Retail & Stores Franchise opportunities to start in Farnham
Farnham and its prospects for new Businesses
If you'd like to open your own business but don't know where to start, a franchise might just be the answer. Farnham, situated in South West England, could be a good place to start as there are many brands currently recruiting franchisees in the North Dorset area. There are a number 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 North Dorset is made up of 376,000 people. The most prevalent age group in the population is over 60 years old. The economically active population in North Dorset amounts to 157,200 people, with an unemployment rate of 2.6%. This rate is significantly lower than the national average. The average annual income across the UK is close to £31,000. With a gross salary averaging £27,043, residents of North Dorset have a slightly lower salary than the national average.
Running a Retail franchise business
Across the UK, there are currently 61 opportunities to run your own franchise in the Retail industry. In fact, you can choose from two Greeting Card franchises, three E Cigarette franchises, two Cosmetic franchises, four Printing franchises and two Music Shop franchises today.
Want to know more? Read about these three brands
If you are interested in starting a business in the Retail industry, Cash Converters could be an option for you. First established in 1984, the brand's extensive experience, good reputation and wide exposure are valuable assets. The brand has a well-established network and good exposure, operating in 200 franchise outlets. Starting a Cash Converters business requires a substantial initial investment of £100,000. At least £39,000 should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
If the Retail industry appeals to you, Signorini TARTUFI is another option you could have a look at. This brand is developing, counting 31 locations across the United Kingdom. To start your business, you will need an initial investment of £90,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Signorini TARTUFI, 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. Financial aid can be given in some circumstances.
Finally, Ecigwizard, open since 2011, is another interesting option. By joining its 45 franchises already in operation, you could contribute to this company's rapid expansion. Starting an Ecigwizard franchise will require you to invest a minimum of £60,000. At least £40,000 of this should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If you can't afford the startup costs on your own, you may qualify for financial assistance. See our website for details.
Many businesses are already operating in the Retail industry. We currently have 61 franchise options available in the sector. You will find a total of close to 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.