Retail Franchise opportunities to start in Shrewsbury
Investing in a franchise in Shrewsbury
Discover the franchise options waiting for you in Shrewsbury, situated in the West Midlands. On this page you'll find a selection of brands recruiting franchisees in the Shropshire area. Franchising gives you the opportunity to manage your own business, complete with training and marketing assistance. We offer franchise investment options in a variety of sectors. Why not look into the sector that appeals to you the most?
According to recent census data, there are 320,000 people living in Shropshire. The majority of the population sits within the 60+ age range. The local labour force consists of 151,100 people, or 82.9% of the total population. With an unemployment rate of 2.7%, recent data shows that employment in this area is significantly lower than in the rest of the UK. Residents of Shropshire have an annual average income of £28,225. In comparison, the average gross salary in the United Kingdom is close to £31,000.
Running a franchise in the High Street Shops sector
There are 19 brands currently looking for franchisees in the High Street Shops sector. If this sector appeals to you, check them out. The High Street Shops sector is part of the Retail industry, which also offers three Craft franchises, four Tool franchises, two Music Shop franchises, three Fashion franchises and two Greeting Card franchises. The perfect business to suit your career objectives and aspirations might just be among them.
Three franchise businesses worth reading about
There are many interesting franchising possibilities in the High Street Shops sector. Take Granite & TREND Transformations for example. A total of £67,500 is required to open a Granite & TREND Transformations franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £30,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors.
If the High Street Shops sector appeals to you, Mail Boxes Etc. Is another option you could have a look at. A network of 1,600 franchisees promotes the brand's visibility. Starting a Mail Boxes Etc. franchise will require you to invest a minimum of £60,000. At least £25,000 of this should come from your own personal investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
Finally, another opportunity worth considering is CAVAVIN. By joining its network of 160 franchisees, you would become a part of a well-established business community. To open your own CAVAVIN franchise, you will need to invest £100,000, of which at least £40,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid. See our website for more information.
If you would like to take a look at more franchising options in the High Street Shops sector, we currently have 19 available opportunities. If you're interested in exploring franchising opportunities in other sectors, Point Franchise has 236 brands to pick from.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.