Retail Franchise opportunities to start in Trowbridge
Trowbridge: A great location to start a business
You could open your own business by becoming a franchisee in Trowbridge. Cardiff, located in Wales, offers a variety of new business investment opportunities. On this page, you'll find a range of companies looking for franchisees. Why not have a browse through our selection of new business investment options? There are opportunities to suit many needs and business objectives.
The population of Cardiff is 364,000. The most prevalent age group in the population falls within the 20-39 age bracket. The area has 193,900 economically active people, representing 78.6% of the population, with an unemployment rate of 3.4%. This rate is lower than the country's 4% national average. With an average gross annual income of £28,660, salaries in Cardiff are slightly lower than the average income of just over £30,500 across the United Kingdom.
Have you considered the High Street Shops sector?
There are 19 franchises in the High Street Shops sector to choose from. The High Street Shops sector is actually part of the Retail industry which offers a wider selection. There are currently four Sweet Shop franchises, four Printing franchises, two Greeting Card franchises, four Tool franchises and two Music Shop franchises recruiting at this time. Amongst these options, there is likely to be one to suit your career goals and aspirations.
Here are three examples of franchise businesses
If you are interested in running a business in the High Street Shops sector, read about Gautier. By joining its two franchises already in operation, you could contribute to this brand's expansion. You will need to invest in a small premises to operate this business.
Mail Boxes Etc. Is another interesting option. It is now firmly rooted in the market, counting 1,600 franchise outlets. In order to start a Mail Boxes Etc. business, a reasonable initial investment of £60,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Mail Boxes Etc. asks for a personal investment of at least £25,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. An investment in this franchise entitles you to financial assistance, if eligible. See eligibility details on our website.
Lastly, you could also consider BoConcept, which has been running since 1993. BoConcept has proved itself to be a successful business and leader in the sector in its 27 years since opening. The brand operates in 250 franchise locations which make up a well-established business network. You will need an initial investment of £500,000 to start your own BoConcept business. Your personal investment should account for at least £100,000 of the total amount. You may want to think about getting a loan to open a business in this sector. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
The High Street Shops sector offers many interesting franchising opportunities, including our 19 franchise options. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of 236 franchising possibilities.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.