Retail & Stores Franchise opportunities to start in Stockport
Stockport and its prospects for new Businesses
Stockport, located in North West England, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Stockport area. If you already know which line of work you'd like to pursue, check out our franchise opportunities in that sector. If not, have a look and see what other options catch your eye. We have brands to suit many different interests and career goals.
Recent figures show that 292,000 people live in Stockport. The 40-59 age range makes up the majority of the population. Approximately 141,600 people are economically active in the region, representing 80.6% of the population. The unemployment rate (4.8%) is high compared to the national average (4%). Across the United Kingdom, the average gross income is £30,629. In the Stockport area, it amounts to £31,553.
Have you considered the Retail industry?
There are 61 UK-based franchises available in the Retail industry. Available brands include two Greeting Card franchises, four Printing franchises, three Craft franchises, three Toy Store franchises and three Fashion franchises. You are likely to find a business that fits your career goals and aspirations among our multiple investment possibilities.
Take a look at these three business examples
The Retail industry offers a variety of brands to choose from, including Cash Generator. Launched in 1997, the brand has acquired valuable experience and expertise over the past 23 years. The brand operates in 700 franchise locations which make up a strong business community. To start your business, you will need an initial investment of £240,000. 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 usually be required. For Cash Generator, the minimum personal investment is £80,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Another interesting franchising opportunity is The London Vape Company, which was first established in 2014. By joining its network of five franchisees, you could play a part in this up-and-coming brand's success. An initial investment of £60,000 will enable you to start your own London Vape Company business. In most cases, your personal investment should represent 30 to 50% of the total amount. The London Vape Company requires you to personally invest at least £30,000. You could potentially apply for a loan to cover the remaining costs. It is thus less appropriate for new investors. 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.
Finally, you could also consider Zip Yard. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance. Visit our website for details.
There are currently 61 franchising opportunities available in the Retail industry. You will find a total of almost 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.