Retail & Stores Franchise opportunities to start in Horndean
Opening a franchise business in Horndean
Horndean, located in Scotland, offers a number of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising opportunities here. You might just find the right brand for starting your own business in the Scottish Borders area. We offer a number of franchises to suit a variety of budgets and career objectives. Take a look at our selection of brands and sectors to see what might suit you.
Scottish Borders has an estimated population of 115,000 residents. When broken down by age range, 60+ year olds represent the largest portion of the population. The 3.2% unemployment rate among the 53,300 economically active people in the area is lower than the national average. The local income averages £26,777 per year, which is slightly lower than the £30,629 average salary in the United Kingdom as a whole.
Could the Retail industry be the right choice for you?
There are 61 brands offering franchise opportunities in the Retail industry. There are three Fashion franchises, two Greeting Card franchises, three Craft franchises, two Music Shop franchises and three E Cigarette franchises recruiting at this time. Our range is likely to have an option that suits your career goals and aspirations. In Scottish Borders, there are currently 4,500 people working in the Retail industry, so you would be joining an established business network.
Check out three available franchise opportunities
The Retail industry has many franchise opportunities available, such as The London Vape Company, which opened in 2014. The brand is growing quickly, with five locations currently in operation, and a desire to expand further. 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. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Financial assistance can be provided in some circumstances.
Another interesting investment opportunity is Cash Generator, which has been in business since 1997. The brand has gained valuable experience and expertise over the past 23 years. The brand benefits from a strong network and good exposure, operating in 700 franchise outlets. To start your business, you will need an initial investment of £240,000. 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 usually be required. For Cash Generator, the minimum personal investment is £80,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Finally, check out Zip Yard, another competitive Retail franchise. If you can't cover the startup costs on your own, you could see if you qualify for financial aid. See eligibility details on our website.
We offer a total of 61 businesses in the Retail industry. If you're interested, see if the right investment opportunity for you is among them. Point Franchise has 236 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.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.