Retail & Stores Franchise opportunities to start in Harlow
Harlow could be home to your new business
If you want to start your own business, you may find that Harlow has a lot to offer. Many companies are currently looking for franchisees in the Harlow area. Keep reading to find out if running a franchise could be a good option for you! With your interests and business goals in mind, have a look at our range of franchising opportunities.
Recent figures show that Harlow has a population of 87,000 people. When broken down by age group, the majority of the population sits within the 20-39 category. Harlow has an unemployment rate of 6.9% within its labour force of 40,200 people. This rate is high compared to the UK average. Residents of Harlow have an annual average income of £27,351. In comparison, the average gross salary in the UK is close to £31,000.
Why the Retail industry might be a good option for you
There are currently 61 opportunities to invest in the Retail industry. If you would like to operate a business in this sector, keep reading. There are two Cosmetic franchises, three Toy Store franchises, four Sweet Shop franchises, three E Cigarette franchises and three Craft franchises offering the opportunity to invest. Explore our available brands to find a potential match. You may be interested to know that businesses in the Harlow area currently employ 4,000 people in the Retail industry.
Three franchise business examples
If the Retail industry is your area of interest, Cash Generator is worth looking at. First established in 1997, the brand has acquired valuable experience and expertise over the past 23 years. The brand's network is made up of 700 franchisees, which increase its visibility. To open your own Cash Generator franchise, you will need to invest £240,000, of which at least £80,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. It is thus less appropriate for new investors.
Signorini TARTUFI is another interesting investment opportunity if you plan to invest in the Retail industry. By joining its network of 31 franchisees, you could contribute to this brand's success. A total of £90,000, a significant initial investment, is required to open a Signorini TARTUFI franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £30,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors. A small premises will also be required to operate this business. Financial assistance is available for eligible franchisees. Visit our website for more information.
Lastly, Cash Converters is another interesting brand operating in the Retail industry. The first franchise launched in 1984. The brand has grown a dedicated following over the past 36 years. You will need to invest £100,000 to start running your own Cash Converters business, which is a significant initial investment. Your personal investment should account for at least £39,000 of the total amount. Due to the higher startup costs, this option is not recommended for first-time franchisees.
If you are interested in the Retail industry and want to discover more franchising options, have a look at the 61 brands available in this sector. Point Franchise offers a total of almost 250 franchising opportunities across a variety of sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.