Retail & Stores Franchise opportunities to start in Walsall
What to know before starting a business in Walsall
Walsall, located in the West Midlands, offers a variety of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising options here. You might just find the right brand for starting your own business in the Walsall area. To begin, look for the line of work that interests you the most. This is a quick way to find the franchise best suited to you.
Approximately 283,000 people currently live in Walsall. Residents in the 0-19 age group make up the largest portion of the population. Unemployment affects 4% of the UK population. With a rate of 6.7%, unemployment in this area is slightly higher than the national average. The economically active population amounts to 130,000 people, representing 75.7% of the population. Walsall has an average annual income of £24,014. This salary is lower than the rest of the United Kingdom, which has an average salary of close to £31,000.
The Retail industry: An interesting opportunity for franchisees
If the idea of running a business in the Retail industry appeals to you, take a look at the 61 brands currently recruiting franchisees in the field. Available brands include three Fashion franchises, two Music Shop franchises, four Tool franchises, three Craft franchises and three Toy Store franchises. You are likely to find a brand that fits your career goals and aspirations among our numerous investment possibilities.
Want to know more? Read about these three brands
Minuteman Press operates in the Retail industry. The brand benefits from a well-established network and good exposure, running in 975 franchise locations. This business requires an affordable initial investment of £50,000. 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 open a Minuteman Press business is £25,000. These low startup costs make it a good option to pursue for first-time franchisees. Financial support is available for eligible franchisees.
Noa Noa is an interesting franchising opportunity in the Retail industry. This brand is growing, counting 90 outlets in the UK. Also, if you can't afford the startup costs alone, you may be entitled to financial aid.
Finally, have a look at Signorini TARTUFI, another attractive Retail franchise. By joining its 31 franchises already in operation, you could contribute to this company's expansion. You will need an initial investment of £90,000 to start your own Signorini TARTUFI business. Your personal investment should account for at least £30,000 of the total amount. You may want to consider getting a loan to open a business in this sector. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance. Visit our website for more information.
There are currently 61 franchising opportunities available in the Retail industry. At Point Franchise, we have almost 250 new business investment opportunities available, giving you plenty to choose from in other sectors too.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.