Retail & Stores Franchise opportunities to start in Peterborough
Peterborough is waiting for you to start a franchise business
Located in the East of England, Peterborough is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising opportunities in Peterborough and take the first step towards running your own business. We offer a number of franchises to suit a variety of budgets and career goals. Take a look at our range of businesses and sectors to see what might suit you.
A recent census found that 201,000 people live in Peterborough. When broken down by age group, the majority of the population falls within the 20-39 category. In terms of employment, the area has an economically active population of 98,700 people (79.7%), of which the unemployment rate is 6.2%. This figure is slightly higher than the average unemployment rate in the UK. The UK's annual average income is just over £30,500. Salaries in Peterborough are slightly lower in comparison, averaging £26,549 a year.
Why open a franchise in the Retail industry?
If you're interested in becoming a franchisee in the Retail industry, take a look at our 61 franchise options currently available in the field. You will find a lot of interesting new business investment options, including three E Cigarette franchises, two Cosmetic franchises, four Printing franchises, two Greeting Card franchises and three Fashion franchises. Have a look at the available brands to find out if your perfect match is among them.
Eager to find out more? Here are three franchise business examples
If you're planning to invest in the Retail industry, have a look at Minuteman Press. By joining its network of 975 franchisees, you would become a part of a strong business community. You will need to invest £50,000 to start operating your own Minuteman Press business, which is a reasonable initial investment. Your personal investment should account for at least £25,000 of the total amount. These low startup costs make this a good franchising option for first-time franchisees. Financial support is available for eligible franchisees.
Another interesting investment opportunity is The Original Poster Company, which opened in 1991. The brand is now mature and a leader within the sector, having developed its franchise network for 29 years. By joining its current 70 franchisees, you would become a part of a growing brand network. If you can't cover the startup costs on your own, you could see if you qualify for financial aid.
Finally, if the Retail industry appeals to you, Tubz Vending is another option you could consider. The brand benefits from a well-established network and good visibility, running in 300 franchise outlets. You will need an initial investment of £3,295 to open your own Tubz Vending business. These low startup costs make this a good franchising option for first-time franchisees. A small premises will also be required to operate this business. If you can't afford the startup costs on your own, you may qualify for financial assistance. Visit our website for more information.
There are currently 61 franchising opportunities available in the Retail industry. If you're interested in exploring franchising options in other sectors, Point Franchise has 236 brands to pick from.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.