Business Franchise opportunities to start in Leicester
Thinking about living and working in Leicester?
Many brands are currently recruiting franchisees in Leicester, located in the East Midlands. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Leicester area. Explore our different franchising opportunities to find the sectors and brands that most appeal to you.
Leicester has a population of approximately 355,000 people. The most prevalent age group in the population falls in the 20-39 age bracket. Leicester has an unemployment rate of 5% within its labour force of 177,000 people. This rate is high compared to the national average. Across the United Kingdom, the annual gross salary is just over £30,500 on average. In the region of Leicester, it is £23,290.
Have you considered the Professional Services sector?
In the UK, there are 41 franchises recruiting in the Professional Services sector. The B2B Services sector offers a variety of options in addition to those in the Professional Services sector. These include three Media franchises, two Consulting franchises, six Recruitment franchises, six Courier & Delivery franchises and two Business Coaching franchises. Check out the brands available to find out which could be your perfect match.
Three franchise businesses worth reading about
If you're planning to invest in the Professional Services sector, take a look at CPA Online. This brand is growing, counting 10 outlets across the UK. This business opportunity requires a reasonable initial investment of £14,750. 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. CPA Online requires a minimum personal investment of £7,375. Given these low startup costs, this option could be suitable for first-time franchisees. You may qualify for financial aid.
Another interesting investment opportunity is Driver Hire, which launched in 1983. The brand's extensive experience, good reputation and wide exposure are valuable assets. The brand is developing, with 100 locations currently in operation, and a desire to expand further. Starting a Driver Hire business requires an initial investment of £40,000. If you intend to get a loan to cover the startup costs, Driver Hire asks for a personal investment of at least £32,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You could also benefit from financial assistance, if eligible.
As a final Professional Services franchise option, have a look at Bartercard UK. By joining its network of 75 franchisees, you could contribute to this brand's success. This business requires a reasonable initial investment of £6,000. 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 Bartercard UK business is £2,000. These low startup costs make this a good franchising option for first-time franchisees. If eligible, you might be able to benefit from financial aid. See eligibility details on our website.
If you are interested in the Professional Services sector and would like to discover more franchising options, have a look at the 41 brands available in this sector. If you are still not sure which sector best suits your needs, have a look through our range of 236 franchising opportunities across different sectors on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.