Retail & Stores Franchise opportunities to start in Canterbury

Canterbury: A great location to start a business

Are you thinking about opening a franchise? Canterbury, in South East England, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while managing your own business. Check out the brands currently recruiting in Canterbury. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and business goals.

Canterbury has an estimated population of 165,000 residents. Residents aged 20 to 39 years old are the most represented within the population. The region has 73,500 economically active people, representing 71.0% of the population, with an unemployment rate of 2.4%. This rate is significantly lower than the country's 4% national average. With an average gross annual income of £31,483, salaries in Canterbury are in line with the average salary of close to £31,000 across the United Kingdom.

Have you considered the Retail industry?

Across the United Kingdom, you will find 61 franchises operating in the Retail industry. You can choose an investment opportunity from four Tool franchises, three E Cigarette franchises, three Craft franchises, four Sweet Shop franchises and two Music Shop franchises. Let our selection of brands be your guide to starting your next exciting franchising opportunity. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Canterbury area, 8,000 people are employed by Retail companies.

Here are three examples of franchise businesses

There are many interesting franchising possibilities in the Retail industry. Take Noa Noa for example. This brand is expanding, counting 90 outlets across the United Kingdom. Also, if you can't afford the startup costs alone, you may be entitled to financial aid.

Another option to consider is Minuteman Press. The brand's network is made up of 975 franchisees, which promote its visibility. To start your own Minuteman Press franchise, you will need to invest £50,000, of which at least £25,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. These low startup costs make it a good option to pursue for first-time franchisees. Financial assistance is available for eligible franchisees. See our website for details.

Finally, Cash Generator is another successful business that has been operating in the Retail industry since 1997. Cash Generator now has over 23 years of experience under its belt. The brand's network is important, counting 700 locations across the country. You will need to invest £240,000 to begin running your own Cash Generator business, which is a substantial initial investment. Your personal investment should account for at least £80,000 of the total amount. Due to the higher startup costs, this option is not recommended for first-time franchisees.

Many businesses are already operating in the Retail industry. We currently have 61 franchise opportunities available in the sector. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across many different sectors. Enjoy exploring your options.

This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.