Retail & Stores Franchise opportunities to start in Bridgwater

Why should you invest in Bridgwater?

The Sedgemoor 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 benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Bridgwater. We offer a variety of realistic new business investment possibilities, so that you can find one you like.

Sedgemoor has an estimated population of 123,000 residents. When broken down by age group, the majority of the population sits within the 60+ category. The local unemployment rate of 4.6% is high compared to the UK average of 4%. The local labour force consists of 60,100 people, making up 84.1% of the population. The annual income in the United Kingdom is £30,629 on average. The people of Sedgemoor earn an average annual salary of £27,365, slightly lower than the country's average.

Running a franchise in the Retail industry

If the idea of running a business in the Retail industry appeals to you, have a look at the 61 brands currently recruiting franchisees in the field. You can choose an investment opportunity from four Printing franchises, two Greeting Card franchises, three Craft franchises, three Toy Store franchises and two Music Shop franchises. Let our selection of brands be your guide to starting your next exciting investment opportunity. If you are considering joining the Retail industry, it may interest you to know that 4,500 people have already made the decision to work in this sector in the Sedgemoor area.

Here are three examples of franchise businesses

If you are interested in opening a business in the Retail industry, read about Tubz Vending. The brand operates in 300 franchise locations which make up a strong business network. Initially, you would need to invest £3,295 to get your own Tubz Vending business up and running. 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. A small premises will also be required to operate this business. Also, if you can't afford the startup costs alone, you may be able to benefit from financial assistance.

Another interesting franchise option is Snap-on. Starting a Snap-on business requires a substantial initial investment of £110,143. If you plan on getting a loan to cover the startup costs, Snap-on asks for a personal investment of at least £24,143. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this option could be suitable for first-time franchisees.

Finally, another option to consider is The London Vape Company, a brand that has been operating since 2014. By joining its current five franchisees, you would become a part of a fast growing brand network. You will need an initial investment of £60,000 to start your own London Vape Company business. Your personal investment should account for at least £30,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. You could also receive financial aid, if eligible. See our website for more information.

There are currently 61 franchising opportunities available in the Retail industry. At Point Franchise, we have close to 250 new business investment opportunities available, giving you plenty to choose from in other sectors too.

This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.