Retail & Stores Franchise opportunities to start in Woking
Woking: A great location to start a business
Would you like to start a business in Woking, located in the South East of England? Would you like to work for yourself but not on your own? If so, check out our franchising opportunities. On this page, you'll find several brands offering the training and support you need to run your own business in the Woking area. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career objectives.
There are 101,000 people in the Woking region. Residents aged 40 to 59 years old make up the majority of the population. The United Kingdom's annual average income is close to £31,000. Salaries in Woking are significantly higher in comparison, averaging £38,198 a year.
Have you considered the Retail industry?
Across the UK, there are 61 franchises operating in the Retail industry. Among the business opportunities in this field, you will find two Music Shop franchises, two Greeting Card franchises, four Printing franchises, three Fashion franchises and three Craft franchises. There might be one worth considering among them. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Woking area, 4,500 people are employed by Retail companies.
Take a look at three franchise business examples
If you're interested in the Retail industry, take a look at Noa Noa. This brand is growing, counting 90 outlets in the United Kingdom. Also, if you can't cover the startup costs alone, you may be entitled to financial aid. See our website for more information.
You could also have a look at Cash Converters, which has been in business since 1984. Cash Converters has acquired many loyal customers over the past 36 years. The brand's network is vast, counting 200 locations across the UK. To start your business, you will need an initial investment of £100,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Cash Converters, the minimum personal investment is £39,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Finally, Cash Generator is another interesting franchising opportunity if you plan to invest in the Retail industry. Launched in 1997, the brand has gained valuable experience and expertise over the past 23 years. The brand benefits from a well-established network and good exposure, running in 700 franchise locations. You will need an initial investment of £240,000 to start your own Cash Generator business. Your personal investment should account for at least £80,000 of the total amount. You may want to think about getting a loan to start a business in this sector. It is thus less appropriate for new investors.
If working in the Retail industry appeals to you, check out our 61 available franchising options in the sector. If you are still not sure which sector best suits your needs, have a look through our selection of close to 250 new business investment opportunities across different sectors on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.