Retail & Stores Franchise opportunities to start in Basingstoke
Why should you invest in Basingstoke?
Discover the business opportunities waiting for you in Basingstoke, situated in South East England. On this page you'll find a range of brands that could make you a franchisee in the Basingstoke and Deane area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. There are a number of franchising options available based on your budget and career objectives. Have a browse to find the brand that appeals to you most.
Basingstoke and Deane has a population of approximately 176,000 people. The most represented age group is 40-59 years old. Approximately 94,900 people are economically active in the community, representing 85.1% of the population. The unemployment rate (2.5%) is very low compared to the national average (4%). With an average gross annual income of £34,367, salaries in Basingstoke and Deane are higher than the average salary of £30,629 across the United Kingdom.
Why choose to open a business in the Retail industry?
If you would like to operate a Retail franchise, you are likely to find one that appeals to you among 61 available across the UK. Have a look through our three Toy Store franchises, two Greeting Card franchises, four Printing franchises, four Sweet Shop franchises and three E Cigarette franchises to find out if any suit your career goals and aspirations. If you're interested in the Retail industry, you may want to consider how many people already work in the sector. In Basingstoke and Deane, Retail companies currently employ 8,000 people.
Three franchises that might interest you
Initially established in 1991, The Original Poster Company operates in the Retail industry. The Original Poster Company has proved itself to be a successful business and leader in the field in its 29 years since opening. By joining its network of 70 franchisees, you could contribute to this brand's success. When investing in this franchise, you could qualify for financial assistance.
Another interesting investment opportunity is Snap-on. You will need to invest £110,143 to open your own Snap-on business. At least £24,143 of this significant amount should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees.
Finally, The London Vape Company, open since 2014, is another interesting option. There are five locations open so far, and the network is expanding rapidly. This business requires an initial investment of £60,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a London Vape Company business is £30,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. Eligible candidates may apply for financial aid. See eligibility details on our website.
There are currently 61 available franchising opportunities in the Retail industry. Check out these brands to see if there's a good fit for you. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.