Retail & Stores Franchise opportunities to start in Scarborough
Scarborough is an attractive town to invest in
Would you like to run your own business? Scarborough, located in Yorkshire and the Humber, could be a good place to start. There are many brands currently recruiting franchisees in the Scarborough area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and business objectives.
Scarborough has an estimated population of 109,000 people. The majority of the population falls within the 60+ age range. In terms of employment, the area has an economically active population of 49,600 people (82.1%), of which the unemployment rate is 2.6%. This figure is significantly lower than the average unemployment rate across the UK. Scarborough has an average annual salary of £22,858, which is lower than the national average income of £30,629.
Have you considered the Retail industry?
In the United Kingdom, there are 61 franchises recruiting in the Retail industry. Available franchises include two Cosmetic franchises, four Printing franchises, three Fashion franchises, four Sweet Shop franchises and two Music Shop franchises. The right business to suit your career goals and aspirations might just be among them. If you're interested in the Retail industry, you're not alone. In Scarborough, 5,000 people currently work in the industry.
Three examples of available franchise business opportunities
If you'd like to open your own Retail business, Signorini TARTUFI could be a great option for you. By joining its current 31 franchisees, you would become a part of a growing brand network. A total of £90,000, a substantial initial investment, is required to start 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. An investment in this franchise entitles you to financial assistance, if eligible.
Another option worth considering is Noa Noa. The brand is developing, with 90 locations currently in operation, and a desire to expand further. By investing in this franchise, you may qualify for financial support.
As a final Retail franchise option, have a look at Minuteman Press. By joining its network of 975 franchisees, you would become a part of a strong business community. This business opportunity requires a reasonable initial investment of £50,000. 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. Minuteman Press requires a minimum personal investment of £25,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. You could also receive financial aid, if eligible. Visit our website for more information.
Opening a franchise in the Retail industry has great potential. If you're interested, check out our 61 available opportunities. If you're curious about franchising options in other sectors, Point Franchise has close to 250 brands to pick from.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.