Retail & Stores Franchise opportunities to start in Chadderton
Investing in Chadderton could be your next move
Chadderton, located in the North West of England, has many opportunities for people looking to open their own business. There are several brands currently recruiting franchisees in the Oldham area. This could mean working for yourself while receiving the comprehensive support of an established brand. If you already know which line of work you'd like to pursue, check out our franchise opportunities in that sector. If not, look around and see what other options catch your eye. We have businesses to suit many different interests and career goals.
According to recent census data, there are 236,000 people living in Oldham. The most prevalent age group in the population falls within the 0-19 age bracket. The local labour force consists of 105,000 people, or 73.2% of the total population. With an unemployment rate of 3.6%, recent data shows that employment in this area is lower than in the rest of the UK. Across the United Kingdom, the average gross income is close to £31,000. In the Oldham area, it amounts to £23,879.
Investment options in the Retail industry
If you want to run your own business in the Retail industry, the good news is that there are 61 franchises currently recruiting new franchisees across the country. There are two Music Shop franchises, two Greeting Card franchises, three E Cigarette franchises, three Fashion franchises and three Craft franchises offering franchising opportunities. You'll find opportunities to suit all kinds of career objectives and aspirations. Interesting fact: companies in Retail employ 9,000 people in the Oldham area. This could be your opportunity to start a successful business of your own!
Have a look at three franchise business examples
Snap-on could be a great choice for you if you're planning to invest in the Retail industry. You will need to invest £110,143 to start operating your own Snap-on business, which is a significant initial investment. Your personal investment should account for at least £24,143 of the total amount. These low startup costs make it a good option to pursue for first-time franchisees.
You could also consider Zip Yard. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Lastly, another brand worth considering is Noa Noa. The brand is expanding, with 90 locations already in operation, and a desire to expand further. An investment in this franchise entitles you to financial aid, if eligible. See eligibility details on our website.
If you are thinking about running a franchise business in the Retail industry, you might be interested to explore our 61 available brands. On Point Franchise, there is plenty of choice in other sectors too. We have 236 franchising opportunities in total to choose from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.