Retail & Stores Franchise opportunities to start in Frome
Why should you invest in Frome?
Frome, located in South West England, offers a number of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Mendip area. Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
There are an estimated 115,000 people living in the Mendip area. The population's most prevalent age group is made up of 60+ year olds. Across the UK, the average gross salary is £30,629. In the Mendip area, it is £27,454.
Why the Retail industry might be a good option for you
There are 61 UK-based franchises available in the Retail industry. There are two Greeting Card franchises, four Sweet Shop franchises, two Music Shop franchises, three Craft franchises and four Tool franchises offering franchising opportunities. You'll find opportunities to suit all kinds of career objectives and aspirations. In the Mendip area, the Retail industry provides employment for 6,000 people.
Check out these three business examples
If you're interested in the Retail industry, take a look at The Original Poster Company. The brand is developing, with 70 locations already in operation, and a desire to expand further. It has been running since 1991. The Original Poster Company has proved itself to be a successful business and leader in the sector in its 29 years since opening. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Another option worth considering is Ecigwizard, a brand that opened in 2011. This brand is expanding quickly, counting 45 outlets 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 usually need to cover 30 to 50% of the total investment. Ecigwizard requires a minimum personal investment of £40,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Finally, Mac Tools is another successful business that has been operating in the Retail industry since 2011. The brand operates in 170 franchise locations which make up a well-established business community. Opening 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. These low startup costs make it a good option to pursue for first-time franchisees. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See our website for more information.
We offer a total of 61 businesses in the Retail industry. If you're interested, see if the perfect investment opportunity for you is among them. If this sector doesn't suit your needs, don't worry. Point Franchise offers 236 franchise options across a variety of sectors to help you find your perfect investment opportunity.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.