Retail & Stores Franchise opportunities to start in York
York and its prospects for new Businesses
York, located in Yorkshire and the Humber, offers a variety of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the York area. We offer a range of realistic new business investment opportunities, so that you can find one you like.
York has a population of approximately 210,000 people. When broken down by age group, the 20-39 age range is the most prevalent in the population. The local unemployment rate of 2.6% is very low compared to the national average of 4%. The local labour force consists of 109,700 people, making up 81.3% of the population. The average gross income in the UK is £30,629. Residents of York earn £31,148 a year on average.
Why Retail businesses appeal to franchisees
Are you interested in the Retail industry? You're likely to find a franchise worth considering among 61 brands in the United Kingdom. Could your ideal business be among our three Fashion franchises, two Greeting Card franchises, three Toy Store franchises, three Craft franchises and two Cosmetic franchises? Have a look to find out.
Three franchises that could interest you
If you would like to invest in a Retail business, you could consider Mr Arkwright's Tool Emporium. This tool shop franchise provides comprehensive training and support to help you build a successful business of your own.
Another option worth considering is Mac Tools, a brand that has been in business since 2011. The brand benefits from a well-established network and good exposure, operating in 170 franchise outlets. You will need to invest £50,000 to open your own Mac Tools business. At least £5,000 of this reasonable amount should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. If you are unsure about starting your own business, taking on an established franchise could be the answer. Mac Tools provides full training and support, ensuring that its franchisees are well-equipped to succeed. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See our website for more information.
Finally, another interesting franchise option is Ecigwizard, which was first established in 2011. By joining its 45 franchises already in operation, you could contribute to this company's rapid expansion. You will need an initial investment of £60,000 to start your own Ecigwizard business. Your personal investment should account for at least £40,000 of the total amount. You may want to consider getting a loan to open a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You may feel more secure in starting an Ecigwizard franchise knowing that franchisees can benefit from full training, assistance and support.
There are currently 61 new business investment opportunities available in the Retail industry. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
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