Page 2 - Retail Stores Franchise Opportunities Morecambe

What to consider when opening a franchise in Morecambe

Would you like to start a business in Morecambe, located in North West England? Would you like to work for yourself but not on your own? If so, check out our franchising options. On this page, you'll find several companies offering the training and support you need to run your own business in the Lancaster area. Starting a business should be exciting! Explore our selection of franchising opportunities, focusing on the sectors that you feel most passionate about.

There are an estimated 144,000 people living in the Lancaster area. Residents aged 20 to 39 years old make up the majority of the population. Unemployment affects 4% of the UK population. With a rate of 4.7%, unemployment in this area is slightly higher than the national average. The labour force amounts to 62,900 people, making up 69.5% of the population. Lancaster has an average annual salary of ?27,639. This salary is slightly lower than the rest of the United Kingdom, which has an average income of just over ?30,500.

The Retail industry could be the right choice for you

The Retail industry currently offers 61 franchise opportunities. If this sector appeals to you, take a look at our options. With three Toy Store franchises, three E Cigarette franchises, two Cosmetic franchises, two Greeting Card franchises and three Craft franchises, this field has great potential for exciting investment opportunities. See if there's a brand to suit your goals and interests. In Lancaster, the Retail industry already provides employment for nearly 6,000 people, potentially making this path an ideal one for you, too!

Three examples of available franchise business possibilities

If you are interested in running a business in the Retail industry, read about The London Vape Company, a company operating since 2014. By joining its network of five franchisees, you could play a part in this up-and-coming brand's success. You will need an initial investment of ?60,000 to open your own London Vape Company business. Your personal investment should account for at least ?30,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Due to the higher startup costs, this option is not recommended for first-time franchisees. A small premises will also be required to operate this business. By investing in this franchise, you may qualify for financial assistance.

The Retail industry has many brands worth considering. Have a look at Minuteman Press. The brand benefits from a strong network and good visibility, operating in 975 franchise locations. Starting a Minuteman Press business requires an affordable initial investment of ?50,000. At least ?25,000 should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. If you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.

Finally, Signorini TARTUFI is another interesting franchise option if you plan to invest in the Retail industry. The brand is expanding, with 31 outlets currently in operation, and a desire to expand further. Opening a Signorini TARTUFI business requires a substantial initial investment of ?90,000. If you plan on getting a loan to cover the startup costs, Signorini TARTUFI asks for a personal investment of at least ?30,000. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. You may be eligible for financial aid. Visit our website for more information.

There are 61 franchises waiting to be discovered in the Retail industry. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.