Retail & Stores Franchise opportunities to start in Beverley
Thinking about living and working in Beverley?
You could open your own business by becoming a franchisee in Beverley. East Riding of Yorkshire, located in Yorkshire and the Humber, offers a number of new business investment possibilities. On this page, you'll find a range of companies looking for franchisees. Browse our extensive possibilities in order to find the right brand for you, and you'll be one step closer to starting your own business.
The population of East Riding of Yorkshire is made up of 340,000 residents. The population's most prevalent age group is made up of 60+ year olds. In terms of employment, the region has an economically active population of 157,900 people (81.8%), of which the unemployment rate is 3.6%. This figure is lower than the average unemployment rate across the country. Across the United Kingdom, the average gross income is just over £30,500. In the East Riding of Yorkshire area, it amounts to £29,761.
Why choose to open a business in the Retail industry?
Are you interested in the Retail industry? You're likely to find a franchise worth considering among 61 brands across the UK. Available brands include two Music Shop franchises, three Craft franchises, two Cosmetic franchises, three Fashion franchises and four Printing franchises. You are likely to find a business that fits your career goals and aspirations among our numerous investment options.
Have a look at these three business examples
If you're interested in the Retail industry, take a look at Mac Tools, a brand that launched in 2011. By joining its network of 170 franchisees, you would become a part of a well-established business community. This business requires a reasonable initial investment of £50,000. 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 start a Mac Tools business is £5,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. When investing in this franchise, you could be eligible for financial assistance.
Another option to consider is Tubz Vending. The brand's network is important, counting 300 outlets across the UK. An initial investment of £3,295 will allow you to start your own Tubz Vending business. These low startup costs make this a good franchising option for first-time franchisees. You will also need to invest in a small premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Lastly, another possibility to consider is Minuteman Press. The brand operates in 975 franchise locations which make up a strong business network. Starting a Minuteman Press business requires an affordable initial investment of £50,000. If you intend to get a loan to cover the startup costs, Minuteman Press asks for a personal investment of at least £25,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
Opening a franchise in the Retail industry has great potential. If you're interested, explore our 61 available opportunities. Whether you've already decided to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of 236 franchising opportunities to help you find the right fit.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.