Retail & Stores Franchise opportunities to start in Billericay
Billericay: A great location to start a business
If you'd like to open your own business but don't know where to start, a franchise might just be the answer. Billericay, situated in the East of England, could be a good place to start as there are many brands currently recruiting franchisees in the Basildon area. Why not have a look through our range of franchising options? There are opportunities to suit various needs and business objectives.
There are an estimated 186,000 people in the Basildon area. The 40-59 age group has the highest concentration within the population. Unemployment affects 4% of the UK population. With a rate of 3.5%, unemployment in this area is lower than the national average. The economically active population amounts to 91,700 people, representing 81.0% of the population. Across the UK, the average gross salary is close to £31,000. In the Basildon area, it amounts to £32,823.
Why the Retail industry appeals to franchisees
There are 61 franchises in the Retail industry to choose from. There are a lot of interesting new business investment options, including two Music Shop franchises, two Greeting Card franchises, four Printing franchises, two Cosmetic franchises and three E Cigarette franchises. Check out the available brands to see if your perfect match is among them.
Here are three examples of franchise businesses
If the Retail industry is your area of interest, Cash Converters is worth considering. Initially established in 1984, Cash Converters has grown a dedicated following since opening 36 years ago. The brand runs in 200 franchise locations which make up a well-established business community. You will need an initial investment of £100,000 to start your own Cash Converters business. Your personal investment should account for at least £39,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Noa Noa is another interesting option. By joining its current 90 franchisees, you would become a part of a growing brand network. By investing in this established brand, you could be eligible for financial assistance.
Finally, you could also have a look at Mac Tools, which has been running since 2011. The brand's network is significant, counting 170 outlets in the United Kingdom. This business requires a reasonable initial investment of £50,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Mac Tools business is £5,000. These low startup costs make this a good franchising option for first-time franchisees. Also, if you can't afford the startup costs alone, you may be entitled to financial aid. See our website for more information.
The Retail industry currently offers 61 franchising options. At Point Franchise, we are proud to offer almost 250 franchise options across many sectors, helping you find the perfect investment opportunities for you.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.