Retail & Stores Franchise opportunities to start in Bromsgrove
Bromsgrove is an attractive town to invest in
If you're interested in running your own business in Bromsgrove, located in the West Midlands, you should look at franchising options. Several companies are currently recruiting in the Bromsgrove area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to find out if this could be for you. To begin, look for the line of work that interests you the most. This is a quick way to find the brand best suited to you.
Recent figures show that Bromsgrove has a population of 99,000 residents. The majority of the population falls within the 60+ age range. Approximately 48,100 people are economically active in the region, representing 83.9% of the population. The unemployment rate (4.4%) is high compared to the national average (4%). The annual income in the UK is just over £30,500 on average. The people of Bromsgrove earn an average annual salary of £33,414, higher than the country's average.
Investment options in the Retail industry
If you want to manage your own business in the Retail industry, the good news is that there are 61 franchises currently recruiting new franchisees across the country. Available brands include two Music Shop franchises, four Sweet Shop franchises, three E Cigarette franchises, four Printing franchises and two Greeting Card franchises. You are likely to find a business that fits your career goals and aspirations among our multiple investment opportunities.
Eager to know more? Here are three franchise business examples
Tubz Vending is a competitive franchise operating in the Retail industry. The brand's network is vast, counting 300 locations in the United Kingdom. An initial investment of £3,295 will allow you to open your own Tubz Vending business. These relatively low startup costs make it a good option to pursue for first-time franchisees. A small premises will also be required to operate this business. You may qualify for financial assistance.
Noa Noa is another attractive brand operating in the Retail industry. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Finally, another option to consider is Mac Tools, a brand that first began operating in 2011. The brand operates in 170 franchise locations which make up a strong business community. In order to open a Mac Tools business, an affordable initial investment of £50,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Mac Tools requires a personal investment of at least £5,000. Given these low startup costs, this option could be suitable for first-time franchisees.
Eager to read more about business opportunities in the Retail industry? Check out our 61 available options. If this sector doesn't suit your needs, don't worry. Point Franchise offers almost 250 franchise options across a variety of sectors to help you find your perfect business opportunity.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.