Page 2 - Retail Stores Franchise Opportunities Cheltenham

What to consider when opening a business in Cheltenham

You could start your own business by becoming a franchisee in Cheltenham. There are a number of franchise options to choose from in Cheltenham, located in South West England. Have a look at our selection of brands and start running your own business with a team behind you. With your interests and career objectives in mind, have a look at our range of franchising opportunities.

There are approximately 117,000 people currently living in Cheltenham. The population's most prevalent age group is made up of 20-39 year olds. The community has a 3.8% unemployment rate, which is in line with the UK average of 4%. There are 64,100 economically active people in the region, representing 87.6% of the total population. Across the United Kingdom, the average gross income is ?30,629. In the Cheltenham area, it is ?36,162.

Why the Retail industry might be a good option for you

Across the United Kingdom, there are 61 franchises operating in the Retail industry. This sector offers a number of interesting options, including two Music Shop franchises, four Sweet Shop franchises, two Greeting Card franchises, three E Cigarette franchises and three Toy Store franchises. See if any catch your eye. In Cheltenham, the Retail industry already provides employment for nearly 7,000 people, potentially making this path an ideal one for you, too!

Three examples of available franchise business possibilities

If you are interested in opening a franchise in the Retail industry, Tubz Vending could be an option for you. By joining its network of 300 franchisees, you would become a part of a strong business community. You will need an initial investment of ?3,295 to start your own Tubz Vending business. These relatively low startup costs make it a good option to pursue for first-time franchisees. A small premises will also be required to operate this business. When investing in this franchise, you could qualify for financial assistance.

Take a look at Cash Generator. In business since 1997, the brand has acquired valuable experience and expertise over the past 23 years. The brand's network is vast, counting 700 outlets in the UK. To start your business, you will need an initial investment of ?240,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Cash Generator, the minimum personal investment is ?80,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.

As a final Retail franchise option, check out Zip Yard. Financial support is available for eligible franchisees. Visit our website for more information.

If you would like to know more about franchise opportunities in the Retail industry, have a browse through our 61 available options. With close to 250 new business investment opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.