Retail Franchise opportunities to start in York
Investing in York could be your next move
If you're interested in running your own business in York, located in Yorkshire and the Humber, you should explore franchising options. Several companies are currently recruiting in the York area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and career goals.
The York area has a population of 210,000 residents. The majority of residents are aged 20 to 39 years old. York has an unemployment rate of 2.6% within its labour force of 109,700 people. This rate is very low compared to the national average. In the UK, the average gross income is close to £31,000; in the York area, it is £31,148.
What the High Street Shops sector could offer you
If you're considering becoming a franchisee in the High Street Shops sector, have a look at our 19 franchise opportunities currently available in the field. In fact, the Retail industry as a whole offers a wide variety of franchises to invest in, including three Craft franchises, three Toy Store franchises, two Greeting Card franchises, three E Cigarette franchises and four Printing franchises. Check out our available brands to find a potential match.
Want to know more? Read about these three brands
Tubz Vending is a competitive business operating in the High Street Shops sector. The brand has a strong network and good visibility, operating in 300 franchise outlets. To start your own Tubz Vending business, you will need an initial investment of £3,295. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. A small premises will also be required to operate this business. You may qualify for financial aid.
Schmidt is another successful brand operating in the High Street Shops sector. By joining its 28 franchises already in operation, you could contribute to this brand's expansion. You will need to invest £350,000 to begin running your own Schmidt business, which is a significant 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 advisable for first-time franchisees. The training and assistance provided by Schmidt give you the tools to manage your own business efficiently. Financial assistance can also be given in some circumstances.
Finally, another possibility to consider is Veeno. The brand is growing, with eight locations currently in operation, and a desire to expand further. Opening a Veeno business requires an initial investment of £80,000. If you plan on getting a loan to cover the startup costs, Veeno asks for a personal investment of at least £35,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. You may feel more secure in starting a Veeno franchise knowing that franchisees are provided with full training, assistance and support. Eligible candidates may also apply for financial aid. See eligibility details on our website.
The High Street Shops sector offers many interesting investment opportunities, including our 19 franchise options. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a range of sectors. Have a look to see which other sectors you might want to invest in.
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