Retail Franchise opportunities to start in Redcar
Why should you invest in Redcar?
Redcar, located in North East England, has many opportunities for people looking to start their own business. There are many brands currently recruiting franchisees in the Redcar and Cleveland area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. We offer a number of franchises to suit various budgets and career objectives. Have a look at our selection of businesses and sectors to see what might suit you.
The population of Redcar and Cleveland is made up of 137,000 residents. Residents aged over 60 years old are the most represented in the population. The economically active population in Redcar and Cleveland amounts to 57,500 people, with an unemployment rate of 5.5%. This rate is slightly higher than the national average. The annual salary in the UK is close to £31,000 on average. The people of Redcar and Cleveland earn an average annual salary of £23,062, lower than the national average.
Does the High Street Shops sector appeal to you?
Are you interested in the High Street Shops sector? If so, there are 19 available franchises to choose from across the United Kingdom. This is just one of the sectors you could choose within the Retail sector. There are also four Sweet Shop franchises, two Cosmetic franchises, three Toy Store franchises, three E Cigarette franchises and 19 Retail franchises. Have a look and find out if any are a good fit for you. Opening a business is not a simple feat, but becoming a franchisee makes running your own business much more feasible. The Redcar and Cleveland region offers plenty of opportunities for starting a new and exciting business venture of your own. The Retail industry is a busy one in the region, already employing 5,000 people. So, what is stopping you from opening your own business in Redcar and Cleveland today?
Want to know more? Read about these three brands
Mail Boxes Etc. Could be a great option for you if you're interested in the High Street Shops sector. It is now firmly rooted in the market, counting 1,600 franchise outlets. You will need to invest £60,000 to start your own Mail Boxes Etc. business. At least £25,000 of this reasonable amount should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. You could also receive financial assistance, if eligible.
You could also have a look at Post & Packing, which has been in business since 2012. The brand is developing quickly, with 11 locations currently in operation, and a desire to expand further. Opening a Post & Packing business requires an initial investment of £50,000. At least £35,000 should come from your own personal investment. It is thus less appropriate for new investors. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Finally, another option worth considering is Veeno. By joining its network of eight franchisees, you could play a part in this brand's success. To start your own Veeno franchise, you will need to invest £80,000, of which at least £35,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. By investing in this franchise, you may be eligible for financial assistance. Visit our website for more information.
There are currently 19 available franchise options in the High Street Shops sector. Take a look at these brands to see if there's a good fit for you. If you are still not sure which sector best suits your needs, have a look through our range of 236 new business investment opportunities across different sectors on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.