Retail Franchise opportunities to start in Herne Bay
Herne Bay could be home to your new business
The Canterbury area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Herne Bay. By browsing the sectors that appeal to you the most, you will find the franchises that best suit your interests and business objectives.
The population of Canterbury is made up of 165,000 residents. The population's most prevalent age group is made up of 20-39 year olds. The local labour force consists of 73,500 people, or 71.0% of the total population. With an unemployment rate of 2.4%, recent data shows that employment in this area is significantly lower than in the rest of the United Kingdom. Across the UK, the annual gross income is £30,629 on average. In the area of Canterbury, it is £31,483.
Have you considered the High Street Shops sector?
Are you interested in the High Street Shops sector? If so, there are 19 available brands to choose from in the United Kingdom. This is just one of the sectors you could choose within the Retail sector. There are also four Printing franchises, 19 Retail franchises, three Fashion franchises, two Greeting Card franchises and four Tool franchises. Have a look and find out if any are a good fit for you. Interesting fact: companies in Retail employ 8,000 people in the Canterbury area. This could be your opportunity to open a successful business of your own!
Three franchise business examples
If you like the idea of opening a business in the High Street Shops sector, Santos could be an option for you. By joining its network of 260 franchisees, you would become a part of a well-established business community. A total of £300,000, a significant initial investment, is required to start a Santos franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £100,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not recommended for first-time franchisees. A small premises will also be required to operate this business. Eligible candidates may apply for financial assistance.
You could also consider Post & Packing, which has been running since 2012. By joining its 11 franchises already in operation, you could contribute to this company's rapid expansion. In order to start a Post & Packing business, an initial investment of £50,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Post & Packing requires a personal investment of at least £35,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. When investing in this franchise, you could be eligible for financial aid. See our website for details.
Finally, Cash Converters is an interesting franchising opportunity in the High Street Shops sector. First launched in 1984, Cash Converters is a recognized leader in the sector, with 36 years of experience under its belt the brand's network is made up of 200 franchisees, which enhance its exposure. Starting a Cash Converters business requires a substantial initial investment of £100,000. If you plan on getting 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. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
The High Street Shops sector has many successful franchise businesses. We currently have 19 options available in this sector. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across many different sectors. Enjoy exploring your options.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.