Retail Franchise opportunities to start in Dover
Why should you invest in Dover?
The Dover area offers many interesting business opportunities. If you like the idea of 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 Dover. Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
Approximately 117,000 people currently live in Dover. Residents aged over 60 years old have the highest concentration within the population. Approximately 53,400 people are economically active in the region, representing 80.2% of the population. The unemployment rate 9.1% is high compared to the national average 4%. For the Dover area, the average income is £31,113, which is in line with the UK average salary of just over £30,500.
The High Street Shops sector: An interesting opportunity for franchisees
If you're interested in becoming a franchisee in the High Street Shops sector, have a look at our 19 franchise opportunities currently available in the field. This is just one of the sectors you could choose within the Retail sector. There are also three E Cigarette franchises, four Sweet Shop franchises, four Printing franchises, three Craft franchises and 19 Retail franchises. Have a browse and see if any are a good fit for you. In Dover, there are currently 3,000 people employed in the Retail industry, so you would become a part of an established business community.
Take a look at three franchise business examples
If you are interested in opening a business in the High Street Shops sector, Cash Generator could be an option for you. Initially established in 1997, the company is now mature and a leader within the sector, having expanded its franchise network for 23 years. The brand's network is vast, counting 700 locations across the country. Starting a Cash Generator business 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. 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 solution. Cash Generator offers full training and support, ensuring that its franchisees are well-equipped to succeed.
The High Street Shops sector has many brands worth considering. Check out Cash Converters. First established in 1984, Cash Converters now offers its expertise to a loyal customer base, built up over 36 years. The brand's network is made up of 200 franchisees, which promote its visibility. This business opportunity requires a substantial initial investment of £100,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Cash Converters asks for a minimum personal investment of £39,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. By investing in this established brand, you can gain access to expert training and support
Finally, you could also consider Nicholas Humphreys Estate Agent, which has been running since 1999. Nicholas Humphreys Estate Agent now has over 21 years of experience under its belt. There are 28 outlets open so far, and the network is expanding. In order to open a Nicholas Humphreys Estate Agent business, an affordable initial investment of £31,200 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Nicholas Humphreys Estate Agent requires a personal investment of at least £9,360. Given these low startup costs, this option could be suitable for first-time franchisees. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Nicholas Humphreys Estate Agent can support you with comprehensive training and assistance to help your business reach its full potential. What's more, financial assistance is available for eligible franchisees. See our website for details.
If you would like to work in the High Street Shops sector, the perfect investment opportunity could be waiting for you among our 19 available franchises in the sector. If you are still not sure which sector best suits your needs, have a look through our range of close to 250 new business investment opportunities across a variety of sectors on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.