Retail & Stores Franchise opportunities to start in Ipswich
Ipswich: A great location to start a business
If you want to open a business in Ipswich, working for yourself but not on your own, then check out our franchising opportunities in the East of England. On this page, you will find a range of brands to choose from for becoming a franchisee in the Ipswich area and across the United Kingdom. We offer a number of franchises to suit various budgets and career objectives. Have a look at our selection of brands and sectors to see what might suit you.
A recent census found that 138,000 people live in Ipswich. Residents aged 20 to 39 years old make up the majority of the population. Ipswich has an unemployment rate of 6% within its labour force of 67,900 people. This rate is high compared to the national average. The gross annual salary in Ipswich amounts to £25,828, which is slightly lower than the national average of £30,629.
Business options in the Retail industry
If you would like to run a Retail franchise, you are likely to find one that appeals to you among 61 available across the UK. You will find four Sweet Shop franchises, three Fashion franchises, two Music Shop franchises, two Cosmetic franchises and four Tool franchises offering the opportunity to invest. Explore our available brands to find a potential match. Opening a business is not a simple feat, but becoming a franchisee makes managing your own business much more feasible. The Ipswich area offers plenty of opportunities for starting a new and exciting business venture of your own. The Retail industry is a busy one in the region, already employing 7,000 people. So, what is stopping you from starting your own business in Ipswich today?
Three brands worth your attention
There are many interesting franchising possibilities in the Retail industry. Take Ecigwizard for example, a brand that was first established in 2011. By joining its 45 franchises already in operation, you could contribute to this company's rapid expansion. A total of £60,000 is required to open an Ecigwizard franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £40,000 of the total investment should come from your personal funds. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
If the Retail industry appeals to you, Cash Generator is another option you could have a look at. Initially established in 1997, Cash Generator has proved itself to be a successful business and leader in the sector in its 23 years since opening. The brand's network is made up of 700 franchisees, which promote its exposure. To start your business, you will need an initial investment of £240,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Cash Generator, the minimum personal investment is £80,000. Due to the higher startup costs, this option is not advisable for first-time franchisees.
As a final Retail franchise option, take a look at Minuteman Press. The brand's network is vast, counting 975 outlets in the United Kingdom. In order to start a Minuteman Press business, an affordable initial investment of £50,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Minuteman Press requires a personal investment of at least £25,000. 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. If you can't afford the startup costs on your own, you may qualify for financial assistance. See eligibility details on our website.
If you would like to check out more new business investment options in the Retail industry, we currently have 61 available opportunities. You will find a total of almost 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.