Retail & Stores Franchise opportunities to start in Northampton
Opening a franchise business in Northampton
Many brands are currently looking for franchisees in Northampton, located in the East Midlands. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Northampton area. Browsing our selection of brands and sectors will allow you to pinpoint the type of business that is right for you.
According to recent census data, 225,000 people live in Northampton. Residents aged 20 to 39 years old make up the prevalent age group within the population. The labour force in Northampton amounts to 120,300 people, with an unemployment rate of 5.1%. This rate is slightly higher than the national average. Residents of Northampton have an annual average salary of £29,501. In comparison, the average gross income in the UK is £30,629.
Why start a franchise in the Retail industry?
Across the United Kingdom, you will find 61 franchises operating in the Retail industry. Available brands include two Music Shop franchises, three Toy Store franchises, three Craft franchises, three Fashion franchises and four Printing franchises. You are likely to find a business that fits your career goals and aspirations among our numerous investment opportunities.
Three franchises that might interest you
Snap-on could be a great option for you if you're planning to invest in the Retail industry. To start your business, you will need an initial investment of £110,143. 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 typically be required. For Snap-on, the minimum personal investment is £24,143. These low startup costs make it a good option to pursue for first-time franchisees.
Another option to consider is The London Vape Company, a brand that first began operating in 2014. By joining its five franchises already in operation, you could contribute to this company's rapid expansion. Opening a London Vape Company franchise will require you to invest a minimum of £60,000. At least £30,000 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Finally, Tubz Vending is another interesting brand operating in the Retail industry. You will need an initial investment of £3,295 to start your own Tubz Vending business. 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.
We offer a total of 61 businesses in the Retail industry. If you're interested, see if the right franchising opportunity for you is among them. Point Franchise offers a total of almost 250 franchising options across a variety of sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.