently recruiting franchisees in Sittingbourne, located in South East England. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Swale area. Explore our sectors and brands to find your best options among various franchising opportunities, keeping in mind your personal interests and career goals.
There are 149,000 people living in the Swale region. The majority of the population sits within the 40-59 age range. The community has 65,600 economically active people, representing 75.8% of the population, with an unemployment rate of 4.9%. This rate is slightly higher than the country's 4% national average. The area's average gross annual income of £29,888 is in line with the average income of just over £30,500 across the UK.
Why open a franchise in the High Street Shops sector?
Across the UK, there are 19 franchises in the High Street Shops sector. The High Street Shops sector is a part of the Retail sector. Other brands recruiting in this industry include three Craft franchises, four Tool franchises, two Cosmetic franchises, four Printing franchises and three Toy Store franchises. Among these new business investment opportunities, there will likely be one that fits your career goals and aspirations. If you want to run a business in the Retail industry, it could be useful to know that companies in the industry currently employ 4,500 people in the Swale area.
Have a look at these three business examples
Mail Boxes Etc. is an interesting business operating in the High Street Shops sector. Starting a Mail Boxes Etc. business requires an affordable initial investment of £60,000. At least £25,000 should come from your own personal investment. These low startup costs make it a good option to pursue for first-time franchisees. If eligible, you might be able to benefit from financial assistance.
Cash Generator is an interesting investment opportunity in the High Street Shops sector. Initially established in 1997, the brand now has 23 years of experience, making it a leader in the field. The brand has a well-established network and good visibility, operating in 700 franchise outlets. A total of £240,000, a substantial initial investment, is required to open a Cash Generator franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £80,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Finally, you could also consider Post & Packing, which has been in business since 2012. The brand is developing quickly, with 11 locations currently in operation, and a desire to expand further. To start your own Post & Packing franchise, you will need to invest £50,000, of which at least £35,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. It is thus less appropriate for new investors. If you can't afford the startup costs on your own, you may qualify for financial aid. Visit our website for more information.
There are currently 19 available franchising opportunities in the High Street Shops sector. Check out these brands to see if there's a good fit for you. On Point Franchise, there is plenty of choice in other sectors too. We have 236 franchising opportunities in total to choose from.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.