Page 2 - Retail Stores Franchise Opportunities Cambridge

Investing in a franchise in Cambridge

You could start your own business by becoming a franchisee in Cambridge. There are a number of opportunities to choose from in Cambridge, located in the East of England. Have a look at our selection of brands and start managing your own business with a team behind you. To start off with, look for the line of work that interests you the most. This is a quick way to find the brand best suited to you.

An estimated 126,000 people currently live in Cambridge. The 20-39 age range makes up the majority of the population. The local unemployment rate of 1.4% is very low compared to the national average of 4%. The local labour force consists of 69,400 people, representing 81.8% of the population. Cambridge has an average annual income of ?33,225. This salary is higher than the rest of the United Kingdom, which has an average salary of just over ?30,500.

Why start a franchise in the Retail industry?

Are you interested in running your own business in the Retail industry? Have a look at our 61 franchise options available in this field. You will find a lot of interesting franchising options, including three Craft franchises, two Music Shop franchises, two Greeting Card franchises, four Printing franchises and two Cosmetic franchises. Take a look at the available brands to see if your perfect match is among them. If you're interested in the Retail industry, you're not alone. In Cambridge, 8,000 people currently work in the industry.

Three franchise business examples worth looking at

Initially established in 1991, The Original Poster Company is a competitive business operating in the Retail industry. The Original Poster Company has proved itself to be a successful business and leader in the sector in its 29 years since opening. By joining its current 70 franchisees, you would become a part of a growing brand network. When investing in this franchise, you could be eligible for financial aid.

The London Vape Company is another competitive brand operating in the Retail industry. The first franchise launched in 2014. Starting a London Vape Company business requires an initial investment of ?60,000. If you intend to get a loan to cover the startup costs, The London Vape Company asks for a personal investment of at least ?30,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. If eligible, you might be able to benefit from financial assistance. Visit our website for details.

Lastly, another option worth considering is Cash Converters, a company that opened in 1984. Cash Converters has gained expertise and customer loyalty in its 36 years since opening. The brand runs in 200 franchise locations which make up a well-established business network. This business requires a substantial initial investment of ?100,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Cash Converters business is ?39,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.

If you would like to know more about franchise opportunities in the Retail industry, have a browse through our 61 available options. You will find a total of close to 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.