Retail & Stores Franchise opportunities to start in Walton-on-Thames
Investing in Walton-on-Thames could be your next move
The franchising options in Walton-on-Thames, located in the South 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 Elmbridge. Explore our extensive possibilities in order to find the right brand for you, and you'll be one step closer to opening your own business.
There are approximately 137,000 people currently living in Elmbridge. When broken down by age range, 40-59 year olds represent the largest portion of the population. The community has a 4.7% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's labour force consists of 63,600 people or 77.8% of the total population. The annual salary in the UK is just over £30,500 on average. The people of Elmbridge earn an average annual salary of £57,013, significantly higher than the national average.
Could the Retail industry be the right choice for you?
If you want to manage your own business in the Retail industry, the good news is that there are 61 franchises currently recruiting new franchisees across the country. You can choose an investment opportunity from four Sweet Shop franchises, four Tool franchises, four Printing franchises, two Greeting Card franchises and three Craft franchises. Let our selection of brands be your guide to starting your next exciting business opportunity. The Retail industry provides employment for many people. In Elmbridge, companies currently employ 6,000 people in the field.
Three examples of available franchise business options
First established in 2014, The London Vape Company is a competitive business operating in the Retail industry. This brand is growing quickly, counting five locations across the United Kingdom. To start your business, you will need an initial investment of £60,000. 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 The London Vape Company, the minimum personal investment is £30,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. An investment in this franchise entitles you to financial assistance, if eligible.
Another interesting investment opportunity is Cash Converters, which has been in business since 1984. Cash Converters is a recognized leader in the sector, with 36 years of experience under its belt by joining its network of 200 franchisees, you would become a part of a well-established business community. You will need to invest £100,000 to begin running your own Cash Converters business, which is a substantial initial investment. Your personal investment should account for at least £39,000 of the total amount. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
As a final example, take a look at Signorini TARTUFI. By joining its network of 31 franchisees, you could play a part in this brand's success. This business opportunity requires a substantial initial investment of £90,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Signorini TARTUFI asks for a minimum personal investment of £30,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. A small premises will also be required to operate this business.
If you are interested in the Retail industry and would like to learn more about its available franchising opportunities, look into the 61 businesses currently recruiting franchisees in the sector. You will find a total of almost 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.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.