Retail & Stores Franchise opportunities to start in Great Yarmouth
What to know before starting a franchise in Great Yarmouth
Are you thinking about opening a franchise? Great Yarmouth, in the East of England, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while running your own business. Take a look at the brands currently recruiting in Great Yarmouth. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
There are approximately 99,000 people currently living in Great Yarmouth. The most represented age group is 60+ years of age. The labour force constitutes 75.3% of the population, or approximately 44,700 people. The region has an unemployment rate of 3.8% which is in line with the UK average of 4%. The UK's annual average salary is £30,629. Salaries in Great Yarmouth are lower in comparison, averaging £23,743 a year.
Why the Retail industry might be a good option for you
The Retail industry currently offers 61 franchise opportunities. If this sector appeals to you, check out our options. There are four Tool franchises, three Toy Store franchises, four Printing franchises, two Music Shop franchises and two Cosmetic franchises recruiting at this time. Our selection is likely to have an option that suits your career goals and aspirations. If you are thinking about opening a business in Retail, Great Yarmouth could be a good place to do it. Indeed, 4,500 people have already made the decision to work in this sector in the Great Yarmouth area.
Three franchise businesses worth reading about
If you're planning to invest in the Retail industry, have a look at Minuteman Press. The brand's network is vast, counting 975 outlets across the United Kingdom. Opening a Minuteman Press business requires a reasonable initial investment of £50,000. At least £25,000 should come from your own personal investment. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you.
Snap-on is another interesting option. To open your own Snap-on franchise, you will need to invest £110,143, of which at least £24,143 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. These low startup costs make this a good franchising option for first-time franchisees.
Lastly, Signorini TARTUFI is an interesting investment opportunity in the Retail industry. By joining its 31 franchises already in operation, you could contribute to this company's expansion. You will need to invest £90,000 to open your own Signorini TARTUFI business. At least £30,000 of this significant amount should come from your own personal investment. Given these higher startup costs, this is 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. If you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for more information.
There are currently 61 new business investment opportunities available in the Retail industry. Point Franchise has almost 250 franchising opportunities across a wide range of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.