Retail & Stores Franchise opportunities to start in Denton
What to know before starting a business in Denton
If you want to open your own business, you may find that Denton has a lot to offer. Several brands are currently looking for franchisees in the Huntingdonshire area. Read on to find out if running a franchise could be a good option for you! By browsing the sectors that appeal to you the most, you will find the franchises that best suit your interests and career goals.
The population of Huntingdonshire is 177,000. The age group with the highest concentration is 40-59. The community has a 3.7% unemployment rate, which is in line with the national average of 4%. There are 88,700 economically active people in the area, representing 82.3% of the total population. Residents of Huntingdonshire have an annual average salary of £32,122. In comparison, the average gross income in the UK is close to £31,000.
The Retail industry could be the right choice for you
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. Available brands include four Tool franchises, three Fashion franchises, two Greeting Card franchises, three Toy Store franchises and four Sweet Shop franchises. You are likely to find a brand that fits your career goals and aspirations among our multiple investment opportunities. If you are considering joining the Retail industry, it may interest you to know that 6,000 people have already made the decision to work in this field in the Huntingdonshire area.
Here are three examples of franchise businesses
If you're planning to invest in the Retail industry, check out Cash Converters, a brand that launched in 1984. The brand has grown a loyal following over the past 36 years. The brand's network is significant, counting 200 outlets in the UK. A significant initial investment of £100,000 will enable you to open your own Cash Converters business. In most cases, your personal investment should represent 30 to 50% of the total amount. Cash Converters requires you to personally invest at least £39,000. You could potentially get a loan to cover the remaining costs. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Tubz Vending is an interesting investment opportunity in the Retail industry. The brand's network is made up of 300 franchisees, which promote its visibility. An initial investment of £3,295 will enable you to open your own Tubz Vending business. 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. You will also need to invest in a small premises to operate this business. An investment in this franchise entitles you to financial assistance, if eligible. See eligibility details on our website.
Lastly, have a look at Cash Generator, another attractive Retail franchise that launched in 1997. Cash Generator has gained valuable experience in the sector in its 23 years since first opening. The brand runs in 700 franchise locations which make up a well-established business network. A total of £240,000, a substantial initial investment, is required to start a Cash Generator franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £80,000 of the total investment should come from your personal funds. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
The Retail industry currently offers 61 franchising opportunities. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a look to see which other sectors you might want to invest in.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.