Retail & Stores Franchise opportunities to start in Bletchley
Opening a franchise business in Bletchley
You could start your own business by becoming a franchisee in Bletchley. There are a number of franchise options to choose from in Milton Keynes, located in South East England. Have a look at our range of brands and start managing your own business with a team behind you. Starting a business should be exciting! Check out our selection of franchising options, starting with the sectors that you feel most passionate about.
An estimated 269,000 people currently live in Milton Keynes. When broken down by age group, the majority of the population sits within the 0-19 category. The community has 140,300 economically active people, representing 82.2% of the population, with an unemployment rate of 4.8%. This rate is slightly higher than the country's 4% national average. The region's average gross annual income of £32,644 is slightly higher than the average income of close to £31,000 across the UK.
The Retail industry and its business opportunities
There are currently 61 opportunities to invest in the Retail industry. If you would like to operate a business in this field, keep reading. In fact, you can pick from two Greeting Card franchises, four Printing franchises, four Sweet Shop franchises, two Cosmetic franchises and three Fashion franchises today.
Read about these three brands to see what franchise opportunities exist
If you would like to invest in the Retail industry, Cash Converters could be a good option. Initially established in 1984, the company has built strong customer loyalty over the past 36 years. The brand has a strong network and good visibility, running in 200 franchise locations. In order to start a Cash Converters business, a significant initial investment of £100,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Cash Converters asks for a personal investment of at least £39,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Noa Noa is an interesting franchising opportunity in the Retail industry. The brand is developing, with 90 outlets currently in operation, and a desire to expand further. Financial support is available for eligible franchisees. See our website for more information.
Lastly, another option worth considering is Snap-on. To start your business, you will need an initial investment of £110,143. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Snap-on, the minimum personal investment is £24,143. These low startup costs make this a good franchising option for first-time franchisees.
Many businesses are already operating in the Retail industry. We currently have 61 franchise opportunities available in the sector. With close to 250 new business investment opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.