Retail & Stores Franchise opportunities to start in Southend-on-Sea

What can Southend-on-Sea offer to new businesses?

Discover the business opportunities waiting for you in Southend-on-Sea, situated in the East of England. On this page you'll find a range of brands that could make you a franchisee in the Southend-on-Sea area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and career objectives.

Recent figures show that Southend-on-Sea has a population of 182,000 residents. The majority of the population falls within the 40-59 age group. In terms of employment, the area has an economically active population of 90,200 people (80.5%), of which the unemployment rate is 3.9%. This figure is in line with the average unemployment rate across the country. The average gross income in the United Kingdom is £30,629. Residents of Southend-on-Sea earn £33,169 a year on average.

Running a franchise in the Retail industry

If you want to run your own business in the Retail industry, the good news is that there are 61 franchises currently recruiting new franchisees across the country. Among the business opportunities in this sector, you will find four Printing franchises, four Sweet Shop franchises, two Cosmetic franchises, three Fashion franchises and three E Cigarette franchises. The perfect business to suit your career goals and aspirations might just be among them. Many companies in Southend-on-Sea already work in the Retail industry, which employs 7,000 people. You would become a part of a well-established business community.

Take a look at three franchise business examples

If you would like to invest in the Retail industry, The Original Poster Company could be a good option. First established in 1991, the brand is now mature and a leader within the sector, having grown its franchise community for 29 years. By joining its current 70 franchisees, you would be joining a growing brand network. When investing in this franchise, you could qualify for financial aid.

You could also have a look at Signorini TARTUFI. By joining its 31 franchises already in operation, you could contribute to this brand's expansion. A total of £90,000, a significant initial investment, is required to open 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. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. You may be eligible for financial assistance.

Lastly, another option to consider is Minuteman Press. The brand operates in 975 franchise locations which make up a well-established business network. 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 open a Minuteman Press business is £25,000. Given these low startup costs, this option could be suitable for first-time franchisees. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See our website for more information.

There are currently 61 new business investment opportunities available in the Retail industry. If you're interested in exploring franchising options in other sectors, Point Franchise has 236 brands to pick from.

This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.