Retail & Stores Franchise opportunities to start in Blackburn
Is Blackburn a good place to become a franchisee?
Would you like to run your own business? Blackburn, located in North West England, could be a good place to start. There are many businesses currently recruiting franchisees in the Blackburn with Darwen area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. We offer franchise investment options in a variety of sectors. Why not look into the sector that appeals to you the most?
There are approximately 149,000 people currently living in Blackburn with Darwen. Residents aged 0 to 19 years old make up the prevalent age range in the population. In terms of employment, the area has an economically active population of 66,100 people (71.6%), of which the unemployment rate is 5%. This figure is slightly higher than the average unemployment rate across the United Kingdom. The local income averages £23,609 per year, which is lower than the just over £30,500 average salary in the UK as a whole.
Does the Retail industry appeal to you?
If you want to run your own business in the Retail industry, the good news is that there are 61 franchises currently recruiting new franchisees across the country. Available brands include four Tool franchises, three Craft franchises, four Printing franchises, three E Cigarette franchises and three Toy Store franchises. You are likely to find a brand that fits your career goals and aspirations among our multiple investment opportunities. You may be interested to know that companies in the Blackburn with Darwen area currently employ 7,000 people in the Retail industry.
Three franchises that could interest you
Cash Converters is an interesting franchise that has been operating in the Retail industry since 1984. Cash Converters has acquired many devoted customers over the past 36 years. The brand benefits from a strong network and good visibility, operating in 200 franchise outlets. To start your business, you will need an initial investment of £100,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Cash Converters, the minimum personal investment is £39,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.
The London Vape Company is another attractive brand operating in the Retail industry. The first franchise opened in 2014. To start your own London Vape Company franchise, you will need to invest £60,000, of which at least £30,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. 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. By investing in this established brand, you could be eligible for financial aid.
Lastly, Zip Yard is an interesting investment opportunity in the Retail industry.
If you are interested in the Retail industry and want to discover more franchising options, have a look at the 61 brands available in this sector. If you're interested in exploring franchising opportunities in other sectors, Point Franchise offers close to 250 brands to pick from.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.