Retail & Stores Franchise opportunities to start in Sunderland
Investing in Sunderland could be your next move
The franchising opportunities in Sunderland, 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 discover which brands you could work with in Sunderland. Explore our sectors and brands to find your best options among different franchising opportunities, keeping in mind your personal interests and career objectives.
There are 277,000 people living in the Sunderland area. When broken down by age group, 40-59 year olds represent the largest portion of the population. The local labour force consists of 130,000 people, or 74.5% of the total population. With an unemployment rate of 7.1%, recent data shows that employment in this area is slightly higher than in the rest of the UK. With an average gross annual income of £24,167, salaries in Sunderland are lower than the average income of £30,629 across the United Kingdom.
Franchising options in the Retail industry
There are currently 61 opportunities to invest in the Retail industry. If you would like to operate a business in this sector, keep reading. There are two Greeting Card franchises, four Tool franchises, three E Cigarette franchises, three Fashion franchises and three Craft franchises offering franchising opportunities. You'll find opportunities to suit many different career goals and aspirations.
Check out three available franchise options
If you're interested in the Retail industry, take a look at Ecigwizard. By joining its current 45 franchisees, you would become a part of a fast growing brand network. It has been running since 2011. This business opportunity requires an initial investment of £60,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Ecigwizard asks for a minimum personal investment of £40,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Have a look at The Original Poster Company, another attractive Retail franchise that launched in 1991. The brand has gained valuable experience and expertise over the past 29 years. The brand is growing, with 70 outlets currently in operation, and a desire to expand further.
Finally, Noa Noa is another interesting brand operating in the Retail industry. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance. See eligibility details on our website.
The Retail industry currently offers 61 investment options. At Point Franchise, we are proud to offer almost 250 franchise options across various sectors, helping you find the perfect investment opportunities for you.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.