Retail & Stores Franchise opportunities to start in Romiley
Investing in a franchise in Romiley
You could start your own business by becoming a franchisee in Romiley. Stockport, located in the North West of England, offers a variety of new business investment opportunities. On this page, you'll find a range of companies looking for franchisees. Check out our different franchising options to find the sectors and brands that most appeal to you.
A recent census found that 292,000 people live in Stockport. Residents aged 40 to 59 years old have the highest concentration in the population. In terms of employment, the region has a labour force of 141,600 people (80.6%), of which the unemployment rate is 4.8%. This figure is slightly higher than the average unemployment rate across the country. The average annual income across the United Kingdom is £30,629. With a gross salary averaging £31,553, residents of Stockport have a slightly higher salary than the national average.
The Retail industry: An interesting opportunity for franchisees
If you're considering becoming a franchisee in the Retail industry, take a look at our 61 franchise opportunities currently available in the field. Available brands include three E Cigarette franchises, two Cosmetic franchises, two Greeting Card franchises, four Tool franchises and three Fashion 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
There are many interesting franchising opportunities in the Retail industry. Take Mac Tools for example, a business that was first established in 2011. The brand's network is vast, counting 170 outlets across the country. A total of £50,000, an affordable initial investment, is required to open a Mac Tools franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £5,000 of the total investment should come from your personal funds. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you can't cover the startup costs on your own, you could find out if you qualify for financial aid.
Another interesting franchising opportunity is Cash Converters, which launched in 1984. Cash Converters is a recognized leader in the sector, with 36 years of experience under its belt the brand benefits from a well-established network and good visibility, operating in 200 franchise locations. To open your own Cash Converters franchise, you will need to invest £100,000, of which at least £39,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. It is thus less appropriate for new investors.
Lastly, another option worth considering is Ecigwizard, a brand that was first established in 2011. There are 45 locations open so far, and the network is expanding rapidly. You will need an initial investment of £60,000 to start your own Ecigwizard business. Your personal investment should account for at least £40,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Financial assistance can be provided in some circumstances. Visit our website for more information.
If you are thinking about running a franchise business in the Retail industry, you might be interested to have a look at our 61 available brands. If you're interested in exploring investment options in other sectors, we've got a total of 236 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.
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