Retail & Stores Franchise opportunities to start in Carlisle
Opening a franchise business in Carlisle
Carlisle, located in North West England, has many opportunities for people looking to start their own business. There are several brands currently recruiting franchisees in the Carlisle area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. To start off with, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
There are 108,000 people living in the Carlisle area. The majority of the population sits within the 60+ age group. Carlisle has an unemployment rate of 2.1% within its labour force of 52,800 people. This rate is very low compared to the national average. The local income averages £24,503 per year, which is slightly lower than the £30,629 average income in the United Kingdom as a whole.
Why choose to open a business in the Retail industry?
Across the United Kingdom, there are 61 franchises in the Retail industry. There are two Cosmetic franchises, three Fashion franchises, three Craft franchises, two Music Shop franchises and four Sweet Shop franchises recruiting at this time. Our selection is likely to have an option that suits your career goals and aspirations. The Retail industry provides work for many people. In Carlisle, businesses currently employ 7,000 people in the sector.
Three brands worth your attention
Mac Tools is an interesting franchise that has been operating in the Retail industry since 2011. The brand runs in 170 franchise locations which make up a well-established business network. To start your own Mac Tools franchise, you will need to invest £50,000, of which at least £5,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
Another option to consider is The London Vape Company, a brand that has been in business since 2014. By joining its current five franchisees, you would become a part of a fast growing brand network. You will need to invest £60,000 to start operating your own London Vape Company business. Your personal investment should account for at least £30,000 of the total amount. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. You could also receive financial assistance, if eligible. Visit our website for more information.
As a final Retail franchise option, have a look at Cash Converters. Launched in 1984, Cash Converters has gained expertise and customer loyalty in its 36 years since opening. The brand's network is made up of 200 franchisees, which increase its visibility. Opening a Cash Converters franchise will require you to invest a minimum of £100,000. At least £39,000 of this 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.
Starting a business in the Retail industry has great potential. If you're interested, explore our 61 available opportunities. Plus, with close to 250 alternative franchising options available across various sectors, Point Franchise offers plenty of choice to find the right brand for you.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.