Retail & Stores Franchise opportunities to start in Derby
What can Derby offer to new businesses?
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Take a look at our range of brands in Derby, located in the Derby area in the East Midlands, where many companies are currently recruiting. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and business goals.
Recent figures show that 257,000 people live in Derby. The majority of the population falls within the 20-39 age category. Unemployment in the area (4.2%) is comparable to the United Kingdom as a whole (4%). The labour force represents 77.4% of the local population, or 124,600 people. Across the UK, the average gross income is £30,629. In the Derby area, it is £29,895.
Running a franchise in the Retail industry
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. Among the business opportunities in this field, you will find three Fashion franchises, two Cosmetic franchises, two Greeting Card franchises, four Tool franchises and four Printing franchises. The perfect business to suit your career goals and aspirations might just be among them.
Read about these three brands to see what franchise opportunities exist
If you are interested in running a business in the Retail industry, read about Minuteman Press. The brand benefits from a strong network and good exposure, operating in 975 franchise locations. This business opportunity requires an affordable initial investment of £50,000. 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. Minuteman Press requires a minimum personal investment of £25,000. 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. Financial support is available for eligible franchisees.
Signorini TARTUFI is another interesting franchising opportunity if you plan to invest in the Retail industry. The brand is growing, with 31 outlets already in operation, and a desire to expand further. In order to start a Signorini TARTUFI business, a significant initial investment of £90,000 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. Signorini TARTUFI asks for a personal investment of at least £30,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A small premises will also be required to operate this business.
Finally, if the Retail industry appeals to you, Zip Yard is another option you could have a look at. If you can't cover the startup costs on your own, you could find out if you qualify for financial assistance. Visit our website for details.
The Retail industry has many successful franchise businesses. We currently have 61 options available in this sector. If you're interested in exploring investment options in other sectors, we've got a total of close to 250 franchising opportunities to choose from on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.