Retail & Stores Franchise opportunities to start in Loughton
Starting a new business in Loughton
Discover the possibilities waiting for you in Loughton, situated in South East England. On this page you'll find a selection of brands recruiting franchisees in the Milton Keynes area. Franchising gives you the opportunity to operate your own business, complete with training and marketing support. By browsing the sectors that appeal to you the most, you will find the franchises that best suit your interests and business objectives.
According to recent census data, 269,000 people live in Milton Keynes. The majority of the population sits within the 0-19 age category. The local unemployment rate of 4.8% is high compared to the UK average of 4%. The local labour force consists of 140,300 people, making up 82.2% of the population. The average annual salary across the UK is close to £31,000. With a gross income averaging £32,644, residents of Milton Keynes have a slightly higher salary than the national average.
Running a franchise in the Retail industry
The Retail industry currently offers 61 franchise opportunities. If this sector appeals to you, check out our options. There are a lot of interesting new business investment options, including four Printing franchises, four Tool franchises, three E Cigarette franchises, three Toy Store franchises and two Music Shop franchises. Take a look at the available brands to see if your perfect match is among them.
Check out three available franchise opportunities
Minuteman Press could be a great choice for you if you're interested in the Retail industry. The brand runs in 975 franchise locations which make up a well-established business community. To open your own Minuteman Press franchise, you will need to invest £50,000, of which at least £25,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. 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. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
Another option to consider is The London Vape Company. The brand first began operating in 2014. There are five outlets open so far, and the network is expanding rapidly. You will need to invest £60,000 to begin operating your own London Vape Company business. Your personal investment should account for at least £30,000 of the total amount. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. If eligible, you might be entitled to financial aid. See eligibility details on our website.
Lastly, Snap-on is another interesting brand operating in the Retail industry. You will need to invest £110,143 to start your own Snap-on business. At least £24,143 of this significant amount should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees.
Eager to read more about business opportunities in the Retail industry? Explore 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 investment opportunity.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.