Retail & Stores Franchise opportunities to start in Chorley
Chorley is an attractive town to invest in
If you're thinking about running your own business in Chorley, located in the North West of England, you should look at franchising options. Several brands are currently recruiting in the Chorley area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. Starting a business should be exciting! Explore our range of franchising opportunities, focusing on the sectors that you feel most passionate about.
A recent census found that 117,000 people live in Chorley. The 40-59 age group has the highest concentration in the population. Chorley has an average annual income of £28,045. This salary is slightly lower than the rest of the United Kingdom, which has an average salary of close to £31,000.
Why choose to open a franchise in the Retail industry?
Are you interested in the Retail industry? If so, there are 61 available franchises to choose from across the United Kingdom. There are currently three Fashion franchises, three Toy Store franchises, four Tool franchises, two Greeting Card franchises and four Printing franchises recruiting franchisees. Have a look to find out whether any fit your career goals and aspirations. The Retail industry provides work for many people. In Chorley, businesses currently employ 4,500 people in the industry.
Read about these three brands to see what franchise options exist
If you'd like to open your own Retail business, Signorini TARTUFI might be a great option for you. This brand is growing, counting 31 locations in the UK. You will need an initial investment of £90,000 to start your own Signorini TARTUFI business. Your personal investment should account for at least £30,000 of the total amount. You may want to consider getting a loan to open a business in this sector. Due to the higher startup costs, this option is not recommended for first-time franchisees. A small premises will also be required to operate this business. Also, if you can't afford the startup costs alone, you may be entitled to financial assistance. See our website for more information.
Another option to consider is Cash Generator, a brand that first opened in 1997. Cash Generator has acquired valuable experience in the sector in its 23 years since first opening. By joining its network of 700 franchisees, you would become a part of a well-established business community. You will need to invest £240,000 to start your own Cash Generator business. At least £80,000 of this significant amount should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
As a final example, take a look at Snap-on. To start your business, you will need an initial investment of £110,143. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Snap-on, the minimum personal investment is £24,143. These relatively low startup costs make it a good option to pursue for first-time franchisees.
There are currently 61 new business investment opportunities available in the Retail industry. If you're still torn between different sectors, no problem! Point Franchise offers 236 franchising opportunities across many different sectors. Enjoy exploring your options.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.