Retail & Stores Franchise opportunities to start in Ramsgate
Ramsgate is an attractive town to invest in
Many brands are currently looking for franchisees in Ramsgate, located in South East England. By becoming a franchisee, you could manage your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Thanet area. Starting a business should be exciting! Explore our range of franchising opportunities, focusing on the sectors that you feel most passionate about.
Approximately 142,000 people currently live in Thanet. The majority of the population sits within the 60+ age range. Approximately 60,400 people are economically active in the area, representing 74.3% of the population. The unemployment rate (3.8%) is comparable to the national average (4%). The UK's annual average income is just over £30,500. Salaries in Thanet are slightly lower in comparison, averaging £24,959 a year.
Why the Retail industry might be a good option for you
Across the UK, you will find 61 franchises operating in the Retail industry. You can choose an investment opportunity from four Printing franchises, four Tool franchises, four Sweet Shop franchises, two Cosmetic franchises and two Music Shop franchises. Let our selection of brands be your guide to starting your next exciting business opportunity. If you're keen on the Retail industry, you may want to consider how many people already work in the sector. In Thanet, Retail businesses currently employ 6,000 people.
Three examples of available franchise business possibilities
Cash Generator is an interesting franchise that has been operating in the Retail industry since 1997. Cash Generator has acquired valuable experience in the field in its 23 years since first opening. The brand benefits from a well-established network and good visibility, running in 700 franchise locations. This business requires a significant initial investment of £240,000. 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 Cash Generator business is £80,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
The London Vape Company is another successful brand that has been operating in the Retail industry since 2014. This brand is expanding quickly, counting five outlets across the UK. An initial investment of £60,000 will enable you to start your own London Vape Company business. In most cases, your personal investment should represent 30 to 50% of the total amount. The London Vape Company requires you to personally invest at least £30,000. You could potentially get a loan to cover the remaining costs. It is thus less appropriate for new investors. A small premises will also be required to operate this business. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Finally, another option worth considering is Signorini TARTUFI. By joining its 31 franchises already in operation, you could contribute to this company's expansion. To start your business, you will need an initial investment of £90,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Signorini TARTUFI, the minimum personal investment is £30,000. 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. An investment in this franchise entitles you to financial aid, if eligible. 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 close to 250 brands to pick from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.