Retail & Stores Franchise opportunities to start in Farnborough
Investing in Farnborough could be your next move
Discover the possibilities waiting for you in Farnborough, situated in South East England. On this page you'll find a selection of brands recruiting franchisees in the West Berkshire area. Franchising gives you the opportunity to manage your own business, complete with training and marketing assistance. If you already know which line of work you'd like to pursue, check out our franchise opportunities in that sector. If not, look around and see what other options catch your eye. We have businesses to suit all kinds of interests and career objectives.
West Berkshire has an estimated population of 159,000 residents. The majority of residents are aged 40 to 59 years old. The local unemployment rate of 2.7% among 83,100 economically active people, or 85.8% of the population, is significantly lower than the average in the UK. Residents of West Berkshire have an annual average income of £38,416. In comparison, the average gross salary in the UK is close to £31,000.
What the Retail industry could offer you
If you want to run your own business in the Retail industry, the good news is that there are 61 franchises currently recruiting new franchisees across the country. There are two Greeting Card franchises, two Music Shop franchises, four Printing franchises, two Cosmetic franchises and four Sweet Shop franchises offering franchising opportunities. You'll find options to suit many different career goals and aspirations. If you are thinking about starting a business in Retail, West Berkshire could be a good place to do it. Indeed, 7,000 people have already made the decision to work in this sector in the West Berkshire area.
Three franchise business examples worth looking at
If working in the Retail industry appeals to you, take a look at Noa Noa. By joining its current 90 franchisees, you would become a part of a growing brand network.
Another option to consider is Mac Tools, a brand that first opened in 2011. The brand's network is made up of 170 franchisees, which enhance its exposure. A total of £50,000, an affordable initial investment, is required to open a Mac Tools franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £5,000 of the total investment should come from your personal funds. These relatively low startup costs make it a good option to pursue for first-time franchisees. If you can't cover the startup costs on your own, you could find out if you qualify for financial aid.
Finally, another interesting franchise option is The London Vape Company, which was first established in 2014. By joining its five franchises already in operation, you could contribute to this company's rapid expansion. Opening a London Vape Company business requires an initial investment of £60,000. At least £30,000 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. A small premises will also be required to operate this business. Eligible candidates may apply for financial aid. See our website for details.
The Retail industry has many successful franchise businesses. We currently have 61 opportunities available in this sector. Don't forget that we offer new business investment ranges across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of close to 250 franchising possibilities.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.
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