Retail & Stores Franchise opportunities to start in Morley
Why should you invest in Morley?
Would you like to run your own business? Morley, located in North West England, could be a good place to start. There are many businesses currently recruiting franchisees in the Cheshire East area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. Have a look at our various franchising options to discover the sectors and brands that most appeal to you.
There are approximately 381,000 people currently living in Cheshire East. The majority of residents are aged over 60 years old. The 5% unemployment rate among 191,200 economically active people in the community is slightly higher than the national average. The area's average gross annual income of £33,812 is higher than the average income of close to £31,000 across the United Kingdom.
Why choose to work in the Retail industry?
Across the UK, there are currently 61 opportunities to open your own franchise in the Retail industry. This sector offers a number of interesting options, including four Printing franchises, three Toy Store franchises, three E Cigarette franchises, two Music Shop franchises and two Greeting Card franchises. See if any catch your eye.
Check out three available franchise opportunities
Cash Generator is a competitive business operating in the Retail industry. Initially established in 1997, the brand has acquired valuable experience and expertise over the past 23 years. To start your own Cash Generator franchise, you will need to invest £240,000, of which at least £80,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Another interesting investment opportunity is Ecigwizard, which launched in 2011. By joining its 45 franchises already in operation, you could contribute to this company's rapid expansion. An initial investment of £60,000 will enable you to start 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. By investing in this franchise, you may qualify for financial assistance. Visit our website for details.
Lastly, Snap-on is an interesting franchise option in the Retail industry. In order to start a Snap-on business, a significant initial investment of £110,143 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. Snap-on asks for a personal investment of at least £24,143. These low startup costs make this a good franchising option for first-time franchisees.
The Retail industry has many successful franchise businesses. We currently have 61 options available in this sector. With 236 new business investment opportunities to choose from across various sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.