Retail & Stores Franchise opportunities to start in Skelmersdale
What to consider when starting a business in Skelmersdale
Located in North West England, Skelmersdale is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising options in West Lancashire and take the first step towards running your own business. To start off with, look for the line of work that interests you the most. This is a quick way to find the brand best suited to you.
The population of West Lancashire is made up of 114,000 residents. When broken down by age range, the majority of the population falls within the 60+ category. The 3.3% unemployment rate among the 47,700 economically active people in the area is lower than the national average. The average annual salary across the UK is £30,629. With a gross income averaging £28,560, residents of West Lancashire have a slightly lower salary than the national average.
The Retail industry and its investment opportunities
If you wish to open a business in the Retail industry, take a look at our 61 franchises currently recruiting franchisees in the field. There are four Sweet Shop franchises, four Tool franchises, two Cosmetic franchises, two Greeting Card franchises and four Printing franchises offering franchising opportunities. You'll find opportunities to suit all kinds of career goals and aspirations. If you're interested in the Retail industry, you're not alone. In West Lancashire, 4,500 people currently work in the industry.
Here are three examples of franchise businesses
If you are interested in running a business in the Retail industry, read about Mac Tools, a company operating since 2011. The brand's network is made up of 170 franchisees, which enhance its exposure. Starting a Mac Tools business requires a reasonable initial investment of £50,000. If you intend to get a loan to cover the startup costs, Mac Tools asks for a personal investment of at least £5,000. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make it a good option to pursue for first-time franchisees. By investing in this established brand, you could be eligible for financial assistance.
Another option to consider is Ecigwizard, a brand that first began operating in 2011. There are 45 outlet open so far, and the network is expanding quickly. You will need to invest £60,000 to open your own Ecigwizard business. At least £40,000 of this should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Financial support is available for eligible franchisees.
Lastly, check out Noa Noa, another competitive Retail franchise. By joining its current 90 franchisee, you would become a part of a growing brand network. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid. Visit our website for more information.
The Retail industry has many successful franchise businesses. We currently have 61 options available in this sector. If you're interested in exploring investment options in other sectors, we've got a total of close to 250 franchising opportunities to choose from on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.