Retail & Stores Franchise opportunities to start in Newbury
What can Newbury offer to new businesses?
If you want to start a business in Newbury, working for yourself but not on your own, then check out our franchising opportunities in South East England. On this page, you will find a range of brands to choose from for becoming a franchisee in the West Berkshire area and across the United Kingdom. With your interests and business objectives in mind, have a look at our selection of new business investment options.
The population of West Berkshire is made up of 159,000 residents. The majority of the population falls within the 40-59 age range. Unemployment in the area (2.7%) is very low compared to the UK as a whole (4%). The labour force represents 85.8% of the local population, or 83,100 people. The average annual income across the United Kingdom is close to £31,000. With a gross salary averaging £38,416, residents of West Berkshire have a significantly higher salary than the national average.
Why the Retail industry might be a good option for you
There are 61 franchises in the Retail industry to choose from. With three E Cigarette franchises, two Greeting Card franchises, two Music Shop franchises, three Toy Store franchises and four Sweet Shop franchises, this sector has great potential for exciting business ventures. See if there's a brand to suit your goals and interests. If you're interested in the Retail industry, you may want to consider how many people already work in the field. In West Berkshire, Retail businesses currently employ 7,000 people.
Check out three available franchise opportunities
If you're interested in the Retail industry, check out The London Vape Company. There are five outlet open so far, and the network is expanding quickly. It has been running since 2014. Opening a London Vape Company business requires an initial investment of £60,000. If you intend to get a loan to cover the startup costs, The London Vape Company asks for a personal investment of at least £30,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. Financial support is available for eligible franchisees.
The Original Poster Company, open since 1991, is another interesting option. By joining its network of 70 franchisee, you could contribute to this brand's success. The company is now mature and a leader within the sector, having developed its franchise network for 29 years. You may qualify for financial assistance. Visit our website for details.
As a final retail franchise option, take a look at Cash Generator. Launched in 1997, Cash Generator has gained valuable experience in the field in its 23 years since first opening. The brand has a well-established network and good visibility, operating in 700 franchise locations. This business opportunity requires a substantial initial investment of £240,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Cash Generator asks for a minimum personal investment of £80,000. It is thus less appropriate for new investors.
The Retail industry currently offers 61 franchising opportunities. Whether you've already made the decision to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of almost 250 franchising opportunities to help you find the right fit.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.