Retail & Stores Franchise opportunities to start in Rotherham
Investing in a franchise in Rotherham
Would you like to start a business in Rotherham, located in Yorkshire and the Humber? Would you like to work for yourself but not on your own? If so, have a look at our franchising opportunities. On this page, you'll find several brands offering the training and support you need to run your own business in the Rotherham area. Explore our various franchising options to find the sectors and brands that most appeal to you.
There are 265,000 people living in the Rotherham area. Residents aged 40 to 59 years old make up the prevalent age range within the population. Unemployment in the area (6%) is high compared to the United Kingdom as a whole (4%). The labour force represents 75.6% of the local population, or 121,500 people. In the UK, the average gross income is close to £31,000; in the Rotherham area, it is £25,222.
The Retail industry could be the right choice for you
There are 61 franchises in the Retail industry to choose from. Could your ideal business be among our three Craft franchises, four Tool franchises, two Cosmetic franchises, two Music Shop franchises and three E Cigarette franchises? Have a look to find out. Interesting fact: companies in Retail employ 9,000 people in the Rotherham area. This could be your opportunity to open a successful business of your own!
Three brands worth your attention
Cash Generator is an interesting business operating in the Retail industry. In business since 1997, Cash Generator has proved itself to be a successful business and leader in the field in its 23 years since opening. To start your own Cash Generator franchise, you will need to invest £240,000, of which at least £80,000 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.
Ecigwizard, open since 2011, is another interesting option. By joining its 45 franchises already in operation, you could contribute to this company's rapid expansion. An initial investment of £60,000 will enable you to open your own Ecigwizard business. In most cases, your personal investment should represent 30 to 50% of the total amount. Ecigwizard requires you to personally invest at least £40,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. If eligible, you might be entitled to financial assistance.
Lastly, another option to consider is The London Vape Company, a brand that first began operating in 2014. This brand is growing quickly, counting five locations across the United Kingdom. You will need an initial investment of £60,000 to start your own London Vape Company business. Your personal investment should account for at least £30,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. By investing in this franchise, you may qualify for financial support. Visit our website for details.
The Retail industry currently offers 61 new business investment opportunities. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of close to 250 franchising possibilities.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.