Retail & Stores Franchise opportunities to start in Altrincham
Investing in Altrincham could be your next move
Discover the business opportunities waiting for you in Altrincham, situated in the North West of England. On this page you'll find a range of brands that could make you a franchisee in the Trafford area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. To start off with, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
Recent figures show that 236,000 people live in Trafford. Residents aged 40 to 59 years old are the most represented within the population. In terms of employment, the area has an economically active population of 120,100 people (82.4%), of which the unemployment rate is 4.5%. This figure is slightly higher than the average unemployment rate in the UK. For the Trafford area, the average salary is £35,667, which is higher than the UK average income of just over £30,500.
Why open a business in the Retail industry?
Are you interested in the Retail industry? If so, there are 61 available brands to choose from in the UK. Could your ideal business be among our three Fashion franchises, two Music Shop franchises, four Tool franchises, four Printing franchises and two Greeting Card franchises? Have a look to find out.
Three brands worth your attention
There are many interesting franchising possibilities in the Retail industry. Take Mr Simms Olde Sweet Shoppe for example. This brand is developing, counting 75 locations across the country. This business requires a reasonable initial investment of £37,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Mr Simms Olde Sweet Shoppe business is £25,000. These low startup costs make this a good franchising option for first-time franchisees. You will also need to invest in a small premises to operate this business. Mr Simms Olde Sweet Shoppe also offers training and support to help you run your business successfully.
Another option to consider is Cash Generator, a brand that has been operating since 1997. Cash Generator now has over 23 years of experience under its belt. The brand's network is vast, counting 700 outlets in the United Kingdom. This business opportunity requires a substantial initial investment of £240,000. 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. Cash Generator requires a minimum personal investment of £80,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Comprehensive training and support are available when you choose to invest in this franchise.
Lastly, have a look at The London Vape Company, another interesting Retail franchise that launched in 2014. By joining its five franchises already in operation, you could contribute to this company's rapid expansion. A total of £60,000 is required to open a London Vape Company franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £30,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors. A small premises will also be required to operate this business. This investment entitles you to training, assistance and support from The London Vape Company.
If you are interested in the Retail industry and would like to discover more franchising options, check out the 61 brands available in this sector. Don't forget that we offer new business investment selections across many different sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of 238 franchising possibilities.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.