Business Franchise opportunities to start in Cambridge
Investing in Cambridge could be your next move
Are you thinking about opening a franchise? Cambridge, in the East of England, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while running your own business. Take a look at the brands currently recruiting in Cambridge. Explore our different franchising opportunities to find the sectors and brands that most appeal to you.
There are 126,000 people living in the Cambridge area. The majority of residents are aged 20 to 39 years old. The 1.4% unemployment rate among 69,400 economically active people in the region is significantly lower than the national average. Across the United Kingdom, the average gross income is £30,629. In the Cambridge area, it is £33,225.
Have you considered the Professional Services sector?
Are you interested in the Professional Services sector? If so, there are 41 available brands to choose from in the UK. In addition to the business opportunities in the Professional Services sector, the B2B Services sector offers 41 Business franchises, six Courier & Delivery franchises, 38 Management franchises, 27 B2B franchises and five Graphic Design franchises. Have a look at the brands to find out if your perfect match is among them.
Three brands worth your attention
If you like the idea of opening a franchise in the Professional Services sector, CPA Online could be an option for you. This brand is developing, counting 10 locations across the UK. You will need an initial investment of £14,750 to start your own CPA Online business. Your personal investment should account for at least £7,375 of the total amount. You may want to consider getting a loan to open a business in this sector. These relatively low startup costs make it a good option to pursue for first-time franchisees. This investment entitles you to training, assistance and support from CPA Online.
Bartercard UK is another interesting option. By joining its current 75 franchisees, you would be joining a growing brand network. Starting a Bartercard UK business requires a reasonable initial investment of £6,000. If you intend to get a loan to cover the startup costs, Bartercard UK asks for a personal investment of at least £2,000. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make this a good franchising option for first-time franchisees.
Lastly, another option to consider is Driver Hire. The company first opened in 1983. The brand has grown a loyal following over the past 37 years. There are 100 outlets open so far, and the network is expanding. In order to start a Driver Hire business, an initial investment of £40,000 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. Driver Hire requires a personal investment of at least £32,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. When investing in this franchise, you can benefit from the assistance and support of an established brand and you could even qualify for financial aid. See our website for details.
If you want to work in the Professional Services sector, the perfect business opportunity could be waiting for you among our 41 available franchises in the sector. At Point Franchise, we are proud to offer 238 franchise options across various sectors, helping you find the perfect investment opportunities for you.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.