Retail & Stores Franchise opportunities to start in Hertford

What can Hertford offer to new businesses?

The franchising possibilities in Hertford, located in the East of England, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to discover which brands you could work with in East Hertfordshire. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.

The East Hertfordshire region has 148,000 residents. Residents in the 40-59 age category make up the largest portion of the population. The local unemployment rate of 1.9% is very low compared to the UK average of 4%. The local labour force consists of 70,700 people, representing 77.1% of the population. The average annual salary across the United Kingdom is £30,629. With a gross income averaging £48,836, residents of East Hertfordshire have a significantly higher salary than the national average.

Investment options in the Retail industry

If you want to run your own business in the Retail industry, the good news is that there are 61 franchises currently recruiting new franchisees across the country. We offer three Fashion franchises, four Sweet Shop franchises, three Toy Store franchises, four Printing franchises and two Music Shop franchises. Have a look at the brands to find out if your perfect match is among them. If you would like to operate a business in the Retail industry, it could be useful to know that companies in the industry currently employ 5,000 people in the East Hertfordshire area.

Three franchise business examples

If you are interested in opening a business in the Retail industry, read about Noa Noa. This brand is expanding, counting 90 outlets across the country. Eligible candidates may apply for financial aid.

Another option to consider is Mac Tools, a brand that was first established in 2011. The brand's network is important, counting 170 locations across the UK. To open your own Mac Tools franchise, you will need to invest £50,000, of which at least £5,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. These relatively low startup costs make it a good option to pursue for first-time franchisees. If you can't afford the startup costs on your own, you may qualify for financial assistance.

Finally, another brand worth considering is Zip Yard. You may be eligible for financial aid. Visit our website for details.

If you would like to take a look at more franchising options in the Retail industry, we currently have 61 available opportunities. You will find a total of close to 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.

Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.