Retail & Stores Franchise opportunities to start in Willenhall
Willenhall: A great location to start a business
Discover the opportunities waiting for you in Willenhall, situated in the West Midlands. On this page you'll find a selection of brands recruiting franchisees in the Walsall area. Franchising is an opportunity to manage your own business, complete with training and marketing support. Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
Recent figures show that Walsall has a population of 283,000 residents. Residents aged 0 to 19 years old make up the majority of the population. Unemployment in the area (6.7%) is high compared to the UK as a whole (4%). The labour force represents 75.7% of the local population, or 130,000 people. The region's average gross annual income of £24,014 is lower than the average income of close to £31,000 across the UK.
The Retail industry could be the right choice for you
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. Have a look at our three E Cigarette franchises, four Tool franchises, three Craft franchises, three Toy Store franchises and two Music Shop franchises. Could one of these brands help you reach your career goals and aspirations?
Check out three available franchise options
The Retail industry has many franchise options available, such as The London Vape Company, which has been operating since 2014. By joining its five franchises already in operation, you could contribute to this company's rapid expansion. You will need to invest £60,000 to start your own London Vape Company business. At least £30,000 of this should come from your own personal investment. It is thus less appropriate for new investors. You will also need to invest in a small premises to operate this business. Financial assistance is available for eligible franchisees.
Another interesting franchising opportunity is Mac Tools, which has been in business since 2011. The brand runs in 170 franchise locations which make up a well-established business network. You will need to invest £50,000 to begin operating your own Mac Tools business, which is a reasonable initial investment. Your personal investment should account for at least £5,000 of the total amount. Given these low startup costs, this option could be suitable for first-time franchisees. By investing in this franchise, you may be eligible for financial support.
Lastly, check out Ecigwizard, another interesting Retail franchise that launched in 2011. The brand is expanding quickly, with 45 outlets already in operation, and a desire to expand further. Opening an Ecigwizard business requires an initial investment of £60,000. If you plan on getting a loan to cover the startup costs, Ecigwizard asks for a personal investment of at least £40,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. By investing in this established brand, you could qualify for financial aid. See our website for details.
There are currently 61 available franchise options in the Retail industry. Check out these brands to find out if there's a good fit for you. You will find a total of close to 250 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 machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.