Retail & Stores Franchise opportunities to start in Northwich
Is Northwich a good place to be a franchisee?
If you'd like to run your own business but don't know where to start, a franchise might just be the answer. Northwich, situated in South East England, could be a good place to start as there are many businesses currently recruiting franchisees in the Gravesham area. To begin, look for the line of work that interests you the most. This is a quick way to find the franchise best suited to you.
Approximately 106,000 people currently live in Gravesham. The most represented age range is 40-59 years old. The local labour force consists of 57,200 people, or 86.4% of the total population. With an unemployment rate of 6.7%, recent data indicates that employment in this area is slightly higher than in the rest of the UK. Residents of Gravesham have an annual average salary of £31,582. In comparison, the average gross income in the UK is £30,629.
Why the Retail industry appeals to franchisees
In the United Kingdom, you will find 61 franchises recruiting in the Retail industry. This sector offers a number of interesting options, including three Fashion franchises, four Printing franchises, four Sweet Shop franchises, two Greeting Card franchises and three Craft franchises. See if any catch your eye. If you are considering joining the Retail industry, you may be interested to know that 3,500 people have already made the decision to work in this industry in the Gravesham area.
Check out three available franchise opportunities
If you'd like to open your own Retail business, Cash Generator could be a great option for you. In operation since 1997, the brand is now mature and a leader within the sector, having grown its franchise community for 23 years. The brand operates in 700 franchise locations which make up a strong business network. Starting a Cash Generator franchise will require you to invest a minimum of £240,000. At least £80,000 of this 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.
The London Vape Company, open since 2014, is another interesting option. By joining its five franchises already in operation, you could contribute to this company's rapid expansion. You will need to invest £60,000 to start your own London Vape Company business. At least £30,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Finally, another option worth considering is Ecigwizard, a company that opened in 2011. This brand is developing quickly, counting 45 locations across the country. This business opportunity requires an initial investment of £60,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Ecigwizard asks for a minimum personal investment of £40,000. It is thus less appropriate for new investors. If eligible, you might be entitled to financial assistance. See our website for details.
The Retail industry currently offers 61 investment options. If you're curious about investment options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.