Retail & Stores Franchise opportunities to start in Liverpool
What to know before starting a franchise in Liverpool
Located in North West England, Liverpool is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising options in Liverpool and take the first step towards running your own business. We offer a variety of realistic new business investment possibilities, so that you can find one you like.
There are an estimated 495,000 people living in the Liverpool area. Residents aged 20 to 39 years old make up the majority of the population. Liverpool has an unemployment rate of 4.7% within its labour force of 235,800 people. This rate is high compared to the national average. Salaries in Liverpool average £26,687 a year, while in the UK the average salary is £30,629.
Running a Retail franchise business
There are 61 franchises in the Retail industry to choose from. Among the business opportunities in this sector, there are two Greeting Card franchises, three Fashion franchises, four Sweet Shop franchises, two Music Shop franchises and two Cosmetic franchises. There might be one worth considering among them. It may interest you to know that companies in the Liverpool area currently employ 26,000 people in the Retail industry.
Three franchise business examples
If you're interested in the Retail industry, check out Cash Converters. By joining its network of 200 franchisees, you would become a part of a well-established business community. It has been operating since 1984. Cash Converters has grown a dedicated following since opening 36 years ago. In order to open a Cash Converters business, a substantial initial investment of £100,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Cash Converters asks for a personal investment of at least £39,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
The Original Poster Company is an interesting investment opportunity in the Retail industry. First launched in 1991, The Original Poster Company has proved itself to be a successful business and leader in the field in its 29 years since opening. The brand is growing, with 70 locations currently in operation, and a desire to expand further. An investment in this franchise entitles you to financial aid, if eligible.
Lastly, Zip Yard is another interesting brand operating in the Retail industry. Eligible candidates may apply for financial assistance. Visit our website for more information.
There are 61 franchises waiting to be discovered in the Retail industry. You will find a total of almost 250 franchise opportunities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.