Retail & Stores Franchise opportunities to start in Margate
Margate is an attractive town to invest in
Margate, located in the South East of England, has many opportunities for people looking to start their own business. There are many brands currently recruiting franchisees in the Thanet area. This could mean working for yourself while receiving the comprehensive support of an established brand. We offer franchise investment options in a variety of sectors. Why not check out the sector that appeals to you the most?
An estimated 142,000 people currently live in Thanet. The majority of the population sits within the 60+ age range. The local labour force includes 60,400 people, or 74.3% of the total population. With an unemployment rate of 3.8%, recent data indicates that employment in this area is in line with the rest of the UK. In the United Kingdom, the average gross salary is close to £31,000; in the Thanet area, it is £24,959.
Have you considered the Retail industry?
Across the United Kingdom, you will find 61 franchises operating in the Retail industry. Could your ideal business be among our two Cosmetic franchises, four Sweet Shop franchises, two Greeting Card franchises, three E Cigarette franchises and three Fashion franchises? Have a browse to find out. Many companies in Thanet already operate in the Retail industry, which employs 6,000 people. You would become a part of a well-established business community.
Three franchise business examples worth looking at
The Retail industry has many franchise opportunities available, such as Ecigwizard, which has been in business since 2011. This brand is expanding quickly, counting 45 outlets in the UK. To start your business, you will need an initial investment of £60,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Ecigwizard, the minimum personal investment is £40,000. It is thus less appropriate for new investors. You could also benefit from financial assistance, if eligible.
Another option to consider is Zip Yard. If you can't cover the startup costs on your own, you could find out if you qualify for financial aid.
As a final Retail franchise option, take a look at Tubz Vending. By joining its network of 300 franchisees, you would become a part of a strong business community. Opening a Tubz Vending business requires an initial investment of £3,295. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. A small premises will also be required to operate this business. You may qualify for financial aid. Visit our website for details.
If you are interested in the Retail industry and would like to learn more about its available franchising options, explore the 61 companies currently recruiting franchisees in the sector. Plus, with 236 alternative franchising options available across various sectors, Point Franchise offers plenty of choice to find the brand that best meets your needs.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.