Page 2 - Retail Stores Franchise Opportunities Bury-St-Edmunds

Starting a new business in Bury St Edmunds

If you want to start a business in Bury St Edmunds, working for yourself but not on your own, then check out our franchising opportunities in the East of England. On this page, you will find a range of brands to choose from for becoming a franchisee in the Forest Heath area and across the UK. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career goals.

An estimated 179,000 people currently live in Forest Heath. When broken down by age group, the 60+ age range is the most prevalent in the population. For the Forest Heath area, the average salary is ?30,485, which is in line with the national average income of close to ?31,000.

Why the Retail industry might be a good option for you

If you're interested in becoming a franchisee in the Retail industry, check out our 61 franchise options currently available in the field. There are currently three Craft franchises, three Toy Store franchises, four Tool franchises, four Printing franchises and two Music Shop franchises recruiting franchisees. Have a browse to see whether any fit your career goals and aspirations. If you're interested in the Retail industry, you're not alone. In Forest Heath, 8,000 people currently work in the sector.

Check out three available franchise opportunities

If you're planning to invest in the Retail industry, take a look at Cash Generator, a brand that opened in 1997. Cash Generator has proved itself to be a successful business and leader in the field in its 23 years since opening. The brand runs in 700 franchise locations which make up a strong business community. A significant initial investment of ?240,000 will enable you to open your own Cash Generator business. In most cases, your personal investment should represent 30 to 50% of the total amount. Cash Generator requires you to personally invest at least ?80,000. You could potentially apply for a loan to cover the remaining costs. It is thus less appropriate for new investors.

Another option worth considering is Cash Converters, a brand that was first established in 1984. The company has built strong customer loyalty over the past 36 years. The brand's network is made up of 200 franchisees, which enhance its exposure. This business opportunity requires a substantial initial investment of ?100,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Cash Converters requires a minimum personal investment of ?39,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.

Lastly, another possibility to consider is Mac Tools. The company first began operating in 2011. The brand's network is significant, counting 170 outlets in the UK. In order to start a Mac Tools business, a reasonable initial investment of ?50,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Mac Tools asks for a personal investment of at least ?5,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. By investing in this franchise, you may qualify for financial assistance. See our website for more information.

If you would like to have a look at more new business investment options in the Retail industry, we currently have 61 available opportunities. On Point Franchise, there is plenty of choice in other sectors as well. We have almost 250 franchising opportunities in total to choose from.