Retail & Stores Franchise opportunities to start in Burntwood
Why should you invest in Burntwood?
If you want to open your own business, you may find that Burntwood has a lot to offer. Many companies are currently recruiting franchisees in the Lichfield area. Read on to find out if running a franchise could be a good option for you! We offer a number of franchises to suit different budgets and career goals. Have a look at our selection of brands and sectors to see what might suit you.
According to recent census data, there are 104,000 people living in Lichfield. The 60+ age range has the highest concentration within the population. Residents of Lichfield have an annual average income of £33,360. In comparison, the average gross salary in the United Kingdom is £30,629.
The Retail industry: An interesting opportunity for franchisees
If you would like to operate a Retail franchise, you are likely to find one that interests you among 61 available across the United Kingdom. You will find a lot of interesting franchising options, including two Music Shop franchises, three Craft franchises, four Tool franchises, four Printing franchises and three Toy Store franchises. Have a look at the available brands to see if your perfect match is among them. If you're interested in the Retail industry, you're not alone. In Lichfield, 4,500 people currently work in the sector.
Want to know more? Read about these three brands
Noa Noa is an interesting franchise operating in the Retail industry. By joining its network of 90 franchisees, you could play a part in this brand's success. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Snap-on is an interesting franchising opportunity in the Retail industry. This business opportunity requires a substantial initial investment of £110,143. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Snap-on requires a minimum personal investment of £24,143. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you.
Lastly, another interesting investment opportunity is Signorini TARTUFI. There are 31 locations open so far, and the network is expanding. A substantial initial investment of £90,000 will enable you to start your own Signorini TARTUFI business. In most cases, your personal investment should represent 30 to 50% of the total amount. Signorini TARTUFI 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. Also, if you can't cover the startup costs alone, you may be entitled to financial assistance. See eligibility details on our website.
There are currently 61 new business investment opportunities available in the Retail industry. On Point Franchise, there is plenty of choice in other sectors too. We have close to 250 franchising opportunities in total to choose from.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.