Retail & Stores Franchise opportunities to start in Blyth

What to know before starting a franchise in Blyth

The franchising options in Blyth, located in North East England, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to find out which brands you could work with in Northumberland. With your interests and career objectives in mind, have a look at our range of franchising opportunities.

There are 320,000 people living in the Northumberland area. The population's most prevalent age group is made up of 60+ year olds. The 6.1% unemployment rate among the 141,300 economically active people in the area is slightly higher than the national average. Across the United Kingdom, the average gross income is £30,629. In the Northumberland area, it is £26,168.

Why the Retail industry appeals to franchisees

If the idea of running a business in the Retail industry appeals to you, check out the 61 brands currently recruiting franchisees in the sector. We have three E Cigarette franchises, two Cosmetic franchises, three Craft franchises, four Printing franchises and four Tool franchises. Take a look at the brands to see if your perfect match is among them.

Three franchises that might interest you

The Retail industry has many franchise opportunities available, such as Cash Generator, which opened in 1997. The company is now mature and a leader within the sector, having grown its franchise community for 23 years. The brand's network is made up of 700 franchisees, which promote its visibility. This business requires a significant initial investment of £240,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Cash Generator business is £80,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.

You could also consider Minuteman Press. The brand's network is significant, counting 975 locations across the United Kingdom. A total of £50,000, an affordable initial investment, is required to open a Minuteman Press franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £25,000 of the total investment should come from your personal funds. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. Financial assistance can be given in some circumstances.

Finally, Zip Yard is another interesting brand operating in the Retail industry. Eligible candidates may apply for financial aid. Visit our website for details.

There are currently 61 new business investment opportunities available in the Retail industry. Point Franchise currently has a total of almost 250 brands recruiting franchisees across a variety of sectors. Have a look to see which other sectors you might want to invest in.

This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.