Retail & Stores Franchise opportunities to start in Tamworth
Tamworth and its prospects for new Businesses
Tamworth, located in the West Midlands, offers a variety of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising opportunities here. You might just find the right brand for starting your own business in the Tamworth area. If you already know which line of work you'd like to pursue, look into our franchise opportunities in that sector. If not, have a browse and see what other options catch your eye. We have brands to suit all kinds of interests and career goals.
The Tamworth region has 77,000 residents. The 40-59 age range is the most represented within the population. The region has a 5.3% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's economically active population consists of 40,600 people or 86.8% of the total population. Salaries in Tamworth average £26,343 a year, while in the UK the average income is just over £30,500.
Could the Retail industry be the right choice for you?
If you wish to run a Retail franchise, you are likely to find one that appeals to you among 61 available across the UK. Available brands include four Sweet Shop franchises, two Greeting Card franchises, two Cosmetic franchises, two Music Shop franchises and four Printing franchises. You are likely to find a business that fits your career goals and aspirations among our numerous investment possibilities. If you want to work in the Retail industry, it may interest you to know that, in the Tamworth area, 4,000 people currently work in the industry.
Eager to know more? Here are three franchise business examples
If you'd like to open your own Retail business, Snap-on might be a great option for you. Starting a Snap-on franchise will require you to invest a minimum of £110,143. At least £24,143 of this should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees.
Another option worth considering is Noa Noa. By joining its network of 90 franchisees, you could play a part in this brand's success. Also, if you can't afford the startup costs alone, you may be able to benefit from financial assistance.
Lastly, you could also have a look at Tubz Vending. The brand's network is important, counting 300 locations in the United Kingdom. To open your own Tubz Vending business, you will need an initial investment of £3,295. 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. A small premises will also be required to operate this business. Financial support is available for eligible franchisees. See eligibility details on our website.
There are 61 franchises waiting to be discovered in the Retail industry. Point Franchise currently has a total of 236 brands recruiting franchisees across a range of sectors. Have a browse to see which other sectors you might want to invest in.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.