Retail & Stores Franchise opportunities to start in Wokingham
Wokingham: A great location to start a business
If you'd like to open your own business but don't know where to start, a franchise might just be the answer. Wokingham, situated in South East England, could be a good place to start as there are many businesses currently recruiting franchisees in the Wokingham area. Starting a business should be exciting! Explore our range of franchising options, focusing on the sectors that you feel most passionate about.
There are approximately 168,000 people currently living in Wokingham. The majority of the population sits within the 40-59 age range. The local unemployment rate of 1.9% is very low compared to the UK average of 4%. The local labour force consists of 83,400 people, representing 82.7% of the population. The gross annual income in Wokingham amounts to £39,411, which is significantly higher than the national average of £30,629.
Why Retail businesses appeal to franchisees
There are 61 brands offering franchise opportunities in the Retail industry. There are four Printing franchises, three Craft franchises, two Music Shop franchises, three E Cigarette franchises and four Tool franchises offering franchising opportunities. You'll find options to suit many different career goals and aspirations. If you want to run a business in the Retail industry, it could be useful to know that companies in the sector currently employ 5,000 people in the Wokingham area.
Have a look at three franchise business examples
If you plan to invest in a Retail business, you could consider The Original Poster Company. First established in 1991, The Original Poster Company has gained valuable experience in the field in its 29 years since first opening. By joining its network of 70 franchisees, you could contribute to this brand's success. You could also receive financial assistance, if eligible.
Take a look at Signorini TARTUFI, another attractive Retail franchise. There are 31 outlets open so far, and the network is expanding. You will need to invest £90,000 to open your own Signorini TARTUFI business. At least £30,000 of this substantial amount 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. You may be eligible for financial aid.
Finally, another option to consider is Noa Noa. By joining its 90 franchises already in operation, you could contribute to this brand's expansion. Financial support is available for eligible franchisees. Visit our website for details.
There are currently 61 franchising opportunities available in the Retail industry. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.