Retail & Stores Franchise opportunities to start in Kendal
Kendal is waiting for you to open a franchise business
Located in North West England, Kendal 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 opportunities in South Lakeland and take the first step towards running your own business. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and career goals.
A recent census found that 105,000 people live in South Lakeland. Residents aged over 60 years old make up the majority of the population. Unemployment in the area (2%) is very low compared to the United Kingdom as a whole (4%). The labour force represents 85.1% of the local population, or 49,000 people. Salaries in South Lakeland average £30,760 a year, while in the UK the average salary is close to £31,000.
Why Retail businesses appeal to franchisees
Across the UK, there are 61 franchises operating in the Retail industry. There are three Fashion franchises, four Tool franchises, three E Cigarette franchises, four Sweet Shop franchises and two Greeting Card franchises offering franchising opportunities. You'll find options to suit all kinds of career objectives and aspirations. If you are thinking about starting a business in Retail, South Lakeland could be a good place to do it. Indeed, 7,000 people have already made the decision to work in this sector in the South Lakeland area.
Three franchise business examples
If you're planning to invest in the Retail industry, take a look at Cash Generator, a brand that launched in 1997. Cash Generator now has over 23 years of experience under its belt. By joining its network of 700 franchisees, you would become a part of a strong business community. Starting a Cash Generator business requires a significant initial investment of £240,000. If you intend to get a loan to cover the startup costs, Cash Generator asks for a personal investment of at least £80,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not advisable for first-time franchisees.
The London Vape Company, open since 2014, is another interesting option. By joining its five franchises already in operation, you could contribute to this company's rapid expansion. Opening a London Vape Company franchise will require you to invest a minimum of £60,000. At least £30,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. By investing in this established brand, you could qualify for financial assistance.
Finally, another brand worth considering is The Original Poster Company. First launched in 1991, the company now has 29 years of experience, making it a leader in the field. This brand is developing, counting 70 locations in the UK. If you can't cover the startup costs on your own, you could find out if you qualify for financial aid. See eligibility details on our website.
If you would like to work in the Retail industry, the perfect investment opportunity could be waiting for you among our 61 available franchises in the sector. Whether you've already made the decision to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we offer a total of close to 250 franchising opportunities to help you find the right fit.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.