Retail & Stores Franchise opportunities to start in Sheffield
Sheffield is waiting for you to start a franchise business
Discover the possibilities waiting for you in Sheffield, situated in South West England. On this page you'll find a selection of brands recruiting franchisees in the Cornwall area. Franchising gives you the opportunity to run your own business, complete with training and marketing support. By exploring the sectors that appeal to you the most, you will find the brands that best suit your interests and career goals.
According to recent census data, 566,000 people live in Cornwall. When broken down by age range, 60+ year olds represent the largest portion of the population. The local labour force consists of 261,600 people, or 80.0% of the total population. With an unemployment rate of 3.3%, recent data indicates that employment in this area is lower than in the rest of the UK. For the Cornwall area, the average income is £23,266, which is lower than the national average salary of close to £31,000.
Could the Retail industry be the right choice for you?
There are 61 UK-based franchises available in the Retail industry. With three E Cigarette franchises, four Tool franchises, two Cosmetic franchises, three Toy Store franchises and four Printing franchises, this sector has great potential for exciting business ventures. See if there's a brand to suit your goals and interests. In Cornwall, there are currently 25,000 people employed in the Retail industry, so you would be joining an established business network.
Three franchises that might interest you
The Retail industry has many franchise options available, such as Ecigwizard, which launched in 2011. By joining its current 45 franchisees, you would become a part of a fast growing brand network. This business requires an initial investment of £60,000. If you plan on getting 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 open an Ecigwizard business is £40,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. When investing in this franchise, you could qualify for financial aid.
Another interesting investment opportunity is The London Vape Company, which has been in business since 2014. The brand is developing quickly, with five outlets already in operation, and a desire to expand further. Starting a London Vape Company franchise will require you to invest a minimum of £60,000. At least £30,000 of this should come from your own personal investment. 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. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Finally, you could also have a look at Mac Tools, which has been operating since 2011. The brand's network is made up of 170 franchisees, which increase its exposure. A reasonable initial investment of £50,000 will enable you to start your own Mac Tools business. In most cases, your personal investment should represent 30 to 50% of the total amount. Mac Tools requires you to personally invest at least £5,000. You could potentially apply for a loan to cover the remaining costs. Given these low startup costs, this option could be suitable for first-time franchisees. By investing in this franchise, you may be eligible for financial support. Visit our website for more information.
If you would like to learn more about franchise opportunities in the Retail industry, have a look through our 61 available options. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.