Retail & Stores Franchise opportunities to start in Sittingbourne
What can Sittingbourne offer to new businesses?
Have you ever considered opening a franchise in Sittingbourne? This could be your opportunity to manage your own business while benefiting from comprehensive training and marketing support, since many businesses in the Swale area are currently recruiting franchisees. Starting a business should be exciting! Explore our selection of franchising opportunities, focusing on the sectors that you feel most passionate about.
There are an estimated 149,000 people in the Swale area. The most prevalent age group in the population falls within the 40-59 age bracket. The 4.9% unemployment rate among the 65,600 economically active people in the area is slightly higher than the national average. With an average gross annual income of £29,888, salaries in Swale are in line with the average salary of close to £31,000 across the United Kingdom.
Could the Retail industry be the right choice for you?
There are currently 61 opportunities to invest in the Retail industry. If you would like to operate a business in this field, keep reading. You will find three E Cigarette franchises, two Cosmetic franchises, four Tool franchises, three Fashion franchises and three Toy Store franchises offering the opportunity to invest. Check out our available brands to find a potential match. Retail is a well-established industry, providing employment for 4,500 people in Swale alone.
Read about these three brands to see what franchise options exist
If you are interested in running a business in the Retail industry, read about Ecigwizard, a brand operating since 2011. This brand is growing quickly, counting 45 outlets across the United Kingdom. In order to open an Ecigwizard business, an initial investment of £60,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Ecigwizard asks for a personal investment of at least £40,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. Eligible candidates may apply for financial aid.
If the Retail industry appeals to you, Cash Converters is another option you could consider. First established in 1984, Cash Converters has gained substantial customer loyalty over its 36 years in business. The brand's network is made up of 200 franchisees, which enhance its exposure. You will need to invest £100,000 to open your own Cash Converters business. At least £39,000 of this significant amount should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Lastly, you could also have a look at Noa Noa. By joining its 90 franchises already in operation, you could contribute to this company's expansion. Financial assistance can be provided in some circumstances. Visit our website for more information.
The Retail industry currently offers 61 investment opportunities. If you're interested in exploring franchising opportunities in other sectors, Point Franchise has 236 brands to choose from.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.