Retail & Stores Franchise opportunities to start in Hartlepool
Starting a franchise business in Hartlepool
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our range of brands in Hartlepool, located in the Hartlepool area in the North East of England, where many companies are currently recruiting. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and business objectives.
The population of Hartlepool is made up of 93,000 residents. Residents aged 40 to 59 years old have the highest concentration within the population. The 7.6% unemployment rate among the 41,200 economically active people in the area is slightly higher than the national average. The annual salary in the UK is close to £31,000 on average. The people of Hartlepool earn an average annual salary of £25,130, slightly lower than the country's average.
Running a franchise in the Retail industry
There are 61 UK-based franchises available in the Retail industry. Have a look at our four Sweet Shop franchises, four Tool franchises, three Toy Store franchises, three Craft franchises and two Cosmetic franchises. Could one of these businesses help you reach your career goals and aspirations? If you would like to work in the Retail industry, it may interest you to know that, in the Hartlepool area, 3,500 people currently work in the industry.
Have a look at three franchise business examples
If you'd like to open your own Retail business, Snap-on might be a great option for you. In order to start a Snap-on business, a substantial initial investment of £110,143 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Snap-on asks for a personal investment of at least £24,143. 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. An investment in this franchise entitles you to expert training and support
Take a look at Mr Arkwright's Tool Emporium. This investment entitles you to training, assistance and support from Mr Arkwright's Tool Emporium.
Lastly, have a look at Mac Tools, another interesting Retail franchise that launched in 2011. The brand's network is made up of 170 franchisees, which enhance its visibility. 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 open a Mac Tools business is £5,000. 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. Training and assistance provided by Mac Tools will help you take your business in the right direction. And, if eligible, you might be entitled to financial assistance. See our website for details.
Many businesses are already operating in the Retail industry. We currently have 61 franchise options available in the sector. With 238 franchising opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
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