Retail & Stores Franchise opportunities to start in Stockton-on-Tees
What to know before opening a franchise in Stockton-on-Tees
Stockton-on-Tees, located in the North East of England, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Stockton-on-Tees area. Check out our various franchising opportunities to discover the sectors and brands that most appeal to you.
There are an estimated 197,000 people in the Stockton-on-Tees area. Residents aged 40 to 59 years old make up the majority of the population. Stockton-on-Tees has an unemployment rate of 6% within its labour force of 91,500 people. This rate is high compared to the UK average. The United Kingdom's annual average income is just over £30,500. Salaries in Stockton-on-Tees are slightly lower in comparison, averaging £26,850 a year.
What the Retail industry could offer you
Are you interested in the Retail industry? You're likely to come across a franchise worth considering among 61 brands across the United Kingdom. You will find a lot of interesting franchising options, including three E Cigarette franchises, two Greeting Card franchises, four Printing franchises, two Music Shop franchises and three Toy Store franchises. Take a look at the available brands to see if your perfect match is among them. In the Stockton-on-Tees area, the Retail industry provides employment for 9,000 people.
Want to know more? Read about these three brands
Minuteman Press could be a great choice for you if you're interested in the Retail industry. By joining its network of 975 franchisees, you would become a part of a well-established business community. This business requires a reasonable initial investment of £50,000. 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 start a Minuteman Press business is £25,000. Given these low startup costs, this option could be suitable for first-time franchisees. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Have a look at The Original Poster Company. Initially established in 1991, the company is now mature and a leader within the sector, having grown its franchise network for 29 years. The brand is developing, with 70 locations currently in operation, and a desire to expand further. If you can't cover the startup costs on your own, you could find out if you qualify for financial aid.
Lastly, have a look at The London Vape Company, another interesting Retail franchise that launched in 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. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. By investing in this franchise, you may be eligible for financial support. See our website for details.
Many businesses are already operating in the Retail industry. We currently have 61 franchise options available in the sector. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.