Retail & Stores Franchise opportunities to start in Eastleigh
Why should you invest in Eastleigh?
The North Devon area offers many interesting business opportunities. If you like the idea of running your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Eastleigh. Explore our sectors and brands to find your best options among different franchising opportunities, keeping in mind your personal interests and career goals.
According to recent census data, there are 96,000 people living in North Devon. The 60+ age group has the highest concentration in the population. Salaries in North Devon average £22,123 a year, while in the United Kingdom the average income is close to £31,000.
Why Retail businesses appeal to franchisees
If you wish to open a business in the Retail industry, have a look at our 61 franchises currently recruiting franchisees in the field. Take a look at our two Cosmetic franchises, two Music Shop franchises, three Fashion franchises, two Greeting Card franchises and three E Cigarette franchises. Could one of these brands help you reach your career goals and aspirations? Many businesses in North Devon already operate in the Retail industry, which employs 5,000 people. You would be joining a well-established business community.
Have a look at three franchise business examples
If you are interested in opening a business in the Retail industry, read about Mac Tools, a company operating since 2011. The brand operates in 170 franchise locations which make up a well-established business network. This business requires a reasonable initial investment of £50,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Mac Tools business is £5,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you can't cover the startup costs on your own, you could see if you qualify for financial aid.
Another interesting investment opportunity is Cash Converters, which was first established in 1984. The brand's extensive experience, good reputation and wide exposure are valuable assets. By joining its network of 200 franchisees, you would become a part of a strong business community. A total of £100,000, a substantial initial investment, is required to open a Cash Converters franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £39,000 of the total investment should come from your personal funds. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Finally, check out The London Vape Company, another interesting Retail franchise that launched in 2014. This brand is expanding quickly, counting five locations in the United Kingdom. To start your business, you will need an initial investment of £60,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For The London Vape Company, the minimum personal investment is £30,000. 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 you can't afford the startup costs on your own, you may be eligible for financial assistance. See our website for more information.
There are 61 franchises waiting to be discovered in the Retail industry. You will find a total of 236 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.
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