Retail & Stores Franchise opportunities to start in Coventry

Coventry could be home to your new business

Discover the business opportunities waiting for you in Coventry, situated in the West Midlands. On this page you'll find a selection of brands that could make you a franchisee in the Coventry area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. There are a number of new business investment options available based on your budget and career objectives. Have a browse to find the brand that appeals to you most.

The population of Coventry is made up of 367,000 people. The 20-39 age group makes up the majority of the population. The 5.4% unemployment rate among the 189,500 economically active people in the area is slightly higher than the UK average. In the UK, the average gross salary is close to £31,000; in the Coventry area, it is £27,799.

Why the Retail industry might be a good option for you

If the idea of running a business in the Retail industry appeals to you, check out the 61 brands currently recruiting franchisees in the sector. Have a look through our four Sweet Shop franchises, two Music Shop franchises, four Tool franchises, four Printing franchises and two Greeting Card franchises to see if any suit your career goals and aspirations.

Read about these three brands to see what franchise opportunities exist

The Retail industry offers a range of brands to choose from, including The Original Poster Company. Launched in 1991, the company is now mature and a leader within the sector, having expanded its franchise community for 29 years. There are 70 outlets open so far, and the network is expanding. Also, if you can't cover the startup costs alone, you may be entitled to financial assistance.

Tubz Vending is another successful business operating in the Retail industry. The brand operates in 300 franchise locations which make up a well-established business network. You will need an initial investment of £3,295 to start your own Tubz Vending business. These low startup costs make this a good franchising option for first-time franchisees. A small premises will also be required to operate this business. Financial support is available for eligible franchisees. See our website for details.

Finally, Snap-on is another interesting franchising opportunity if you plan to invest in the Retail industry. In order to open a Snap-on business, a significant initial investment of £110,143 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Snap-on requires a personal investment of at least £24,143. Given these low startup costs, this option could be suitable for first-time franchisees.

Many businesses are already operating in the Retail industry. We currently have 61 franchise options available in the sector. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.

This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.