Retail & Stores Franchise opportunities to start in Redcar
Investing in Redcar could be your next move
Discover the business options waiting for you in Redcar, situated in the North East of England. On this page you'll find a range of brands that could make you a franchisee in the Redcar and Cleveland area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. To begin, look for the line of work that appeals to you the most. This is a quick way to find the brand best suited to you.
There are approximately 137,000 people currently living in Redcar and Cleveland. The most prevalent age group in the population is over 60 years old. Unemployment affects 4% of the UK population. With a rate of 5.5%, unemployment in this area is slightly higher than the national average. The labour force amounts to 57,500 people, representing 71.4% of the population. Redcar and Cleveland has an average annual income of £23,062, which is lower than the national average salary of £30,629.
Have you considered the Retail industry?
There are 61 brands offering franchise opportunities in the Retail industry. Available franchises include four Printing franchises, two Music Shop franchises, four Tool franchises, three Fashion franchises and three Craft franchises. The perfect business to suit your career goals and aspirations might just be among them. If you're interested in the Retail industry, you're not alone. In Redcar and Cleveland, 5,000 people currently work in the industry.
Check out three available franchise opportunities
Zip Yard is a competitive business operating in the Retail industry. Financial support is available for eligible franchisees.
Another interesting franchise option is Tubz Vending. The brand operates in 300 franchise locations which make up a well-established business community. An initial investment of £3,295 will allow you to start your own Tubz Vending business. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Financial assistance can be provided in some circumstances. See our website for more information.
The Retail industry has many brands worth considering. As a final example, have a look at Cash Converters. Initially established in 1984, Cash Converters, now a leader in the sector, has gained 36 years of experience since first opening. The brand's network is significant, counting 200 locations across the UK. In order to open a Cash Converters business, a substantial initial investment of £100,000 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. Cash Converters requires a personal investment of at least £39,000. It is thus less appropriate for new investors.
Eager to read more about business opportunities in the Retail industry? Check out our 61 available options. If you're still torn between different sectors, no problem! Point Franchise offers 236 franchising opportunities across a variety of sectors. Enjoy exploring your options.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.