Retail & Stores Franchise opportunities to start in Middleton
Starting a franchise business in Middleton
You could start your own business by becoming a franchisee in Middleton. There are a number of opportunities to choose from in Argyll and Bute, located in Scotland. Check out our selection of brands and start running your own business with a team behind you. Browsing our range of brands and sectors will allow you to pinpoint the type of business that is right for you.
A recent census found that 86,000 people live in Argyll and Bute. Residents aged over 60 years old have the highest concentration in the population. The 3.3% unemployment rate among 38,500 economically active people in the area is lower than the national average. Argyll and Bute has an average annual salary of £22,362. This salary is lower than the rest of the UK, which has an average income of close to £31,000.
The Retail industry and its business options
If you would like to operate a Retail franchise, you are likely to find one that appeals to you among 61 available across the United Kingdom. This sector offers a number of interesting options, including four Sweet Shop franchises, two Cosmetic franchises, two Music Shop franchises, three Toy Store franchises and three Fashion franchises. See if any catch your eye. If you're interested in the Retail industry, you're not alone. In Argyll and Bute, 3,000 people currently work in the industry.
Take a look at these three business examples
If you're interested in the Retail industry, have a look at Ecigwizard. This brand is developing quickly, counting 45 location in the United Kingdom. It has been running since 2011. In order to open an Ecigwizard business, an initial investment of £60,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Ecigwizard requires a personal investment of at least £40,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Eligible candidates may apply for financial assistance.
You could also consider The London Vape Company, which has been running since 2014. By joining its network of five franchisee, you could contribute to this up-and-coming brand's success. Opening a London Vape Company business requires an initial investment of £60,000. At least £30,000 should come from your own personal investment. 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. You could also receive financial aid, if eligible.
Finally, Mac Tools is another attractive brand operating in the Retail industry. The first franchise launched in 2011. Starting a Mac Tools franchise will require you to invest a minimum of £50,000. At least £5,000 of this should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See our website for more information.
If you are thinking about running a franchise business in the Retail industry, you might be interested to explore our 61 available brands. Point Franchise has close to 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.