Retail & Stores Franchise opportunities to start in West Bridgford
Is West Bridgford a good place to be a franchisee?
If you want to start a business in West Bridgford, working for yourself but not on your own, then check out our franchising options in the East Midlands. On this page, you will find a range of brands to choose from for becoming a franchisee in the Rushcliffe area and across the UK. To start off with, look for the line of work that interests you the most. This is a quick way to find the brand best suited to you.
The population of Rushcliffe is made up of 118,000 residents. The most represented age group is 40-59 years of age. The region has a 2.6% unemployment rate, which is significantly lower than the national average of 4%. Overall, the region's economically active population consists of 57,700 people or 83.3% of the total population. The region's average gross annual income of £37,873 is significantly higher than the average income of £30,629 across the UK.
What the Retail industry could offer you
There are currently 61 opportunities to invest in the Retail industry. If you would like to operate a business in this field, keep reading. You can pick an investment opportunity from two Cosmetic franchises, three E Cigarette franchises, two Music Shop franchises, two Greeting Card franchises and four Sweet Shop franchises. Let our selection of brands be your guide to starting your next exciting business venture. If you are thinking about opening a business in Retail, Rushcliffe could be a good place to do it. Indeed, 3,000 people have already made the decision to work in this sector in the Rushcliffe area.
Three brands worth your attention
If you'd like to run your own Retail business, Zip Yard might be a great option for you. Also, if you can't cover the startup costs alone, you may be entitled to financial assistance.
Another option to consider is Mac Tools, a brand that first began operating in 2011. The brand's network is made up of 170 franchisees, which increase its visibility. In order to open a Mac Tools business, a reasonable initial investment of £50,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Mac Tools asks for a personal investment of at least £5,000. These low startup costs make this a good franchising option for first-time franchisees.
Lastly, another option worth considering is The London Vape Company, a company that launched in 2014. By joining its five franchises already in operation, you could contribute to this company's rapid expansion. This business requires an initial investment of £60,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a London Vape Company business is £30,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. Eligible candidates may apply for financial aid. Visit our website for details.
If working in the Retail industry appeals to you, check out our 61 available franchising opportunities in the sector. On Point Franchise, there is plenty of choice in other sectors as well. We have close to 250 new business investment opportunities in total to choose from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.