Retail & Stores Franchise opportunities to start in Urmston

Urmston and its prospects for new Businesses

Would you like to start a business in Urmston, located in North West England? Would you like to work for yourself but not on your own? If so, have a look at our franchising opportunities. On this page, you'll find several companies offering the training and support you need to run your own business in the Trafford area. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.

An estimated 236,000 people currently live in Trafford. Residents aged 40 to 59 years old have the highest concentration in the population. The labour force constitutes 82.4% of the population, or approximately 120,100 people. The area has an unemployment rate of 4.5% which is slightly higher than the national average of 4%. Residents of Trafford have an annual average salary of £35,667. In comparison, the average gross income in the UK is close to £31,000.

What the Retail industry could offer you

Across the UK, there are currently 61 opportunities to run your own franchise in the Retail industry. Available brands include two Cosmetic franchises, two Greeting Card franchises, three E Cigarette franchises, four Sweet Shop franchises and three Craft franchises. You are likely to find a brand that fits your career goals and aspirations among our numerous investment possibilities.

Three franchises that might interest you

The Retail industry has many franchise opportunities available, such as The London Vape Company, which has been in business since 2014. There are five location open so far, and the network is expanding rapidly. You will need to invest £60,000 to open 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 advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. An investment in this franchise entitles you to financial aid, if eligible.

Another interesting investment opportunity is Cash Generator, which launched in 1997. Cash Generator has proved itself to be a successful business and leader in the field in its 23 years since opening. The brand's network is vast, counting 700 outlets across the United Kingdom. To start your business, you will need an initial investment of £240,000. If you plan on getting 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 Cash Generator, the minimum personal investment is £80,000. It is thus less appropriate for new investors.

Finally, another option to consider is Ecigwizard. The company first began operating in 2011. This brand is developing quickly, counting 45 franchise in the UK. An initial investment of £60,000 will enable you to open your own Ecigwizard business. In most cases, your personal investment should represent 30 to 50% of the total amount. Ecigwizard requires you to personally invest at least £40,000. You could potentially apply for a loan to cover the remaining costs. It is thus less appropriate for new investors. If you can't afford the startup costs on your own, you may be eligible for financial assistance. See our website for details.

If you would like to check out more new business investment options in the Retail industry, we currently have 61 available opportunities. At Point Franchise, we are proud to offer almost 250 franchise options across many sectors, helping you find the perfect business opportunities for you.

This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.