Retail & Stores Franchise opportunities to start in Andover

Investing in Andover could be your next move

Located in South East England, Andover is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising options in Test Valley and take the first step towards running your own business. Browse our extensive possibilities in order to find the right brand for you, and you'll be one step closer to starting your own business.

Recent figures show that Test Valley has a population of 125,000 people. Residents aged 40 to 59 years old make up the majority of the population. Test Valley has an unemployment rate of 4% within its labour force of 60,500 people. This rate is comparable to the UK average. Test Valley has an average annual salary of £30,680. This salary is in line with the rest of the United Kingdom, which has an average income of just over £30,500.

What the Retail industry could offer you

In the UK, you will find 61 franchises recruiting in the Retail industry. You can pick an investment opportunity from three E Cigarette franchises, two Greeting Card franchises, three Craft franchises, three Fashion franchises and three Toy Store franchises. Let our selection of brands be your guide to starting your next exciting investment opportunity. Retail is a well-established industry, providing employment for 6,000 people in Test Valley alone.

Want to know more? Read about these three brands

First established in 1991, The Original Poster Company is a competitive business operating in the Retail industry. The Original Poster Company now has over 29 years of experience under its belt. By joining its current 70 franchisees, you would be joining a growing brand network. By investing in this franchise, you can receive training and support from an established brand. If you decide to invest in this franchise, you will be offered comprehensive training and support, giving your business the best possible chance to succeed.

Take a look at Cash Generator. Initially established in 1997, Cash Generator has gained valuable experience in the field in its 23 years since first opening. By joining its network of 700 franchisees, you would become a part of a well-established business community. You will need to invest £240,000 to begin operating your own Cash Generator business, which is a significant initial investment. Your personal investment should account for at least £80,000 of the total amount. It is thus less appropriate for new investors. You may feel more secure in opening a Cash Generator franchise knowing that franchisees can benefit from full training, assistance and support.

Finally, have a look at Mr Simms Olde Sweet Shoppe, another attractive Retail franchise. By joining its network of 75 franchisees, you could contribute to this brand's success. An affordable initial investment of £37,000 will enable you to start your own Mr Simms Olde Sweet Shoppe business. In most cases, your personal investment should represent 30 to 50% of the total amount. Mr Simms Olde Sweet Shoppe requires you to personally invest at least £25,000. You could potentially get a loan to cover the remaining costs. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. A small premises will also be required to operate this business. Mr Simms Olde Sweet Shoppe also offers training and support to help you run your business successfully.

Opening a franchise in the Retail industry has great potential. If you're interested, explore our 61 available opportunities. Point Franchise has almost 250 franchising opportunities across a wide range of sectors. So if this sector isn't for you, there are still lots of investment options to explore.

This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.