Retail & Stores Franchise opportunities to start in Trowbridge
What to know before starting a business in Trowbridge
You could open your own business by becoming a franchisee in Trowbridge. Cardiff, located in Wales, offers a number of new business investment options. On this page, you'll find a range of brands looking for franchisees. There are a variety of new business investment opportunities available based on your budget and career objectives. Have a browse to find the brand that appeals to you most.
The population of Cardiff is 364,000. When broken down by age group, the majority of the population sits within the 20-39 category. The area has 193,900 economically active people, representing 78.6% of the population, with an unemployment rate of 3.4%. This rate is lower than the country's 4% national average. The gross annual salary in Cardiff amounts to £28,660, which is slightly lower than the national average of £30,629.
Why Retail businesses appeal to franchisees
If you wish to run a business in the Retail industry, have a look at our 61 franchises currently recruiting franchisees in the sector. There are currently four Printing franchises, three E Cigarette franchises, four Sweet Shop franchises, two Greeting Card franchises and three Fashion franchises recruiting franchisees. Have a look to find out whether any fit your career goals and aspirations.
Three franchise businesses worth reading about
The Retail industry has many franchise options available, such as Mac Tools, which launched in 2011. The brand operates in 170 franchise locations which make up a well-established business community. Starting a Mac Tools franchise will require you to invest a minimum of £50,000. At least £5,000 of this should come from your own personal investment. 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.
Check out Cash Generator. Launched in 1997, Cash Generator has proved itself to be a successful business and leader in the field in its 23 years since opening. The brand's network is made up of 700 franchisees, which promote its exposure. To start your own Cash Generator franchise, you will need to invest £240,000, of which at least £80,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not recommended for first-time franchisees.
As a final example, take a look at Minuteman Press. By joining its network of 975 franchisees, you would become a part of a strong business community. Starting a Minuteman Press business requires a reasonable initial investment of £50,000. At least £25,000 should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. If you can't afford the startup costs on your own, you may qualify for financial aid. Visit our website for more information.
There are currently 61 available franchise options in the Retail industry. Take a look at these businesses to see if there's a good fit for you. At Point Franchise, we are proud to offer almost 250 franchise options across different sectors, helping you find the perfect investment opportunities for you.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.