Retail & Stores Franchise opportunities to start in Stourbridge
Investing in Stourbridge could be your next move
If you want to start a business in Stourbridge, working for yourself but not on your own, then check out our franchising opportunities in the West Midlands. On this page, you will find a range of brands to choose from for becoming a franchisee in the Dudley area and across the United Kingdom. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career goals.
There are 321,000 people living in the Dudley area. When broken down by age group, the majority of the population falls within the 40-59 category. Dudley has an unemployment rate of 4.7% within its labour force of 145,500 people. This rate is high compared to the national average. With an average gross annual income of £28,043, salaries in Dudley are slightly lower than the average income of close to £31,000 across the United Kingdom.
Franchising options in the Retail industry
If you're considering becoming a franchisee in the Retail industry, check out our 61 franchise opportunities currently available in the field. Available brands include two Cosmetic franchises, three Craft franchises, three Fashion franchises, four Sweet Shop franchises and three E Cigarette franchises. You are likely to find a brand that fits your career goals and aspirations among our numerous investment possibilities.
Three franchise business examples worth looking at
If you would like to invest in the Retail industry, Minuteman Press could be a good option. The brand operates in 975 franchise locations which make up a well-established business network. Opening a Minuteman Press business requires an affordable initial investment of £50,000. If you plan on getting a loan to cover the startup costs, Minuteman Press asks for a personal investment of at least £25,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Financial assistance is available for eligible franchisees.
Have a look at The Original Poster Company. Launched in 1991, The Original Poster Company now has over 29 years of experience under its belt. By joining its 70 franchises already in operation, you could contribute to this company's expansion. When investing in this franchise, you could be eligible for financial aid. See our website for more information.
The Retail industry has many brands worth considering. As a final example, take a look at Cash Converters. First established in 1984, Cash Converters has gained many dedicated customers over the past 36 years. The brand's network is vast, counting 200 locations across the UK. To start your business, you will need an initial investment of £100,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Cash Converters, the minimum personal investment is £39,000. Due to the higher startup costs, this option is not advisable for first-time franchisees.
There are currently 61 franchising opportunities available in the Retail industry. With close to 250 new business investment opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.