Retail & Stores Franchise opportunities to start in Hinckley
What can Hinckley offer to new businesses?
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our selection of brands in Hinckley, located in the Hinckley and Bosworth area in the East Midlands, where many companies are currently recruiting. To begin, look for the line of work that appeals to you the most. This is a quick way to find the brand best suited to you.
There are an estimated 112,000 people living in the Hinckley and Bosworth area. The majority of the population sits within the 40-59 age range. Hinckley and Bosworth has an unemployment rate of 3.7% within its labour force of 60,800 people. This rate is comparable to the UK average. Salaries in Hinckley and Bosworth average £27,471 a year, while in the UK the average income is just over £30,500.
Why the Retail industry might be a good option for you
There are 61 UK-based franchises available in the Retail industry. Available franchises include three Toy Store franchises, two Greeting Card franchises, three Fashion franchises, two Cosmetic franchises and four Tool franchises. The right business to suit your career goals and aspirations might just be among them. Opening a business is not a simple feat, but becoming a franchisee makes running your own business much more feasible. The Hinckley and Bosworth region offers plenty of opportunities for starting a new and exciting business venture of your own. The Retail industry is a busy one in the region, already employing 3,500 people. So, what is stopping you from starting your own business in Hinckley and Bosworth today?
Take a look at these three business examples
There are many interesting franchising options in the Retail industry. Take The Original Poster Company for example, a business that was first established in 1991. The brand is now mature and a leader within the sector, having expanded its franchise community for 29 years. There are 70 locations open so far, and the network is expanding. An investment in this franchise entitles you to financial assistance, if eligible.
Tubz Vending is an interesting franchise option in the Retail industry. The brand has a well-established network and good exposure, operating in 300 franchise outlets. To start your own Tubz Vending business, you will need an initial investment of £3,295. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. You will also need to invest in a small premises to operate this business. If you can't cover the startup costs on your own, you may be eligible for financial aid.
Finally, another option worth considering is The London Vape Company, a company that opened in 2014. By joining its network of five franchisees, you could play a part in this up-and-coming brand's success. You will need an initial investment of £60,000 to start your own London Vape Company business. Your personal investment should account for at least £30,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business.
If working in the Retail industry appeals to you, check out our 61 available franchising opportunities in the sector. Point Franchise currently has a total of 236 brands recruiting franchisees across a range of sectors. Have a browse to see which other sectors you might want to invest in.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.