Retail & Stores Franchise opportunities to start in Eccles
Eccles is an attractive town to invest in
Would you like to open a business in Eccles, located in Scotland? Would you like to work for yourself but not on your own? If so, take a look at our franchising options. On this page, you'll find various brands offering the training and support you need to run your own business in the Scottish Borders area. Browsing our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
The population of Scottish Borders is 115,000. The age group with the highest concentration is 60+. In terms of employment, the region has an economically active population of 53,300 people (78.8%), of which the unemployment rate is 3.2%. This figure is lower than the average unemployment rate across the United Kingdom. Residents of Scottish Borders have an annual average salary of £26,777. In comparison, the average gross income in the UK is just over £30,500.
Why choose to open a business in the Retail industry?
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. Could your ideal business be among our three E Cigarette franchises, four Printing franchises, three Fashion franchises, two Music Shop franchises and four Sweet Shop franchises? Have a browse to find out. If you want to work in the Retail industry, you may be interested to know that, in the Scottish Borders area, 4,500 people currently work in the industry.
Here are three examples of franchise businesses
If you're planning to invest in the Retail industry, check out The London Vape Company, a brand that launched in 2014. By joining its current five franchisees, you would become a part of a fast growing brand network. An initial investment of £60,000 will enable you to start your own London Vape Company business. In most cases, your personal investment should represent 30 to 50% of the total amount. The London Vape Company requires you to personally invest at least £30,000. You could potentially get a loan to cover the remaining 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 qualify for financial assistance.
Have a look at Cash Converters. Launched in 1984, Cash Converters, now a leader in the sector, has gained 36 years of experience since first opening. The brand's network is important, counting 200 locations across the country. You will need to invest £100,000 to start your own Cash Converters business. At least £39,000 of this substantial amount should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
The Retail industry has many brands worth considering. As a final example, take a look at Minuteman Press. The brand operates in 975 franchise locations which make up a strong business community. To start your business, you will need an initial investment of £50,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Minuteman Press, the minimum personal investment is £25,000. These low startup costs make this a good franchising option for first-time franchisees. If you can't cover the startup costs on your own, you may be eligible for financial aid. Visit our website for more information.
If working in the Retail industry appeals to you, check out our 61 available franchising opportunities in the sector. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.