Retail & Stores Franchise opportunities to start in Barnstaple
Opening a franchise business in Barnstaple
Are you considering opening a franchise? Barnstaple, in South West England, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while running your own business. Take a look at the brands currently recruiting in North Devon. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
According to recent census data, 96,000 people live in North Devon. The majority of the population falls within the 60+ age group. The annual salary in the UK is close to £31,000 on average. The people of North Devon earn an average annual salary of £22,123, lower than the national average.
Why Retail businesses appeal to franchisees
There are currently 61 opportunities to invest in the Retail industry. If you would like to operate a business in this sector, keep reading. Available brands include four Tool franchises, two Music Shop franchises, three E Cigarette franchises, two Cosmetic franchises and three Craft franchises. You are likely to find a brand that fits your career goals and aspirations among our numerous investment options. Retail is a well-established industry, providing employment for 5,000 people in North Devon alone.
Check out these three business examples
If you're planning to invest in the Retail industry, have a look at Ecigwizard, a brand that launched in 2011. This brand is expanding quickly, counting 45 locations across the United Kingdom. This business opportunity requires an initial investment of £60,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Ecigwizard asks for a minimum personal investment of £40,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you feel uncertain about starting your own business, you may feel more secure in taking on a franchise. Ecigwizard can support you with comprehensive training and assistance to help your business reach its full potential.
You could also consider Leightons. You may feel more secure in starting a Leightons franchise knowing that franchisees are provided with full training, assistance and support.
Lastly, another brand worth considering is Snap-on. You will need to invest £110,143 to start operating your own Snap-on business, which is a substantial initial investment. Your personal investment should account for at least £24,143 of the total amount. Given these low startup costs, this option could be suitable for first-time franchisees. This brand also provides its franchisees with full training and support.
If you are thinking about opening a franchise business in the Retail industry, you might be interested to browse our 61 available brands. At Point Franchise, we are proud to offer close to 250 franchise options across different sectors, helping you find the perfect investment opportunities for you.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.