Retail Franchise opportunities to start in Margate
Why should you invest in Margate?
Discover the opportunities waiting for you in Margate, situated in the South East of England. On this page you'll find a selection of brands recruiting franchisees in the Thanet area. Franchising gives you the opportunity to run your own business, complete with training and marketing support. We offer a number of franchises to suit different budgets and career objectives. Have a look at our selection of brands and sectors to see what might suit you.
The Thanet area has 142,000 residents. The population's most prevalent age group is made up of 60+ year olds. Thanet has an unemployment rate of 3.8% within its labour force of 60,400 people. This rate is comparable to the UK average. For the Thanet area, the average salary is £24,959, which is slightly lower than the national average income of £30,629.
The High Street Shops sector and its business options
Across the UK, there are 19 franchises operating in the High Street Shops sector. The High Street Shops sector is just one sector among many in the Retail industry. Its two Greeting Card franchises, three Craft franchises, four Tool franchises, three Fashion franchises and four Printing franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting business venture. Opening a business is not a simple feat, but becoming a franchisee makes managing your own business much more feasible. The Thanet region offers plenty of opportunities for starting a new and exciting business venture of your own. The Retail industry is a busy one in the region, already employing 6,000 people. So, what is stopping you from starting your own business in Thanet today?
Eager to know more? Here are three franchise business examples
If you are interested in opening a business in the High Street Shops sector, read about Apollo Blinds, a company operating since 1972. Apollo Blinds has grown a loyal following since opening 48 years ago. This brand is developing, counting 50 locations across the UK. You will need an initial investment of £20,000 to start your own Apollo Blinds business. Given these low startup costs, this option could be suitable for first-time franchisees.
If the High Street Shops sector appeals to you, BoConcept is another option you could have a look at. First established in 1993, BoConcept has proved itself to be a successful business and leader in the field in its 27 years since opening. The brand has a well-established network and good visibility, operating in 250 franchise outlets. Starting a BoConcept franchise will require you to invest a minimum of £500,000. At least £100,000 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.
As a final High Street Shops franchise option, take a look at Cash Generator. Launched in 1997, the brand is now mature and a leader within the sector, having grown its franchise network for 23 years. By joining its network of 700 franchisees, you would become a part of a strong business community. This business requires a significant initial investment of £240,000. If you plan on getting 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 open a Cash Generator business is £80,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Eager to read more about business opportunities in the High Street Shops sector? Explore our 19 available options. Don't forget that we offer new business investment ranges across many different sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of almost 250 franchising possibilities.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.
