Retail & Stores Franchise opportunities to start in Rochdale

Investing in a franchise in Rochdale

Have you ever considered opening a franchise in Rochdale? This could be your opportunity to run your own business while receiving comprehensive training and marketing support, since many brands in the Rochdale area are currently recruiting franchisees. If you already know which line of work you'd like to pursue, explore our franchise opportunities in that sector. If not, have a look and see what other options catch your eye. We have businesses to suit all kinds of interests and career objectives.

Recent figures show that Rochdale has a population of 220,000 residents. When broken down by age range, the majority of the population falls within the 20-39 category. The 6.3% unemployment rate among the 99,600 economically active people in the area is slightly higher than the UK average. The annual salary in the United Kingdom is just over £30,500 on average. The people of Rochdale earn an average annual salary of £25,682, slightly lower than the country's average.

Investment options in the Retail industry

There are currently 61 opportunities to invest in the Retail industry. If you would like to operate a business in this field, keep reading. There are three Toy Store franchises, four Printing franchises, three Fashion franchises, three Craft franchises and two Cosmetic franchises offering franchising opportunities. You'll find options to suit many different career goals and aspirations. It may interest you to know that companies in the Rochdale area currently employ 9,000 people in the Retail industry.

Three franchises that could interest you

There are many interesting franchising possibilities in the Retail industry. Take The London Vape Company for example, a brand that was first established in 2014. The brand is growing quickly, with five outlets already in operation, and a desire to expand further. Starting a London Vape Company business requires an initial investment of £60,000. At least £30,000 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. You will also need to invest in a small premises to operate this business.

Another option to consider is Noa Noa. There are 90 locations open so far, and the network is expanding. Eligible candidates may apply for financial aid.

Finally, Minuteman Press is an interesting franchise option in the Retail industry. The brand's network is significant, counting 975 outlets across the country. A reasonable initial investment of £50,000 will enable you to start your own Minuteman Press business. In most cases, your personal investment should represent 30 to 50% of the total amount. Minuteman Press requires you to personally invest at least £25,000. You could potentially apply for a loan to cover the remaining costs. These low startup costs make this a good franchising option for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial assistance. Visit our website for more information.

There are 61 franchises waiting to be discovered in the Retail industry. If you are still not sure which sector best suits your needs, have a look through our selection of almost 250 new business investment opportunities across various sectors on Point Franchise.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.