Retail & Stores Franchise opportunities to start in Washington
Investing in a franchise in Washington
You could start your own business by becoming a franchisee in Washington. Sunderland, located in the North East of England, offers a variety of new business investment opportunities. On this page, you'll find a selection of brands looking for franchisees. By browsing the sectors that appeal to you the most, you will find the franchises that best suit your interests and career goals.
According to recent census data, there are 277,000 people in Sunderland. Residents in the 40-59 age category make up the largest portion of the population. The 7.1% unemployment rate among 130,000 economically active people in the region is slightly higher than the national average. With an average gross annual income of £24,167, salaries in Sunderland are lower than the average income of just over £30,500 across the UK.
Could the Retail industry be the right choice for you?
Are you interested in the Retail industry? You're likely to find a franchise worth considering among 61 brands across the United Kingdom. In fact, you can pick from four Sweet Shop franchises, four Printing franchises, two Greeting Card franchises, four Tool franchises and three E Cigarette franchises today.
Here are three examples of franchise businesses
The Retail industry has many franchise options available, such as The Original Poster Company, which has been operating since 1991. The Original Poster Company has proved itself to be a successful business and leader in the field in its 29 years since opening. There are 70 locations open so far, and the network is expanding. Eligible candidates may apply for financial aid.
Another interesting investment opportunity is Signorini TARTUFI. The brand is growing, with 31 outlets currently in operation, and a desire to expand further. To start your business, you will need an initial investment of £90,000. 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 Signorini TARTUFI, the minimum personal investment is £30,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Lastly, Mac Tools is another interesting brand operating in the Retail industry. The first franchise launched in 2011. You will need an initial investment of £50,000 to start your own Mac Tools business. Your personal investment should account for at least £5,000 of the total amount. You may want to think about getting a loan to start a business in this sector. These relatively low startup costs make it a good option to pursue for first-time franchisees. Financial assistance can be given in some circumstances. Visit our website for details.
The Retail industry offers many interesting investment opportunities, including our 61 franchise options. At Point Franchise, we have close to 250 franchising opportunities available, giving you plenty to choose from in other sectors as well.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.